Lele Jima
Shiba Inu’s marketing lead and top crypto expert Lucie suggests that Shibarium is preparing for a big win amid the upcoming Bitcoin bull run.
In a tweet yesterday, She characterized Shibarium as a little guy whose ambitious dreams are about to come to pass. According to Lucie, the Shiba Inu ecosystem team will collaborate with top industry players to strengthen the popular Layer-2 scaling solution.
Aside from the upcoming partnerships, Lucie mentioned that Shiba Inu’s native tokens, including SHIB, BONE, and LEASH, will also pave the way for an imminent takeoff for Shibarium.
Get Ready for #Shibarium‘s Big Win!
In the world of Layer 2 solutions, Shibarium is the little guy with big dreams. Those dreams are about to come true! We’re teaming up with some awesome partners to make Shibarium even stronger. With assets like $SHIB, $BONE, and $LEASH,… pic.twitter.com/tVmwM0Um3Z
— 𝐋𝐔𝐂𝐈𝐄 | Shibarium ⛓️ (@LucieSHIB) February 12, 2024
Shiba Inu Will Win Big and Shine
Interestingly, Lucie highlighted the peak of the bull run as the period Shiba Inu will win big and shine. She pointed out that money will first flow into Bitcoin and other top altcoins when the bull market commences.
Afterward, she emphasized that investors would channel the profits from these top crypto assets into smaller gems like Shibarium ecosystem tokens.
“I have faith in the Shibarium community and believe that they have the potential to come out on top, even if they are currently viewed as the underdog,” she added.
– Advertisement –
Significance of Bull Market on Shiba Inu
Notably, there is a lot of fuss surrounding the bull market. Many crypto enthusiasts believe the bull market has commenced, given Bitcoin’s upward trajectory that saw it spike to $50,000 today. However, others speculate that the bull cycle will start after the Bitcoin Halving, slated for mid-April 2024.
Historically, the prices of various crypto assets, including SHIB, usually surge tremendously, hitting new all-time highs (ATH).
Following Shiba Inu’s performance in the previous bull cycle, top experts like Lucie expect the canine-themed token to record another positive rally in the upcoming season.
Shiba Inu’s lead developer, Shytoshi Kusama, shared a similar view last year, affirming that SHIB will not miss out on the bull market.
At press time, SHIB was changing hands at $0.00000957, up 2.8% in the past 24 hours. Similarly, the token is also up 7.6% in the weekly charts.
Despite its slight price surge recently, SHIB is still down 88.9% from its all-time high of $0.00008616, recorded during the peak of the last bull market two years ago. Whether Shiba Inu will register a new ATH in the upcoming bull cycle remains to be seen.
Shiba Inu Team Drives Adoption
In the meantime, the Shiba Inu ecosystem team is working behind the scenes to roll out notable projects. These efforts have started yielding positive results, as reflected in the widespread adoption of Shibarium.
The Crypto Basic reported yesterday that several new projects are pivoting to Shibarium, with NOWNodes declaring support for them.
The L2 blockchain launched in August has successfully processed over 347 million transactions and minted 3.14 million blocks. Furthermore, over 1.35 million wallets have interacted with Shibarium since its inception.
Follow Us on Twitter and Facebook.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
-Advertisement-
