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The pseudonymous marketing lead of the Shiba Inu team, famous on social media as Lucie, has taken to the X network (formerly popular as Twitter), to issue a crucial message to the SHIB army and assure them that SHIB and all other Shibarium tokens are likely to have a bright future.
She revealed several important factors that SHIB and all Shibarium tokens are backed by. Lucie was optimistic in her post, sharing that optimism with the crypto community.
"All our tokens will survive and rise"
Lucie addressed the Shiba Inu community, predicting a bullish future for SHIB, BONE, LEASH and other tokens of the Shiba Inu ecosystem. “All our tokens will survive and rise,” the SHIB marketing lead tweeted. She revealed that there is a lot of technology standing behind those tokens, basically supporting all products of the SHIB team.
“They are backed by community, technology, and continuous development,” according to Lucie.
As for recent waves of hype and downturns on the crypto market, Lucie reminded the community that these things are quite common and should not surprise savvy crypto investors and holders.
In the meantime, the second most popular meme coin, SHIB, has staged a 4% increase over the past 24 hours as it recovered after the 8.2% decline since Monday. At the time of this writing, the asset is changing hands at $0.00001542. From Friday to Monday, SHIB has lost almost 13% of its market price.
Shibarium faces massive transaction drop
Meanwhile, layer-2 blockchain Shibarium has been demonstrating a significant drop in daily transactions. While, until Feb. 15, the count stood at 4.64 million per day, starting from then, the metric trajectory took a sharp drop.
On Feb. 17, the sharp decline took the value down to roughly 90,000. As of Feb. 18, the daily transaction count shows 54,640 transactions. This constitutes a 98.8224% decline. The SHIB team has not addressed this issue on social media and did not comment at all on this massive drawdown.
As for the total transaction count, it is approaching a historic mark of one million and currently displays 956,276,059. The total number of blocks has almost reached 10 million – 9,549,430. As for the total amount of wallets linked to Shibarium, it has recently increased to 23,580,714.
Dan Burgin
U.Today Editorial Team
