Shiba Inu is on the rebound after a sharp 13% decline, and marketing lead Lucie has issued a strong warning to the SHIB army. She calls for an end to FUD and urges holders to focus on the growing market demand driving SHIB’s movement.

Lucie Calls on SHIB Army to Stop Spreading FUD

The marketing whiz behind the Shiba Inu pseudonym, Lucie, has spoken to the SHIB army about the crypto market's present situation, the false positives (FUD), and insults (including threats against Shytoshi Kusama) that the team has been receiving from users lately.

The entire cryptocurrency community is waiting for "a shift in the mood," according to Lucie's tweet, and the market is still disappointing. The SHIB army, she pleaded, should end "the unnecessary insults and FUD." “The market is way bigger than any of us," remarked the marketing head from SHIB.

SHIB Price Depends on Market Demand, Says Lucie

“Actively building incredible tech” is what the Shiba Inu team is working on, Lucie told the SHIB troops. Even though the price of SHIB is still low, the executive from SHIB stated that it is "up to holders and demand." According to her, the market dictates the movement of Shiba Inu ecosystem tokens almost exclusively since demand is so essential.

Lucie pleaded with the community to desist from criticizing and threatening Shytoshi Kusama, the leader of SHIB. “Do you even understand how crypto works? Let’s focus on what truly matters,” she remarks.

Lucie Warns SHIB Community About Web3 Risks

Lucie cautioned the Shiba Inu community in the same X post, writing, "Also, a quick warning to stay safe on Web3." Users of cryptocurrency should exercise "extreme caution" while meeting new people online since they can be tempted to trust just anyone.

Although there are many exciting possibilities in the Bitcoin field, she cautioned that there are also significant risks. "So protect yourself and always be careful!" she emphasized.

SHIB Price Begins Rebound After 13% Drop

After plunging from $0.00001870 to the $0.00001625 level yesterday, the second largest meme cryptocurrency, SHIB, has started to recover from the huge 13.12% loss it encountered from October 7th till yesterday.

This time yesterday, SHIB printed a rebound of almost 5.4% and is now trading at $0.00001714, as reported by U.Today.

SHIB Burn Rate Declines as Scarcity Increases

Meanwhile, the daily SHIB burn rate dropped 52.16 percent on the last day, as recorded by the Shibburn tracker. In an effort to make Shiba Inu scarce over time, 1,200,480 SHIB meme currencies were destroyed or transferred to unspendable wallets. In principle, this ought to cause future prices to skyrocket.