Shiba Inu Team Drops Mysterious Tease: Something Big Is Coming

Source Bitcoinist

The development team at Shiba Inu is appealing for calm after the popular meme cryptocurrency is experiencing intense market pressure. The meme coin that is ranked second largest has lost 9% in value over the last week and has contributed to a 40% drop since January 2025.

Market Volatility Slams Crypto Assets Hard

Bitcoin’s recent drop to $74,000 has triggered a broader sell-off across cryptocurrency markets. The trend has reached the big guns like Ethereum and most altcoins. Shiba Inu, with its canine-themed branding and lighthearted tone, has not escaped the rollercoaster ride of the market. The meme coin is currently trading at $0.00001103 and has seen a 2% drop in the past 24 hours alone.

Shiba Inu Development Ongoing Behind The Scenes

Based on the latest post of Lucie, the Shiba Inu marketing representative, the team continues to work on development even in unfavorable market times. The subdued market sentiment, Lucie disclosed on X, has not deterred them from their development commitment.

She implied that fresh technology will be launched soon for the Shiba Inu ecosystem, indicating the team’s intent to develop actual utility over hype in the market. Although no details were given, Lucie suggested some of the future changes are “so big” they’ll take time to unfold.

Community Called On To Ignore Detractors And Look To Progress

The Shiba Inu marketing team is asking supporters to look past short-term price action and market negativity. As reported, Lucie emphasized that fear, uncertainty, and doubt “build nothing” and asked members of the community to instead pay attention to technological innovation and decentralized finance potential.

She positioned the current market struggles as temporary bumps that will not affect long-term growth and innovation in the ecosystem.

Ambitious Price Targets Set Despite Current Decline

Despite the recent decline, the Shiba Inu team remains bullish on price predictions. They have indicated that a greater than 12-fold rise to $0.0001833 is possible in the near term. Even further down the road, team members have not dismissed the idea of SHIB eventually reaching $0.01 per token.

The team also indicated new possibilities already open to users, including the recently introduced Karma system on Puppynet. This aspect monitors user engagement on the L2 network and offers rewards for participation.

The persistent market volatility is a challenge to cryptocurrencies in general, but Shiba Inu officials assert that developing good technology will survive short-term market slumps.

While macroeconomic headwinds continue to impact the overall financial environment, the team’s message to fans is centered on long-term development and not short-term price action.

Featured image from Gemini Imagen, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in MayEthereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
Author  Beincrypto
May 07, Wed
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
placeholder
Dogecoin’s Price Coils In A Key Bullish Chart Pattern, A Rebound On The Horizon?During the recent bullish market action in late April, Dogecoin witnessed a notable upward movement, rising to the $0.18 mark with robust momentum and volume.
Author  Bitcoinist
May 08, Thu
During the recent bullish market action in late April, Dogecoin witnessed a notable upward movement, rising to the $0.18 mark with robust momentum and volume.
placeholder
Ethereum Price Ready to Surge—$2,000 Level Could Be Within ReachEthereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Author  NewsBTC
May 08, Thu
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
placeholder
Sui Price Forecast: SUI bulls aim for 15% gains as open interest and bullish bets increase among tradersSui (SUI) price extends recent gains, soaring10% higher at the time of writing on Thursday and approaching its key resistance level at $3.65.
Author  FXStreet
May 08, Thu
Sui (SUI) price extends recent gains, soaring10% higher at the time of writing on Thursday and approaching its key resistance level at $3.65.
placeholder
Ethereum Price Explodes Past $2,200 with 25% Surge—Momentum Builds FastEthereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
Author  NewsBTC
May 09, Fri
Ethereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
goTop
quote