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The current Shiba Inu price trajectory might be unsure at the moment, but fervent investors continue to stand strong. Lucie, Shiba Inu’s marketing lead, recently dropped an interesting take on the meme coin’s potential in the near future. In a stunning post on social media platform X, Lucie noted that if everything works out well, Shiba Inu has the potential to perform a 1000% increase in its price within two to three days. As expected, this projection has sparked excitement among some members of the Shiba Inu community.
Current Price Action Is Irrelevant
Lucie’s bold assertion of a massive Shiba Inu surge came hand-in-hand with her candid assessment of the token’s current price movement. In a recent post on the social media platform X, she reflected on the meme coin’s price trajectory while also acknowledging the challenges that SHIB holders are currently facing. However, she emphasized that the present downturn in price is relatively insignificant when considering the potential of Shiba Inu’s well-established ecosystem. Furthermore, she highlighted that the ecosystem continues to grow nevertheless.
The “price hurt” that Lucie referred to stems from the inconsistent price action that Shiba Inu has experienced over the past few weeks. The token has been on a rollercoaster ride, making it difficult to predict its future direction. Notably, SHIB recently went on a rally in the second half of September to reach a three-month peak of 0.00002133. However, it has since depreciated from this peak by about 20% at the time of writing.
Despite these ups and downs, Lucie believes the ecosystem is in a good place for the SHIB price to increase by 1,000% within two to three days.
What’s Next For SHIB Moving Forward?
Lucie’s comment on the price of SHIB seems to resonate well with members of the Shiba Inu community. However, she did clarify that it is based on just how she sees it and is not financial advice of any kind. The confidence in Shiba Inu’s future is fueled by the continuous development and expansion of the ecosystem, which includes continuous SHIB burns and projects like ShibaSwap, the Shibarium Layer 2 solution, and other altcoins.
At the time of writing, SHIB is trading at $0.0000171 and has been down 2.77% in the past 24 hours. However, it is still up 6.63% and 23.25% in seven and 30 days, respectively. If SHIB were to perform a 1,000% increase in the next two to three days, this would put its final price around $0.000190, which is going to be a new all-time high.
It’s important to note that Lucie’s outlook doesn’t necessarily imply that the SHIB price will surge by 1,000% in the next two or three days. Just that the ecosystem has the potential to pull off such a move within that time period.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.