• 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

a year 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

Fenwick West Settles for $54 Million Over FTX Allegations

chest

US law firm Fenwick West has agreed to pay $54 million to settle claims related to its legal services for the defunct crypto exchange FTX.

user avatarKenji Takahashi

The Legal Fallout from FTX's Collapse

chest

FTX collapsed in November 2022 due to mismanagement and fraud, leading to significant legal repercussions and the conviction of founder Sam Bankman-Fried.

user avatarDiego Alvarez

Potential ETF Inflows Could Boost XRP Price

chest

The CLARITY Act, pending a Senate vote, could lead to significant ETF inflows into XRP, estimated between 4 to 8 billion, potentially boosting its price.

user avatarMaria Fernandez

Ethereum Price Sees Major Reversal but Smart Money Remains Active

chest

Ethereum's price has reversed most of its gains from April, finding support just above $2,000, while smart money investors remain active in accumulating tokens despite market downturns.

user avatarGustavo Mendoza

Bitcoin Spot ETFs Face Record Withdrawals Amid Market Losses

chest

Bitcoin Spot ETFs faced significant net outflows totaling 126 billion last week, marking the heaviest withdrawals since January.

user avatarRajesh Kumar

Decline in XRP Whale Activity Signals Market Compression

chest

XRP whale activity has significantly decreased, indicating a potential market compression phase.

user avatarMiguel Rodriguez

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.