• 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

Frax Governance Discusses Proposal for Early Redemptions from Locked Ethereum Pools

chest

Frax governance is discussing a proposal for early redemptions from locked Ethereum pools with a 4% penalty fee directed to the Frax treasury.

user avatarTomas Novak

Frax Governance Proposes Morpho Lending Market for bdUSD and frxUSD

chest

Frax governance is discussing a proposal to create a Morpho lending market for bdUSD and frxUSD to enhance stablecoin liquidity and borrowing demand.

user avatarKaterina Papadopoulou

EigenLayers Forum Engages in ELIP018 Proposal Discussion

chest

The EigenLayers forum is currently engaged in a debate over the draft proposal ELIP018, which introduces a framework known as RETIRE, aimed at providing a terminal exit route for restakers.

user avatarMaya Lundqvist

Uniswap Governance Explores Private Execution Path for Swaps

chest

Uniswap governance is discussing a proposal for an optional private execution path for swaps to enhance user privacy and reduce transaction information exposure.

user avatarLeo van der Veen

Kraken Introduces USDT0 Support on Tempo Network

chest

Kraken has introduced support for USDT0 deposits and withdrawals on the Tempo network, enhancing stablecoin liquidity movement.

user avatarLi Weicheng

Arbitrum Security Council Takes Action to Correct Delegated Voting Power Discrepancy

chest

The Arbitrum Security Council has initiated a nonemergency governance action to correct a discrepancy in the Delegated Voting Power of the ARB token contract.

user avatarAisha Farooq

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.