The crypto world knows the SHIB team’s official marketing expert as @LucieSHIB. She used the X app to provide a couple of her own suggestions for future bear market moves, not just for SHIB but for all cryptocurrencies.
She offered potential opposing responses, seeming a little scornful while making many suggestions.
“Options to behave during a bear market, like now”
One way to act right now, according to Lucie, is to be upbeat, support other investors and holders as well as the developers of SHIB and other coins that one holds, watch the market without getting anxious, enjoy the “rollercoaster ride” or at the very least keep holding, and avoid focusing on the many negative things that are currently taking place. These were Lucie’s suggestions on how to maintain dignity and optimism.
According to Lucie’s X post, the alternative strategy for dealing with the present bear market, in which Bitcoin, SHIB, Dogecoin, and the majority of other cryptocurrencies are submerged in a sea of red, is to “spread toxicity and FUD” and to panic sell.
SHIB burn figures in red too
The SHIB burn rate is decreasing, yet the SHIB price is still below $0.0000076. The collective efforts of the Shiba Inu community over the past 24 hours have contributed to the overall disposal of 24,721,116 SHIB meme coins.
According to the Shibburn explorer, ten transactions have been made to dead blockchain addresses altogether, and the burn rate has decreased to -47%.
When a really large number of these coins are burned, or withdrawn from circulation, burns assist to lower the overall amount of coins that are in circulation on the market, making a coin more rare and increasing the likelihood that its price will increase in the future.
Over the last two days of this week, the burn rate has been low and negative.
