Top Influencer Says Shiba Inu Ecosystem Gearing Up To Kickstart Next Bull Run

The Shiba Inu marketing connoisseur speculates that SHIB would catalyze the next crypto market bull run, citing the recent developments in the project ecosystem. 

The Shiba Inu ecosystem has recorded many positive developments in recent months. This ushered in the current high investor interest in SHIB and the asset’s surging social dominance. 

Lucie dropped a hot take on Shiba Inu last Tuesday, citing these and many other bullish metrics. In particular, she expressed confidence about SHIB’s role in the anticipated crypto bull market. 

Notably, investors eagerly await the green days amid a prolonged bear market. But Bitcoin (BTC), Ethereum (ETH), and other large-cap assets have remained low, staging no triggering performances. 

However, Lucie believes the Shiba Inu ecosystem could put the overall market in a bullish season. According to the SHIB marketing specialist and prominent community influencer, “Shiba Ecosystem is gearing up to kickstart the bull run.” 

Hey #Shibarmy, exciting news ahead! ?

? My gut feeling tells me that the Shiba Ecosystem is gearing up to kickstart the bull run! ??

Let's stay positive and supportive during this #SummerofShibarium, and witness some incredible moments together! ?? $BONE $SHIB $LEASH… pic.twitter.com/CYQ7vo7cds

— ????? | Summer of Shibarium (@LucieSHIB) August 8, 2023

Notably, this viewpoint syncs with the opinions previously shared by various fintech specialists. As published, two prominent CEOs submitted that Shiba Inu could rally by over 116,000% post-Shibarium launch. 

Can SHIB Trigger A Market Bull Run?

Whether the Shiba Inu ecosystem can trigger a market-wide bull run remains to be seen. However, SHIB and BONE have been performing outstandingly in the past weeks. Accordingly, Lucie implied that investor interest could be heightened if SHIB’s impressive performance is sustained. 

Only SHIB has seen a double-digit gain among the top large-cap crypto projects in the last seven days. At press time, the canine-themed token is up over 20% over the past week. Meanwhile, BTC and ETH prices have seen declines in the same timeframe. 

Moreover, SHIB has appreciated over 27% and 50% in the last 30 and 60 days. The bullish sentiment around the asset remains intact, increasing by 10% in the last 24 hours. 

Developments in the Shiba Inu Ecosystem

In light of Lucie’s presumption, she urged the ShibArmy to stay positive and supportive as the Summer of Shibarium lingers. 

For the uninitiated, the Summer of Shibarium encompasses a campaign filled with ecosystem developments leading to the much-awaited mainnet launch of the Shiba Inu L2 project, Shibarium. 

As stated by the project lead developer Shytoshi Kusama, several thrilling releases have been introduced, paving the way for Shibarium. 

Recall that the team rolled out the Shibarium Beta Bridge for public testing last week. This was closely followed by the unveiling of a cutting-edge initiative for incorporating digital IDs into projects within the ecosystem. 

As reported by The Crypto Basic, this revolutionary initiative dubbed Self-Sovereign Identity (SSI) holds several benefits for the Shiba Inu ecosystem. Other upcoming projects expected to land in the Shiba Inu ecosystem soon include Shibaswap 2.0, SHI stablecoin, and TREAT token.