SHIB Price Plunges By 20% as Shytoshi Kusama Teases a Big Announcement in a Cryptic 23-Second Video

Speculation grows over a new SHIB partnership or major ecosystem upgrade, while Kusama remain silent.

Shiba Inu (SHIB) lead developer Shytoshi Kusama teased a big announcement in a cryptic 23-second video on Monday. The video sparked speculation among SHIB holders about a new partnership or a major ecosystem upgrade.

Meanwhile, SHIB price experienced a 20% drop in a day, dropping to $0.000014 amid a broader crypto market downturn.

Shiba Inu (SHIB) price dropped by 20% in a day, falling to $0.000014 on Monday. The drop comes as the crypto market experiences a major downturn, with SHIB price down by 25% for the week.

However, Shiba Inu lead developer Shytoshi Kusama hinted at a big announcement in a mysterious video. The announcement has sparked excitement within the community about what could be next for the SHIB ecosystem.

Big Announcement in a Mysterious Video

In a recent post on Medium, Shytoshi Kusama shared a 23-second video that has grabbed the attention of SHIB holders. The video features interesting phrases like “something is shifting,” and “the key to the future is about to be unlocked.”

It suggests that a game-changing update is on the way, “Prepare Yourself, This Change Is Everything”, potentially impacting the entire crypto space.

The video ends with the words, “Something big is coming,” fueling further speculation.

When asked for details, Kusama replied with a zipper-mouth emoji, suggesting that while something big is in the works, the team is not yet ready to reveal it.

What Could Be Coming for SHIB?

While Kusama hasn’t revealed much, the teaser has sparked discussions within the community. Many believe the announcement could involve a new partnership, a major upgrade, or a groundbreaking innovation for the Shiba Inu ecosystem.

This comes just days after Kusama hinted at revealing a powerful partnership that could benefit all SHIB-related tokens, including BONE, LEASH, TREAT, and SHIB itself. This has led to high expectations, with the community eagerly waiting to see what’s in store.

Shib Price Plunge By 20%

In the meantime, the price of Shiba Inu has dropped by 20% over the past 24 hours. As of now, Shib is trading around $0.00001442 with a market cap of $8.4 billion.

The situation looks challenging, but there’s still hope for a turnaround. If SHIB can stabilize near its current price range, a rebound might be possible. Key levels to watch include the 50-day and 200-day moving averages at $0.000017 and $0.0000152 respectively.

If SHIB can break above these levels, it could signal a shift in momentum and bring some relief to investors.