Highlights
A new post from Shiba Inu’s pseudonymous developer Shytoshi Kusama has triggered exciting engagements from members of the SHIBArmy.
In the spirit of Valentine’s Day which is only a few days away, Kusama stated that single Shiboshi is looking for new love. Notably, Shiboshis are Non-Fungible Tokens native to the Shiba Inu ecosystem.
“Is there any other Shiboshis out there looking forward to Valentines Day? He asked.
The X post received more than 250 comments in less than 2 hours after it was published. Amongst these responses are several images of different animations, sparking a meme fest in a way that suggests many meme coins might be birthed as this year’s Valentine’s Day draws closer. Such reaction and engagement are not unexpected or far-fetched, especially when the post of interest is from Kusuma.
Notably, the core developer is known to always put out updates or upgrades in the Shiba Inu ecosystem through his X account. Some of this information is direct and oftentimes, they are rather cryptic thereby holding a deeper meaning.
Last month, Kusama announced that the SHIB community had embarked on curating a “network state” to revolutionize Web2 and Web3 reinforcement collectively. Kusama went on to say that the Shiba Inu crypto community is functioning alongside D3 Inc, a domain company, to invade the internet by applying for a “.SHIB” TLD (Top Level Domain).
In December, he also hinted at a new partnership for the Shiba Inu ecosystem. Particularly, this update came when he talked about the capacity of SHIB to revolutionize itself within the broader crypto market. Oftentimes, when such updates are made public, they spark either a negative movement or a positive sentiment for the native token of the protocol.
Amidst all the talks about Valentine and Shiboshi, Shiba Inu’s price has had a significant uptick as the memecoin is trading at $0.000009591 with a 2.51% increase within the past 24 hours.
Shiba Inu has been demonstrating positive signals for quite some time. A recent surge of 130% in the Burn rate pushed the price of the token toward a new high weekly.
“This breakout, supported by bullish candle formations, underscores a growing optimism among investors for further gains. Should the upward trend continue, SHIB’s price is poised to climb to $0.00000986 and potentially reach $0.0000105, marking a potential increase of 12%,” the protocol explained.
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