Shiba Inu leader says “Elon Musk can’t pump Dogecoin”: an ugly truth about Dogecoin?

Lucie slammed all the Dogecoin supporters indirectly who use Elon Musk’s name as a dominant supportive factor for Dogecoin.

Dogecoin is a top popular meme cryptocurrency, thanks to Elon Musk. Because of Musk, Dogecoin grabbed popularity across the crypto & non-crypto sectors globally. Musk’s influence pumped the Dogecoin price to $0.5+ in 2021. Due to the popularity of Dogecoin, many other meme tokens took birth, including Shiba Inu ($SHIB) token.

On 16 Sep 2024, popular Shiba Inu token leader Lucie stated that the crypto market is currently heavily manipulated, and everyone is playing their own games. He mentioned that he still believes in an upcoming bull market.  

Lucie suggested people observe the ongoing politics in the crypto market, where no crypto exchanges are pumping coins, and not even Elon can pump Doge. He also noted that no new crypto traders have entered the market yet, and adoption is still lacking, which is a very bad sign for the pump in the trade price of these crypto assets.

Using these negative factors of the current market sentiments, Lucie encouraged people to support Shibarium and remain calm, as Shibarium blockchain developers are continuously working to improve the Shibarium ecosystem and make it more useful.

Lucie’s tweet indirectly implied that Elon Musk is now an irrelevant factor for Dogecoin, as the Dogecoin price has failed to pump despite Musk tweeting about Dogecoin multiple times this year.

In the response tweets, we can see that people are eagerly waiting for a significant rally in the trade prices of cryptocurrencies, and they are highly optimistic about Shiba Inu’s ecosystem and its multiple tokens.

Shiba Inu price action

At the time of publication of this report, the trade price of the SHIB token is $0.00001329, and this price is 27% down over the last 3-month period.

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