The crypto community is counting down the days until Bitcoin’s halving. Shiba Inu fans are also very excited, thanks to insider positivity and interesting market insights.
Lucie, a well-known member of the Shiba Inu team, recently got SHIB users excited by implying that a supercycle might be coming soon. Lucie made a strong case for bullish momentum in the Shiba Inu ecosystem by pointing out past market trends and the upcoming halving of Bitcoin.
Bitcoin’s Impending Surge
Lucie stressed that the current market cycle seems ready for a big rise by showing a chart that shows a pattern of bottoming and reaccumulation in previous cycles. Her research shows that the current phase of reaccumulation could lead to a long-lasting bull run that could last until 2024 or 2025.
Lucie reminded the Shiba Inu community to keep things in perspective amidst market changes and emphasized that SHIB could do very well after Bitcoin was cut in half. The shortage effect will lower the rate at which new Bitcoins are created, which will increase demand. SHIB could ride the wave of more investors’ interest and reach new heights.
The excitement around Bitcoin’s halving event, which, according to Oklink, is set to happen in just two days and thirteen hours, has made people in the crypto world feel hopeful. As investors get ready for possible changes in the market, SHIB stands out as one of the best-performing of the top 20 cryptocurrencies. Its value has grown by 4% in the last 24 hours, hitting $0.00002243.
BoneShibaSwap (BONE), Shibarium’s native gas token, has followed SHIB’s upward trend and gone up 4% to $0.594 in the same time frame. The fact that these gains happened at the same time adds to the idea that Bitcoin’s impending halving is driving a broader crypto rise.
