Shiba Inu Officially Posts About SHIB Hitting New All-Time High
. The Shiba Inu ecosystem team publishes a new X post relating to SHIB hitting a new all-time high (ATH).
October has not met investors’ expectations of massive rallies across various crypto assets like Shiba Inu (SHIB). This is due to several factors plaguing the financial market over the past few days, with the crypto sector taking up some of the heat.
In particular, factors such as growing long liquidations and rising geopolitical tension in the Middle East have dampened investors’ “Uptober” hopes.
Shiba Inu’s Performance in October
Like the rest of the crypto market, Shiba Inu has witnessed massive downturns since the beginning of this month. The top dog-themed token, which surged to a three-month high of $0.00002156 on September 27, has slumped 23.56% to $0.00001648 ever since.
Moreover, Shiba Inu is down 11.1% since the beginning of this month and 13.3% in the weekly charts. Nonetheless, several Shiba Inu community members remain confident in SHIB amid the downtrend, with belief that the asset can still register a new all-time high in the 2024/2025 market cycle.
Shiba Inu Tweets About New ATH
As this speculation gains momentum, Shiba Inu’s ecosystem team posted an open-minded message on X, asking proponents to reveal what they intend to do when SHIB hits a new ATH.
“When SHIB hits a new high, I’m going to _______,”Shiba Inu tweeted.
The message plays on the community’s expectations of SHIB reaching a new price peak, encouraging members to fill in the blanks on how they plan to react. According to the comment section, users’ reactions range from vacaying, retiring, increasing their investment in SHIB, and buying a Lamborghini.
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