Top Shiba Inu (SHIB) influencer Lucie believes that the project ecosystem is gearing up to kickstart the next bull run in the crypto market. She cites the recent developments in the ecosystem, including the launch of the Shibarium Beta Bridge and the unveiling of the Self-Sovereign Identity (SSI) initiative, as evidence of the project’s bullish momentum.
Read Also: Early Bitcoin Investor Says Shibarium Could Be A Major Game Changer For SHIB. Here’s why
In the past weeks, SHIB and BONE have been performing outstandingly. SHIB is up over 20% in the last seven days, while BONE is up over 30%. This impressive performance has led to increased investor interest in the Shiba Inu ecosystem.
Lucie also urged the ShibArmy to stay positive and supportive as the Summer of Shibarium lingers. The Summer of Shibarium is a campaign filled with ecosystem developments leading to the mainnet launch of the Shiba Inu L2 project, Shibarium. Several thrilling releases have already been introduced, paving the way for Shibarium.
In addition to Shibarium’s anticipated launch, the Shiba Inu ecosystem is also expected to see the launch of several other projects in the near future. These include Shibaswap 2.0, SHI stablecoin, and TREAT token.
There are several reasons why the Shiba Inu ecosystem is bullish. First, the project has a strong community of supporters. ShibArmy is known for its enthusiasm and dedication, and they are always willing to promote the project. Second, the Shiba Inu ecosystem is constantly evolving.
Read Also: CEO Expresses Optimism about Shiba Inu (SHIB) Using Shibarium to Reach $0.01
The team is always working on new projects and initiatives, which helps to keep the ecosystem fresh and exciting. Third, the Shiba Inu ecosystem has a strong focus on utility. The project is not just a meme coin, it has real-world applications. For example, SHIB can be used to pay for goods and services on the ShibaSwap exchange, and it can also be staked to earn rewards.
Lucie’s comments suggest that the Shiba Inu ecosystem is primed for growth in the coming months. The recent developments in the ecosystem, as well as the upcoming projects, are all bullish indicators. Investors who are looking for a project with long-term potential may want to consider adding SHIB to their portfolio.
Follow us on Twitter, Facebook, Telegram, and Google News
The Dogecoin price is again making waves, with analysts predicting a new all-time high (ATH)…
Experienced crypto analyst EGRAG has projected that XRP could reach remarkable price levels if Bitcoin…
In the ongoing bull market, memecoins have provided the best opportunities, and to keep its…
Cryptocurrency enthusiasts are buzzing about the potential for massive gains in popular tokens. There's speculation…
Attorney Jeremy Hogan, a prominent figure in the XRP community, recently outlined two key developments…
Shiba Inu has been stirring excitement among crypto enthusiasts, with hopes of its value reaching…