Shiba

2024

GameStop

Bitcoin

Shiba Inu

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<p lang="en-GB" xml:lang="en-GB">The Shiba Inu team’s social media expert, who is known within the community simply as Lucie, has issued a major <a href="https://u.today/crucial-shib-token-warning-issued-by-shiba-inu-team-details">statement to warn</a> the SHIB army. While making this warning, Lucie cited the “world’s greatest mind” in science — Albert Einstein.</p>
<p lang="en-GB" xml:lang="en-GB">Lucie’s tweet recommends SHIB fans and Shibarium developers to “stay away from negative people. They have a problem to every solution.”</p>
<blockquote>
 <p lang="und" dir="ltr" xml:lang="und"><a href="https://twitter.com/hashtag/Shibarmy?src=hash&amp;ref_src=twsrc%5Etfw">#Shibarmy</a> x <a href="https://twitter.com/hashtag/Shibarium?src=hash&amp;ref_src=twsrc%5Etfw">#Shibarium</a> <a href="https://t.co/NsoOM9DClP">pic.twitter.com/NsoOM9DClP</a></p>— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) <a href="https://twitter.com/LucieSHIB/status/1799170759195238630?ref_src=twsrc%5Etfw">June 7, 2024</a>
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<p lang="en-GB" xml:lang="en-GB">Recently, SHIB’s marketing lead Lucie and other team members have been frequently publishing various <a href="https://u.today/sharp-warning-to-shib-haters-issued-by-shiba-inu-team">important warnings</a> to the Shiba Inu global community. Those statements mainly chased one goal — to warn the SHIB army about the danger of crypto scams, including those that have emerged recently and are now targeting the community full of nascent and inexperienced investors.</p>
<h2 id="shib-burn-rate-s-sharp-drop">SHIB burn rate's sharp drop</h2>
<p lang="en-GB" xml:lang="en-GB">According to data shared by the <a href="https://www.shibburn.com/">Shibburn analytics platform</a>, over the last 24 hours, the SHIB community’s efforts on decreasing the circulating Shiba Inu supply have seen a sharp drop.</p>
<p lang="en-GB" xml:lang="en-GB">The data revealed by the platform shows that since last morning, the SHIB burn rate has seen a decline of 18.78%. Still, despite this negative reading, a total of 8,748,598 SHIB meme coins has been burned, i.e., transferred to unspendable blockchain wallets and locked there for good.</p>
<h2 id="shib-price-negative-performance">SHIB price negative performance</h2>
<p lang="en-GB" xml:lang="en-GB">On Friday, June 8, the second largest meme cryptocurrency by market capitalization size, SHIB, faced a sharp price decline of <a href="https://www.tradingview.com/symbols/SHIBUSDT/">close to 8.4%</a> printed by three consecutive red candles on the hourly chart.</p>
<p lang="en-GB" xml:lang="en-GB">This price drop followed similar negative price action of the world’s largest cryptocurrency Bitcoin as it plummeted by 3.7%, dropping from above the $71,650 level to the $69,030 zone. This BTC plunge was likely provoked by the poor GameStop earnings in the first quarter and the 39% GME price drop that followed. Besides, BTC was pushed down by the disappointing U.S. government’s employment report. At the time of this writing, Bitcoin is changing hands near the $69,350 level.</p>

SHIB Team Makes Major Einstein Warning: Details

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