The Shiba Inu token is currently experiencing a 5.0% loss in the past 24 hours, along with the broader crypto market. However, the project's team remains confident in its long-term vision and ecosystem growth. The marketing lead, Lucie, emphasized the project's ambition to position itself as more than just a meme token and urged the community to stay confident. Shiba Inu has expanded its ecosystem with additional tokens, a metaverse project, and a Layer 2 blockchain. Despite the recent decline in price, technical indicators suggest potential for a recovery, and a strong buying wall and increased trading volume indicate ongoing investor interest. External economic and political conditions also continue to impact market movements. Nevertheless, the expanding ecosystem and strong community support indicate that investors still believe in Shiba Inu's long-term potential.



Other News from Today