Shiba Inu's marketing lead LUCIE has recently emphasized the token's market tenacity over the past two years, raising hopes for a significant price increase in the near future.

In an effort to inspire optimism, Shiba Inu's marketing head, LUCIE, recently shared a post on a popular platform, highlighting the token's remarkable resilience in the market over the past two years. This post, which was published during the token's recent price correction, gained significant attention from traders, sparking hope for a price rebound soon.

LUCIE's Positive Spin on SHIB Amidst Market Volatility

LUCIE's recent post underscores the fact that SHIB has maintained its position in the global market cap rankings for over two years, despite market skepticism and unfavorable trends. According to CoinMarketCap's data, SHIB ranks 11th in terms of global market cap, a fact that LUCIE also highlighted. This could potentially lead to an upward trend for the token, as LUCIE hinted in the post.

Moreover, SHIB's resilience is further reinforced by the support from bullish investors, which has helped to maintain its ranking in the market. LUCIE added that SHIB is not just a fleeting meme that will be discarded once a new trend emerges. Instead, it is a community-driven project with active participants working towards its development. This aligns with SHIB's remarkable resilience over the past two years, which has been demonstrated through its community's significant cryptographic initiatives and impressive token-burning sagas.

Additionally, LUCIE stated that the token's price is currently insignificant, given the notable correction witnessed before the BTC halving. This statement is primarily due to altcoins mirroring Bitcoin's price action before and after halving, with the BTC token currently experiencing pre-halving retracement.

SHIB Token Price Dips

At the time of writing, the Shiba Inu token has recorded a 2.97% decrease in the past 24 hours and is currently trading at $0.00002176. The token's correction over the past week has garnered significant attention from investors, with the price dropping by 22.60%.

Alongside this price correction, LUCIE's post has sparked speculation about an imminent pump for the token. Furthermore, historical data suggests that altcoins tend to follow Bitcoin's upsurge post-halving, adding to the optimism surrounding a potential rally for Shiba Inu in the near future.