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Cryptocurrency News Articles

Shiba Inu Leader Shytoshi Kusama Gave a Cryptic Message for SHIB Coin!

Nov 17, 2024 at 12:03 am

As you follow from Kriptokoin.com, the market has entered a new wave of rallies. XRP, ADA and leading tokens broke their chains.

Shiba Inu Leader Shytoshi Kusama Gave a Cryptic Message for SHIB Coin!

The cryptocurrency market is showing strong rallies with the momentum it has gained. Many meme coins have seen explosive price increases. The popular meme coin Shiba Inu (SHIB Coin) has seen more modest gains. However, its time may have come. Shiba Inu leader Shytoshi Kusama gave a cryptic message to SHIB Army. There are rumors of a major partnership within the community. Amid these developments, an analyst points to strong rallies for SHIB Coin.

Shiba Inu leader gave a cryptic message for SHIB Coin!

As you follow from Kriptokoin.com, the market has entered a new wave of rallies. XRP, ADA and leading tokens broke their chains. Eyes never leave some meme coins. The crypto community is watching Shiba Inu leader Shytoshi Kusama. Kusama shared a post to draw SHIB Amy’s attention to the outbreak of the meme coin. Laconically and emotionally, he wrote ‘LFGOOOOO!!!!’. SHIB Army responded with a wave of enthusiastic comments. Many commentators expected meme coins to hit an all-time high now.

In the past week, SHIB Coin has recorded a huge increase, rising by 25.95%. The cryptocurrency reached a high of $0.00002595 at the peak of the green candle. Until now, after a small reversal, the token was changing hands at $0.00002426. Still, SHIB is trading almost 16% below its last peak of $0.00003046 on 12 November.

Kusama’s tweet left SHIB Army in suspense

In another recent tweet, Kusama made a reference to the Star Wars franchise by posting an animated GIF from an anime cartoon. The Shiba Inu leader said, ‘If we lived in a galaxy far, far away, in a time long ago, all I can say right now is: The Force is with us.’

One commentator asked Kusama if this was a hint of a new ‘internet breaking’ partnership to come, the Shiba Inu leader dodged the question. He also said the following, preferring to keep the community’s interest alive: ‘The higher up the chain of command I went, the less I learnt to talk.’

Shiba Inu continues upward trend

Market analyst Javon Marks is one of those advocating a bullish outlook for SHIB Coin. The analyst had previously identified bullish structures around Shiba Inu. At that time, Shiba Inu had reached the psychological price zone of $ 0.00002, rising to a price of $ 0.0000193. Now, a week later, SHIB has jumped 57% to $0.00002578. According to Marks, this bounce is just the beginning. There are also potentially more significant gains on the horizon. Marks’ latest analysis highlights significant developments on SHIB’s 6-day price chart that confirm his bullish projection. The market analyst’s chart identifies hidden bullish divergences in price action as price rallies upwards. These signals usually point to continued upward momentum with the potential for further gains.

Marks’ latest analysis suggests that the rally will not stop here. The analyst foresees a scenario where the Shiba Inu price rises above the $0.000081 target and reaches new highs of $0.0001553. If realized, this forecast would represent an increase of over 500% from its last price. Such a move would take SHIB to an all-time high. In addition, this price level would bring the SHIB market capitalization to $91 billion.

The opinions and forecasts in the article are those of the analyst and are not investment advice. As Kriptokoin.com, we strongly recommend that you do your own research before investing.

News source:kriptokoin.com

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