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Cryptocurrency News Articles

Shytoshi Kusama's 'Biggest Announcement Ever' Tease Triggers Rally In Shiba Inu Ecosystem Tokens

Jan 30, 2025 at 05:06 am

Shytoshi Kusama, the lead ambassador of the Shiba Inu (CRYPTO: SHIB) fraternity, said on Monday he was preparing to make the “biggest announcement” ever connected to the blockchain ecosystem.

Shytoshi Kusama's 'Biggest Announcement Ever' Tease Triggers Rally In Shiba Inu Ecosystem Tokens

Shytoshi Kusama, the lead ambassador of the Shiba Inu (CRYPTO: SHIB) fraternity, said on Monday he was preparing to make the “biggest announcement” ever connected to the blockchain ecosystem.

What Happened: Kusama took to X to tease the significant event, stating, “After some rest, I will focus back on Shib. Bone, Leash, and Treat as we gear up for the biggest announcement I’ve ever given.”

The Shiba Inu lead ambassador’s remarks come shortly after his transition from the Shiba Inu lead visionary role to the lead ambassador role. He stated that the Shiba Inu project now requires more execution and communication rather than vision.

Kusama’s announcement also triggered a rally in several tokens connected to the Shiba Inu ecosystem.

Shiba Inu TREAT (TREAT), a utility meme coin that provides rewards, governance, and liquidity, surged 100% over the last 24 hours. TREAT was trading at $0.0000007 at the time of writing.

Shiba Inu Doge Killer (LEASH), a pegged ERC-20 token with a total supply of 107,647. Bone ShibaSwap (CRYPTO: BONE), the governance token of the decentralized exchange ShibaSwap, also gained 7% and 11%, respectively.

However, the Solana (CRYPTO: SOL) -based token KIRA (CRYPTO: KIRAV2) plunged 72% over the last 24 hours, according to Dex Screener. As of this writing, it has a market capitalization of $6 million.

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