CandleFocus

SHIB Exec Teases Strategy to Address FUD

The Shiba Inu (SHIB) ecosystem is facing an increase in Fear, Uncertainty, and Doubt (FUD) as negative and misleading information is being spread on social media. Lucie, the official SHIB marketing lead, has identified and blocked 20 accounts that were created in either 2023 or 2024, suggesting that they were created with the intention to spread panic. Lucie speculates that the individuals behind these accounts could be responsible for a previous incident involving the theft of funds from the DAO. However, there is currently no concrete evidence to support this claim. Shiba Inu's price has dipped by 2.06% and is being impacted by broader market sentiment.

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