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Cryptocurrency News Articles

Shiba Inu Community Buzzes Over Kusama's Enigmatic Post

Oct 09, 2024 at 11:02 pm

Shiba Inu, the beloved meme coin is reigniting community enthusiasm with its impressive rally. The token has surged by 33.5% in the past 30 days

Shiba Inu Community Buzzes Over Kusama's Enigmatic Post

Shiba Inu [SHIB], the dog-themed meme coin, has seen a remarkable rally of 33.5% over the last 30 days, breaking out of a bullish reversal pattern. This surge has ignited enthusiasm within the SHIB community, especially with rumors circulating about a possible Shiba Inu exchange-traded fund (ETF).

The token’s impressive performance and the anticipation of an ETF have created a buying frenzy among investors, reminiscent of Amazon Prime Day, where shoppers eagerly scour the online retail giant for exceptional deals.

Meanwhile, the cryptocurrency market has also seen some movement, with SHIB members speculating that the token’s rise may be influenced by the overall positive sentiment surrounding Bitcoin (BTC).

However, what has truly captivated the community’s attention is a cryptic post by Shytoshi Kusama, the lead developer of Shiba Inu, alluding to Japanese mythology and a renowned woodblock print. This has left many wondering about its implications for the future of the Shiba Inu ecosystem.

Shiba Inu Community Speculates on Kusama’s Cryptic Message

After the original creator of Shiba Inu, Ryoshi, stepped down from the project in 2022, Kusama, whose real identity is still unknown, took over the project lead role. His guidance has been crucial in shaping the project’s growth and development, instilling confidence among many SHIB investors.

Now, Kusama’s cryptic message has sparked rumors that he might be preparing to leave the project, much like Ryoshi did before him. While there is no substantial evidence to support these claims, the post has fueled speculation about a potentially significant change on the horizon.

Investors are eagerly awaiting further developments that could influence the price of SHIB as the Shiba Inu community continues to unravel the message hidden within Kusama’s post.

News source:www.tronweekly.com

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