Shiba Inu lead developer Shytoshi Kusama grabbed the market’s attention on Wednesday, highlighting the launch of a new coin. Notably, the lead developer posted on social media platform X, drawing attention to the new dog-themed piece SHIFU. This message in turn sparked remarkable intrigue around the upcoming coin, which is also supported by the developers behind SHIB.
Shiba Inu Lead Highlights New Coin Launch Meme
In a recent X post dated December 4, Shytoshi Kusama said “LFG”, referring to the coin SHIFU. Additionally, the Shiba Inu manager goes on to say, “Did someone say Airdrop? generate market curiosity across the sector.
In his article Davis states that SHIFU, the master of all, is a legitimate coin that would be the second greatest. meme crypto by market capitalizationShiba Inu.
Furthermore, the crypto enthusiast revealed that “there will be an insane airdrop for SHIB, BUBBLE, LEASH and IO NFT holders. Additionally, the snapshot process is expected to begin shortly thereafter, according to Davis. Overall, while Davis’ message gained traction in the market, Kusama’s message added more credibility to the upcoming coin project. Traders and investors are eagerly awaiting further news on SHIFU coins following their recent emergence as a topic of discussion in the market.
At the same time, broader sentiments regarding the new coin’s future movements also remain optimistic, given its growing popularity in recent days and Kusama’s spotlight on the token. On the other hand, it is also worth mentioning that SHIB continues to make a monumental move amid this bull cycle.
How does SHIB perform?
The Shiba Inu coin reflects a bullish trajectory alongside a bull run in the meme coin sector this fourth quarter. At press time, SHIB price gained almost 3% during the day to $0.00003037. Its 24-hour low and high were $0.00002714 and $0.00003068, respectively. Notably, the token’s weekly and monthly price charts showed gains worth 22% and 80%, respectively. This upward movement is part of a context of constant SHIB burns reported by CoinGape previously.
Moreover, with SHIB whales are growing their holdings, market sentiments have tilted further towards the bullish side. Meanwhile, as Shytoshi Kusama sheds light on the launch of SHIFU coin, market participants remain curious about future events.
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Disclaimer: Content presented may include the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.
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