• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Shiba Inu's Shytoshi Kusama and His Plan to Propel SHIB into the Top 5

user avatar

by Giorgi Kostiuk

2 years ago


Shiba Inu's lead Shytoshi Kusama shared an AI-generated image illustrating his aspirations to elevate SHIB from its current top-15 position to higher levels without a large budget.

SHIB in the Top 5?

Shytoshi Kusama shared an image depicting a cluttered office scene symbolizing the challenges of working on improving the coin. In his tweet, he mentions the attempt to give utility to a memecoin and push it into the top 5 cryptocurrencies over five years. User reactions made it clear that Kusama views this as part of his aspirations and goals for SHIB.

SHIB Burn Rate Surges Over 24000%

The SHIB burn rate has dramatically increased over the past 24 hours, reaching over 24,000%. In total, 270,751,087 SHIB have been burned, marking a significant increase over previous rates. The largest burn transaction carried over 209 million SHIB.

A Larger Bull Run for SHIB Predicted

Lucie, Shiba Inu's marketing lead, suggested that the current market setup is reminiscent of 2020, potentially leading to a 'supercycle year' in 2025. She believes this could create conditions for a sharp price increase in SHIB, as seen in 2021.

SHIB continues to capture attention thanks to the active stance of its leader and the high expectations of the community, which may aid its advancement among the leading cryptocurrencies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin's RSI Signals Possible Market Recovery Amidst Investor Sentiment Decline

chest

Bitcoin's RSI has dropped to 21.8, indicating oversold conditions that may lead to a market recovery.

user avatarMaria Gutierrez

Record Institutional Selling in Bitcoin Market

chest

Institutional selling in the Bitcoin market has reached a new record, with massive entities shedding supply equal to 460% of the daily mining output.

user avatarDavid Robinson

CLARITY Act Faces Setback Due to Ethics Negotiations

chest

The CLARITY Act faces setbacks as bipartisan senators struggle with ethics language, delaying progress on the crypto market structure bill.

user avatarJacob Williams

Law Enforcement Concerns Hinder CLARITY Act Progress

chest

Law enforcement groups express concerns that the CLARITY Act could limit their ability to investigate and prosecute blockchain-related crimes.

user avatarAndrew Smith

Japan Strengthens Legal Framework for Yen-Backed Stablecoins

chest

Japan's authorities have amended the Payment Services Act to regulate yen-backed stablecoins, allowing only licensed entities to issue them, aiming to boost adoption and blockchain innovation.

user avatarZainab Kamara

Dormant Cardano ADA Wallets Awakening Amid Market Struggles

chest

Dormant Cardano ADA wallets are becoming active amid market struggles, but this has not yet led to a price increase.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.