Shiba Inu's lead developer, Shytoshi Kusama, announced the launch of a new meme coin called SHIFU via the social media platform X. This announcement has generated curiosity regarding the new dog-themed coin supported by the developers behind SHIB.
New Meme Coin Announcement
On December 4, Kusama drew attention to the SHIFU coin with the phrase 'LFG'. He further piqued interest by asking, 'Did someone say airdrop?' Supporting Lark Davis’s post highlighting the significance of SHIFU, Kusama stated that SHIFU is backed by Shiba Inu, the second largest meme cryptocurrency.
SHIB Price Performance
Shiba Inu Coin continues its upward trend among meme coins in the fourth quarter. The price of SHIB rose by 3% daily to $0.00003037, reflecting gains of 22% and 80% over the week and month, respectively.
SHIFU Prospects
The increasing demand from SHIB investors and the imminent launch of the SHIFU coin positively influence market sentiment. Shytoshi Kusama’s support for SHIFU Coin enhances the project’s reliability, and the accumulation of tokens by SHIB whales further improves market perception, creating a favorable atmosphere for the meme coin sector.
The announcement of the new meme coin SHIFU could help Shiba Inu stand out positively once again and enrich the meme coin sector with new prospects.
