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Lucie, Shiba Inu’s marketing lead, has asserted that the Shiba Inu ecosystem could surge 1,000% in two or three days.
In a tweet on Wednesday, Lucie noted that the Shiba Inu ecosystem has the undeniable capability to grow extensively within a short period, teasing a 1,000% uptick in assets affiliated with brand.
The assertions came while she assured the Shiba Inu community that the recent price downturn would be short-lived. Lucie argued that temporary price consolidation of this nature should not scare holders, especially proponents of a “well-established ecosystem” like that of Shiba Inu.
Notably, Lucie’s post explaining the “irrelevant “choppy SHIB price came amidst a wider market correction. The recent sideways run has seen the 13th largest crypto asset by market cap depreciate 17% from the $0.00002133 high seen on September 28.
While she did not specifically mean the next two or three days, her statement aimed to demonstrate the fact that despite the ongoing price struggles, when the bull run fully kicks in, Shiba Inu ecosystem tokens could record massive spikes within a short period. SHIB previously recorded such a spike from Feb. 28 to March 5.
Price Outcome is Assets in the Shiba Inu Ecosystem
Putting Lucie’s assertions of a 1,000% uptick in the Shiba Inu ecosystem into perspective, let us consider the prices of Shiba Inu (SHIB), Doge Killer (LEASH), and Bone ShibaSwap (BONE) if they surge 10x.
At press time, SHIB changes hands at $0.00001758. A 1,000% surge will see the token hit $0.000193. It bears mentioning that the price mark is miles above SHIB’s all-time high of $0.00008845, attained in October 2021.
Furthermore, a 1,000% surge in BONE’s $0.4053 will push its price to $4.458. This means the asset will reach a market cap of $930 million and rank 72 among the top cryptocurrencies by market cap.
LEASH, which currently trades for $258, will trade at $2,844 if it records a similar 1,000% surge. Notably, its market cap could rally to $297 million should this occur, potentially placing it among the top 180 crypto assets by market cap.
1,00% Surge Possible?
Although lofty, some analyses back a possible 1,000% SHIB surge. Multiple speculators have tipped the meme coin to hit $0.00017 in the past.
Popular market pundit Emily Universe stated that SHIB had the potential to surge ten times its current price. She mentioned other tokens alongside the memecoin but didn’t provide specific reasons for her assertion. Technical analyst JD also speculated that Shiba Inu will surge 1,000% when the altcoin season begins.
Meanwhile, positive sentiments around the Shiba Inu ecosystem continue to surge significantly. Factors like an increased burn rate, a liquid staking protocol integration, and an uptick in on-chain activities have fueled investor confidence that the ecosystem’s assets will appreciate exponentially.