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Cryptocurrency News Articles

Shiba Inu (SHIB) Hints at Bullish Prospects in a Mysterious “Growvember” Post

Nov 02, 2024 at 09:26 am

Shiba Inu’s lead Shytoshi Kusama hinted at possible developments for SHIB this November, sparking speculation of new releases and staking rewards.

Shiba Inu’s lead developer Shytoshi Kusama has hinted at possible developments for SHIB this November in a mysterious “Growvember” post. The SHIB community is speculating on new releases and staking rewards as Kusama keeps details close to his chest.

Shiba Inu’s lead developer has taken to X, formerly known as Twitter, to share a message with the SHIB army, keeping them on high alert. In a cryptic post, Kusama mentions "Growvember" and keeping an eye on SHIB, hinting at something brewing for the beloved meme coin and its community.

The message, shared on X, might be referring to the upcoming month and the anticipation within the SHIB community for new developments. As the Bitcoin sector considers October to be a positive month, with some traders expecting the market to "grow" during this period, Kusama's "Growvember" GIF could be alluding to this anticipation for SHIB.

In another development, a fellow crypto enthusiast highlighted how TREAT, a Shibarium token, is among the top tokens on the ShibaSwap DEX. To this, Kusama had a one-word response: “Anime.”

Shiba Inu’s lead developer and Lucie, who handles marketing for the SHIB team, have repeatedly highlighted that the TREAT token is not yet available for purchase, urging the Shiba Inu community to be wary of any rumors regarding its trading on ShibaSwap.

As Shibarium nears completion and the community awaits the introduction of TREAT, Lucie has shared an update on the upcoming staking enhancement, which will be available on both the Shibarium and Ethereum chains. Users can expect to gain governance power, staking rewards, "exclusive benefits" and "market stability support" through this "more robust staking model."

With the community preparing for the TREAT release, Lucie has once again warned against scammers who may try to capitalize on the excitement, offering to facilitate investments in fake tokens. The community is advised to remain vigilant and rely solely on official announcements for accurate information on SHIB-related developments.

News source:tokenpost.com

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