SHIB Price Dips 15% in Over a Week, but Team Points to Long-Term Utility as Key

SHIB team remains committed to long-term growth despite ongoing market downturns Declining SHIB burn rate raises concerns about future supply reduction efforts Technical indicators point to weak momentum as RSI nears oversold territory The Shiba Inu (SHIB) team is maintaining its optimistic outlook for the token’s potential to reach $0.01, even as the broader crypto market struggles. While SHIB currently trades around the $0.000012 mark, key team members continue to project confidence in the asset’s long-term value. The Team’s Vision: The Road to One Cent Lucie, the Shiba Inu team’s marketing lead and a vocal supporter, has been a strong voice for the $0.01 goal. A holder since 2021, she acknowledges that the journey won’t be quick but stresses the importance of long-term commitment. She says her optimism is based on the team’s ongoing development work within the Shiba Inu ecosystem. Related: SHIB Burn Explained: Everything to Know About Shiba Inu Coin Burning She points to the team’s focus on increasing SHIB’s utility as a key factor. Major projects like the Shibarium layer-2 network, the ShibaSwap decentralized exchange, and the Shiba Eterni… The post SHIB Price Dips 15% in Over a Week, but Team Points to Long-Term Utility as Key appeared first on Coin Edition .