Shiba Inu Marketing Strategy Backfires, Community Loses Faith in SHIB

Shiba Inu dog looking up at large question mark with small question marks in background
Source: Watcher.Guru

The Shiba Inu marketing strategy has completely backfired after the project’s official Shibarium account encouraged holders to spam cryptocurrency comment sections using AI tools, and this move has triggered widespread community backlash along with a dramatic market rank decline that pushed SHIB out of the top 30 cryptocurrencies by market cap right now.

Also Read: Shiba Inu Soaring: Veteran Investor Predicts 17x Move to $0.00023

How Spam Tactics Led to Community Backlash and Market Rank Drop

Shiba Inu Marketing Strategy Backfires
Source: StormGain

Desperate Shiba Inu Marketing Strategy Gets Exposed

The Shiba Inu marketing strategy reached new lows when Shibarium’s official X account openly urged followers to spam crypto comment sections with SHIB mentions, and they actually recommended using artificial intelligence tools for automated comment creation. This spam-based approach shows that the project can no longer generate organic interest, which is pretty concerning for any crypto project at this point.

The extremely embarrassing marketing approach apparently demonstrates that the project is no longer capable of generating organic interest, which is why it has been resorting to effectively begging followers for spam replies.

Shiba Inu Community Loses Faith Fast

The Shiba Inu community has expressed growing anger over the spam tactics and lack of ecosystem development right now. The project’s direction frustrates community members, and this backlash actually highlights how the failed marketing approach has damaged relationships with core supporters.

A community member responded to the controversial post:

“SHIB is already dead, and you are dead too”

Some users have also expressed frustration with the lack of ecosystem development, which adds another layer to the community’s disappointment.

Market Performance Gets Hit Hard by Marketing Failures

The Shiba Inu market rank has plummeted dramatically, and SHIB now sits outside the top 30 cryptocurrencies by market capitalization at the time of writing. This represents a massive fall from its 2021 peak when it briefly entered the top 10 and even managed to flip DOGE by market cap during the meme coin craze.

The Shiba Inu price decline has been absolutely catastrophic for early investors, who are now down 86% from the all-time high despite broader market growth. Back in 2021, the token briefly managed to enter the top 10, but those who invested at its peak are facing devastating losses after almost four years.

The second-biggest meme cryptocurrency is now smaller than Litecoin and Toncoin, which really shows how far it has fallen from its former glory days.

Also Read: Shiba Inu is Deflationary, Dogecoin is Not: Can SHIB Beat DOGE?

The current situation with Shiba Inu spam controversy demonstrates how desperate marketing tactics can actually destroy community trust and accelerate market decline, making this a cautionary tale for other cryptocurrency projects.