Shiba Inu FUD Hits All-Time High – SHIB Team Makes Important Statement

10/18/2024 18:03
Shiba Inu FUD Hits All-Time High – SHIB Team Makes Important Statement

Shiba Inu representative has addressed the issue of increased FUD being sent against SHIB

Shiba Inu representative has addressed the issue of increased FUD being sent against SHIB

Shiba Inu FUD Hits All-Time High – SHIB Team Makes Important Statement

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The official SHIB marketing lead who uses pseudonym Lucie has published a tweet on her X account to discuss the issue of increased FUD (a popular acronym within the crypto community that means “fear, uncertainty, doubt”) aimed at the SHIB team and the Shiba Inu ecosystem. Per her tweet, the FUD against SHIB has reached an all-time high.

Lucie assured the SHIB army that the developers continue to work on everything that has been announced earlier by her and by the mysterious SHIB lead Shytoshi Kusama.

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Lucie’s statement on “FUD ATH”

Lucie took to X to say that she has noticed the FUD against Shiba Inu, its ecosystem and the developer team is “at an all-time high.” However, she insists that these negative and fake statements are being always spread by people who “barely invested in the Shib ecosystem and holding mostly other tokens.” Besides, she stated that they are “using Shib just to gain an audience, but never forgetting to say something negative.” This way, they strive to attract new holders, she believes.

If you follow the blockchain, it’s easy to see what Shib devs are actually working on. The FUD is at an all-time high, but when I check, it’s always the same people—those barely invested in the Shib ecosystem and holding mostly other tokens. Using Shib just to gain an audience,…

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) October 18, 2024

This is not the first time Lucie has spoken out against these “dirty practices” in the crypto space. This time, she also shared a foolproof way to increase the number of holders for a coin: transparency and real effort to build good products with a high utility.

“Transparency and real effort are what keep people around. Not trashing others,” she pointed out.

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Lucie teases the coming of SHIB DAO Foundation

In a tweet published on Thursday, the SHIB marketing lead teased the upcoming launch of the Shib Doggy DAO Foundation, which is going to be rolled out either at the end of 2024 or in 2025. Per her, it will mark “the next chapter for Shib State and setting the stage for a fully decentralized and autonomous future.”

Shib’s DAO and Foundation Are Coming Soon

The time is almost here. As we approach the 2024/2025 launch, the Shib ecosystem is on the verge of a transformative shift that will put power into the hands of real holders. ( !!! NOT X TROLLS or FUDDERS on telegram)

The introduction… pic.twitter.com/p6ufpQpSSB

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) October 17, 2024

DAO, Lucie wrote, stands for Decentralized Autonomous Organization and this is a system, in which holders of the key Shiba ecosystem tokens – SHIB, BONE, LEASH, and TREAT – are empowered to make decisions related to governance. This is a decentralized governance model that makes sure that in the future SHIB is run by long-term holders, believers and not “outside voices or short term hype.” They will be able to vote on every decision starting with SHIB community projects and ending with tech advancements.

About the author

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Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

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