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.