Shiba Inu (SHIB) Emerges Strong Amid Crypto Downturn with Exciting Update

Vignesh Karunanidhi
Shiba Inu: Shibarium Achieves Another Remarkable Milestone in Just Two Days
Source: Analytics Insight

Meme cryptocurrency Shiba Inu [SHIB] has gained significant attention and popularity in recent years. The project has also made progress in terms of its utilities, although its price performance has been less favorable. Shiba Inu, however, stands out among the popular meme coins due to its notable development efforts and updates.

In one of her recent tweets, Shiba Inu ecosystem official Lucie mentioned that the team is building amidst the slumping bear market.

Lucie’s comment comes after Kusama’s recent hint

Lucie had earlier summarized some of the developments and updates that the Shiba Inu team is working on. The statement from Lucie comes at a time when SHIB lead developer Shytoshi Kusama hinted at a mystery product.

Kusama recently shared a message on Twitter that read, “Something physical is coming,” which generated various theories and speculations within the community. The tweet quickly gained attention and traction, capturing the interest of many.

Notably, Kusama was not the only one hinting at upcoming developments, as Lucie also joined in by sharing a tweet featuring an image that alluded to an upcoming physical release. The statement comes at a time when SHIB is not trading in its best shape. The second-largest meme coin has lost over 17% in the last seven days and is trading at $0.000006606.