The post ‘SHIB Is Our BTC,’ Shiba Inu Team Issues Bullish Statement Amid Market Turbulence appeared on BitcoinEthereumNews.com.

Shiba Inu (SHIB), the dog-themed meme coin, has experienced major bearish pressure on the broader cryptocurrency market. This drawdown is threatening SHIB’s ranking among the top 20 crypto assets. The development has prompted Lucie, SHIB Marketing Lead, to issue a bold statement regarding the ecosystem’s future. Shiba Inu’s ecosystem and core identity Lucie restated an existing idea about the ecosystem in an update shared on X. Notably, Lucie maintains that the term “SHIB” refers to the token itself and the entire Shiba Inu ecosystem. In her words, “SHIB is our BTC.” This implies that SHIB is the foundational asset of the dog-themed meme coin. It is similar to how Bitcoin (BTC) functions as the core of the broader crypto market. Related When I say SHIB, I mean the SHIB ecosystem. SHIB is our BTC. For me, that means everything—TREAT, BONE, SHEB, LEASH, Shiboshis, and Shib: The Metaverse. We are building and moving forward. The market was liquidated due to political fear-mongering and manipulation, but there’s… — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 10, 2025 Lucie listed the various components of the Shiba Inu ecosystem, including but not limited to BONE, SHIB and Shib: The Metaverse. The essence of this is to emphasize that Shiba Inu is more than just a meme coin. The marketing lead also clarified that Shiba Inu is an expanding blockchain-based ecosystem with several tokens, NFTs and a metaverse project. Hence, despite the challenges, Lucie teased SHIB as a notable entity in the broader crypto industry. Market volatility and SHIB resilience Lucie specifically acknowledged the recent market downturn, which has resulted in price fluctuations for most assets. According to her, the downturn is attributable to “manipulation” rather than fundamental weaknesses in the crypto sector. However, despite the intense volatility, SHIB recently recorded a 3% surge, and Lucie has encouraged community members to…

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Filed under: News - @ March 10, 2025 11:18 pm