Shiba Inu has experienced a 17% decline, following a strong performance in September.
Cryptocurrency influencer Lucie expressed bullish sentiment, hinting at a potential 1,000% surge.
Analysts support Lucie’s projection, noting the growing ecosystem and increased investor confidence.
Positive developments such as increased burn rate, integration of a liquid staking protocol, and heightened on-chain activities fuel investor confidence in Shiba Inu.