Market Crashed Yet The Shiba Army Stood Strong And Showed The World That Shiba Inu is Here To Stay

(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

The Shib Army stood united as the market crashed ensuring the future of Shiba Inu is intact. In fact even though over five trillion Shiba Inu Tokens were dumped by whales the price was still able to rebound from .000009 back to .000012 in less than 24 hours. This is because the Shib Army stood strong and held onto what they know is a good investment into the future. Currently, the Market cap is once again above seven Billion Dollars. Holders of the Shiba Inu Token have increased as well now sitting at a mind-boggling 1,154,978. This only includes data from ETH wallets on the DEX and not CEX wallets like Coinbase, Crypto.com, and Binance as well as over 100 other Central Exchanges.

The Future Of Shiba Inu

The fact that the Shiba Inu Token ($SHIB) was able to endure throughout the market crash shows not just the Shiba Army, but holders abroad, that Shib is here to stay. When we couple this with the fact that the main pieces of the Shiba Inu Ecosystem are yet to be released this gives a “STONG BUY” vibe as can be seen on Coinbase.com with 73% of users purchasing Shiba Inu vs only 27% of users selling.

Mood: #ShibArmyStrong pic.twitter.com/GGKoKaJdNG

— MILKSHAKE (@shibainuart) May 11, 2022

So as new holders are added the effects of ETH whales dumping during a crisis will have a minimal effect. Shytoshi Kusama outlined in this medium the future of Shib progress which is very encouraging for investors. You can read the entire medium HERE

1. ShibaSwap : Completed! & will continue to evolve!
2. Shibarium : Our L2 Blockchain for Ethereum (utilizing $BONE ) is the back…bone of all the Shib projects that are in development and will offer a scaling and low-cost solution for a myriad of projects outside the realm of this article. Thanks to XFUND for working so hard with us on this project. Note: We are planning a Shibarium Hackathon that will help educate the community on Shibarium AND will reward teams with funds to build on Shibarium. Timeframe: Weeks to Months.
3. SHI: I’m happy that this project is also nearing completion. With it, Shib holders will have an incredible stable coin solution. Timeline: TBD Finishing development and going into testing soon.
4. Shibarium Financial Ecosystem (SHIBFE): This is paired with Shi Development.

So as a final note we want to thank everyone in the Shib Army for their belief in the Future of Shiba Inu.

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Congrats to all the fortunate
Ryoshi that got in $SHIB during
the #Cryptocurrency crash! 🔥 Welcome to #SHIBARMY! 🥂💗🥳

— 𝐋𝖆𝖉𝖞 🐦 𝐂𝖗𝖞𝖕𝖙𝖔 (@_Lady_Crypto_) May 13, 2022

From our perspective, this is going to be a good year for those who can get through the hard times in crypto as the market is already starting to recover. The future is bright and full of opportunities for the entire Shiba Inu Ecosystem!