The head of marketing for Shiba Inu, Lucie, strongly criticized Elon Musk and his social media platform, X, due to serious security concerns such as death threats, stalking, and phishing attempts. Lucie highlighted the importance of user safety and pointed out the malicious practice of phishing on the platform.

Lucie from Shiba Inu Expresses Displeasure Towards Elon Musk

Lucie recently voiced her disapproval on X, criticizing the platform for allowing users to see public posts from accounts that had previously blocked them, without addressing significant security issues. She pointed out a contradiction where while X introduced a feature to unblock users, it seemed to ignore reports of hate speech, stalking, death threats, abuse, and phishing incidents.

Lucie stressed the need to prioritize security and safeguard users from harmful activities before making any changes. She shared a concerning fake Shiba Inu airdrop post on X that contained a phishing link, highlighting the platform's negligence in combating fraudulent content.

SHIB's Performance Amidst Turmoil

Despite the controversy, Shiba Inu saw significant gains amidst a broader market recovery. As of Saturday, May 4, the SHIB price surged by 7.78% to $0.00002536, holding a market capitalization of $14.94 billion. The trade volume for SHIB also rose by 35.07% to $823.89 million in the last 24 hours.

Additionally, the Shiba Inu burn rate increased by over 1,000%, with 29.11 million SHIB tokens burned, boosting investor confidence and potentially contributing to the recent rally.