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Lucie from Shiba Inu predicts tough times for cryptos by 2026. Will SHIB survive the test?
Lucie Predicts Tough Times for Cryptos
Lucie, the Shiba Inu developer team's pseudonymous social media marketing lead, has spoken out about her thoughts on the future of cryptocurrencies and why she doesn't think every one of the thousands of cryptocurrencies out there will be around by 2026, U.Today shares.
Cryptocurrencies, according to Lucie, will be around for a long time because of these considerations. In two years, she conceded, memes might not be as significant as they are now.
SHIB Executive Foresees Survival Challenges
The title of Lucie's X post was "Survival of the Fittest: Let’s See Who's Still Around in 2026."
According to the SHIB executive, there are a number of critical factors that could guarantee a cryptocurrency's survival through the present economic and market turmoil and into the year 2026.
A cryptocurrency needs a solid team behind it and practical uses in the real world for it to be considered.
There are a lot of cryptocurrencies doing well right now because memes are so popular, she said, but that won't be the case for much longer.
Necessity of a Dedicated Community
According to Lucie, a "genuine community, not just parasites hopping from one token to another every two weeks," is another crucial aspect in this regard. She argued that cryptocurrencies require ardent backers who will not sell their holdings for the sake of a new, better meme currency.
"Instead of building solid foundations, people are just launching tokens," Lucie summed thus far. According to her, those tokens aren't supported by anything substantial or genuine.
Significant Drop in SHIB Burn Rate
Shibburn, a cryptocurrency tracker that keeps tabs on Shiba Inu burns, reports that in the past day, the SHIB community has managed to get rid of 10,387,492 SHIB meme coins. But compared to Friday's destruction of 96,634,993 SHIB, that's almost nine times fewer coins.
As a result of the significantly reduced quantity of SHIB in circulation today, the daily burn rate dropped to -89.23%, down from a staggering 139,103.99% in green on Friday.
