Shiba Inu and its Shibarium platform faced significant community dissatisfaction following a new marketing strategy, affecting user activity and trust.
Community Discontent
Shiba Inu's Shibarium has encountered community dissatisfaction due to its current marketing strategies. This sentiment arises amid a decline in on-chain activity, which has led to community concerns regarding the project's sustainability.
Market Response and Emerging Concerns
The recent marketing move has negatively impacted SHIB's price, resulting in a notable 7.7% weekly drop. Reported transaction counts in Shibarium have now fallen dramatically, raising questions about the financial sustainability and future viability of the Shiba Inu ecosystem.
Community Response and Developer Actions
Active discussions among community members emphasize the need for accountability and clear direction from project leadership. Confidence is shaken, and developers are taking steps, such as revising marketing approaches, to address concerns.
The Shiba Inu community is facing challenges due to Shibarium's marketing strategy, leading to decreased activity and requiring responsible actions from developers to restore trust.
