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HomeCrypto NewsMarketShiba Inu Team Says It’s Not Over Until SHIB Wins, Calls for Calm as SHIB Dips

Shiba Inu Team Says It’s Not Over Until SHIB Wins, Calls for Calm as SHIB Dips

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The team behind the Shiba Inu project has released a fresh message to the community in the wake of the market crash over the weekend. 

In the past few days, the global crypto market suffered a devastating collapse driven by geopolitical tension in the Middle East. Specifically, the ongoing war between Iran and Israel took a surprising turn on Saturday following the United States’ involvement in the conflict. 

In a statement on Truth Social, President Donald Trump announced that U.S. forces destroyed three nuclear facilities in Iran. The attack came days after Ali Khamenei, the Supreme Leader of Iran, threatened to unleash irreparable damage against the U.S. if it involved itself in the war.

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As a result, many feared that the tension might escalate soon, leading to a massive sell-off across the crypto market. 

Shiba Inu Tanks to 16-month Low

The development impacted Shiba Inu, with its price plunging to a 16-month low of $0.00001010. The last time SHIB traded around this level was in February 2024. However, SHIB revisited the $0.00001010 mark following the escalation of the Middle East’s geopolitical tensions. 

Team Calls for Calm 

Reacting to the development, Shiba Inu’s marketing lead, Lucie, urged the community not to panic amid the bloodbath. The message urges investors to resist selling their tokens to cut losses, as the market will rebound in due time.

Furthermore, Lucie emphasized that the journey is not over until Shiba Inu triumphs. This subtly reminds investors to focus on Shiba Inu’s long-term prospects rather than reacting to short-term price swings. 

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Lucie Remains Confident 

Notably, Lucie regularly urges investors to remain calm during market downturns in addition to updating Shiba Inu community members about developments within the ecosystem.

The goal is to boost the community’s confidence in Shiba Inu while reinforcing the idea that a single downturn cannot determine the long-term value of SHIB.

According to Lucie, Shiba Inu is poised to reach remarkable price targets in the future. She shared this bullish outlook last year, suggesting that a $0.01 price target for SHIB is within the realm of possibility.

Interestingly, she subsequently hinted that SHIB might surpass the $0.01 level toward an ambitious target of $1. Despite the optimism, Lucie warned that the outlook is more long-term than short-term expectations.

In the meantime, SHIB is trading at $0.00001071, down 13.22% in the past week and 26.03% in the past month. 

Therefore, hitting the $0.01 and $1 targets, as predicted by Lucie, would result in demand growth of 93,270% and 9,336,968%, respectively, from the current price. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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