The Shiba Inu development team has reaffirmed its confidence in the project, encouraging investors to remain patient despite the recent market downturn. Lucie, the marketing lead for Shiba Inu, addressed concerns within the community, expressing optimism about the token’s long-term success. Never say never SHIB WILL SUCCEED — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 3, 2025 SHIB Faces Market Decline Like many cryptocurrencies, SHIB has experienced a significant price drop, reaching a multi-month low of $0.00001228. Although the token has slightly rebounded to $0.00001300, it remains down by 60% from its December 5 peak of $0.000033. The situation is even more pronounced compared to its all-time high of $0.00008845, reflecting an 85.65% decline. Current data indicates that a substantial portion of the token holders are at a loss. Approximately 85.23% of SHIB-holding blockchain addresses, collectively possessing 839.23 trillion tokens (valued at $10.66 billion), are currently in a negative position. Meanwhile, 12.42% of addresses, holding 122.34 trillion SHIB ($1.55 billion), remain in profit. Another 2.34% of holders, with 23.09 trillion tokens, are at breakeven levels. Lucie Reassures Investors Amid Volatility In response to concerns over the token’s performance, Lucie conveyed a message of reassurance to the community. She emphasized her strong belief in SHIB’s long-term potential, asserting that the token will succeed despite current market fluctuations. Lucie did not provide specific reasons for her optimism but has consistently expressed confidence in the ecosystem. She attributes SHIB’s potential future growth to several ongoing initiatives, including Shibarium, ShibaSwap, SHIB: The Metaverse, Shiba Inu games, and the Shib Marketplace. These projects are part of the team’s strategy to transition SHIB from a meme token to a utility-driven asset. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Additionally, the team is actively promoting the idea of a Shiba Inu exchange-traded fund (ETF) in the United States. If successful, this initiative could introduce the token to institutional investors, potentially increasing its market adoption. Potential for Recovery Despite recent declines, market analysis suggests that SHIB could end the month with notable gains. Historical data from CryptoRank shows that the asset has experienced an average growth rate of 31.7% in March over the years. In March 2022, SHIB recorded a slight 0.43% increase, while March 2023 saw a 9.65% decline. However, the token rebounded the following year with a substantial 145.2% surge. As of March 2025, SHIB has fallen by 8.56% in the first few days of the month. While past trends indicate potential for recovery, investors are reminded that historical performance does not guarantee future results. Given the volatility of cryptocurrency markets, caution is advised when considering investments in SHIB or similar assets. The Shiba Inu team remains committed to advancing its ecosystem, with ongoing efforts to drive adoption and increase the token’s long-term value. Additionally, they are looking forward to the possibility of being included in the U.S. strategic crypto reserve , which if successful would further enhance the asset’s credibility and global recognition. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Shiba Inu Team Says SHIB Will Succeed appeared first on Times Tabloid .
