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Shiba Inu Team Hints 'Supercycle Can Start Any Day' – Here’s Why Meme Coin Risk Is Rising

Shiba Inu team warns of rising risks in meme coins as the supercycle approaches. Credit: EconoTimes

Wed, 09 Oct 2024, 08:51 am UTC

The Shiba Inu team’s marketing expert, Lucie, has urged the SHIB community to avoid gambling on risky new meme coins, citing an imminent supercycle and the rising dangers of sudden rug pulls. Instead, she emphasized the importance of supporting projects with real-world value.

SHIB Team Urges Caution Amid Supercycle Warnings

Lucie, who is an expert in social media marketing for Shiba Inu, has sent a message to the SHIB community. In the letter, she cautions the members of the community against "gambling" on new cryptocurrency tokens at this particular time.

Lucie is of the opinion that "it is a dangerous time to gamble" on new meme coins. She is of the opinion that the "supercycle can start any day," and as a result, one could "get rugged on the meme of the week."

She gave the members of the Shiba Inu community the advice, "Be wise."

Focus on Real-World Projects, Not Rug Pulls

In contrast to "random rug pulls promoted by the same group of people," the director of marketing for the SHIB team underlined the importance of projects that actually have a practical application. Around the course of her tweets, she expressed her desire to see "more legit developers with real-life goals" working to better the lives of people all around the world.

One of the instances that she provided was of a woman who might earn money by just playing F2P quizzes or other easy games in order to purchase diapers and other essential items for her infant child. According to U.Today, she also proposed the possibility of young people in faraway nations or regions gaining knowledge through the use of learning platforms that are driven by blockchain technology.

Crypto’s Potential to Improve Lives Globally

Lucie is of the opinion that crypto platforms have the potential to provide individuals who reside in regions of the world that are experiencing challenging economic conditions with the opportunity to find employment, earn income, or improve their life circumstances through the utilization of freelance work, decentralized finance, or skill-based platforms, all of which are powered by blockchain technology and cryptocurrencies.

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