- ShibaInu faced a sharp drop due to rising geopolitical tensions but has begun to recover after reassurance from its team.
- Lucie from SHIB emphasized long-term commitment, urging holders to stay focused on the project’s vision despite short-term market shocks.
Global Tensions Shake the Crypto Market
Over the weekend, ShibaInu (SHIB) experienced a sharp dip in value as rising geopolitical tensions triggered a wave of uncertainty across global financial markets. The trigger came from former President Donald Trump’s announcement that U.S. forces had neutralized three nuclear facilities in Iran. This escalation in the Middle East rattled investor confidence, causing a swift crypto selloff—dragging assets like SHIB and XRP into deep red zones.
ShibaInu Community Urged to Stay Strong
Amidst the panic, Shiba Inu’s marketing and communications lead, Lucie (@LucieSHIB), issued a reassuring message to the community. She emphasized that the current price dip does not reflect the project’s long-term potential. Encouraging SHIB holders to hold firm, she declared, “If we haven’t won yet, it’s because it’s not over.”
This motivational stance was aimed at calming nerves and refocusing the community on SHIB’s strategic future, not short-term market noise.
SHIB Hits Multi-Month Low, But Recovery in Sight
The downturn saw SHIB hit $0.00001010—its lowest level since February 2024. However, the meme token has shown signs of recovery, now trading at $0.00001157. Despite a 2% decline for the week, the token is slowly regaining lost ground.
This slump highlights how even well-supported crypto projects can feel the pressure of global events, especially with compounding concerns like the recent $90 million crypto heist from Iran’s Nobitex exchange.
Eyes on the Long-Term Vision
Despite the turbulence, optimism surrounding ShibaInu remains intact. Lucie has long teased the possibility of SHIB reaching as high as $0.01—or even $1—in the future. While these figures are aspirational, they reflect the team’s vision and belief in SHIB’s long-term trajectory.
With the community reassured and development ongoing, SHIB supporters are reminded that every dip is just another step in the journey. As the team puts it: “It’s not over until SHIB wins.”
