Shiba Inu lead developer Shytoshi Kusama captured noteworthy market consideration on Wednesday, highlighting a brand new meme coin launch. Notably, the lead developer posted on the social media platform X, bringing consideration to the brand new dog-themed coin SHIFU. This publish in flip sparked noteworthy intrigue surrounding the upcoming meme coin, which can also be backed by builders behind SHIB.
Shiba Inu Lead Highlights New Meme Coin Launch
In a latest X publish dated December 4, Shytoshi Kusama said, “LFG,” pointing to the SHIFU coin. Additional, the Shiba Inu lead goes on to say, “Did somebody say Airdrop?” setting off market curiosity throughout the broader trade.
In his X publish, Kusama reiterates a publish by prime market fanatic Lark Davis that spotlights the vitalities of the brand new meme coin. Davis states that SHIFU, the grasp of all, is a legit meme coin reportedly by the second largest meme crypto by market cap, Shiba Inu.
Additional, the crypto fanatic revealed that “there will probably be an insane airdrop to holders of SHIB, BUBBLE, LEASH, and the IO NFT. Additionally, the snapshot course of stays primed to begin shortly forward, per Davis. Total, whereas Davis’ publish gained vital traction throughout the market, Kusama’s publish added additional credibility to the upcoming meme coin undertaking. Trades and buyers keenly await additional SHIFU coin information within the wake of its latest emergence because the speak of the market.
Concurrently, broader sentiments over the brand new meme coin’s future actions additionally stay optimistic, given its burgeoning recognition in latest days and Kusama spotlighting the token. Then again, it’s additionally value mentioning that SHIB continues to mark a monumental stride amid this bull cycle.
How Is SHIB Performing?
The Shiba Inu coin mirrors a bullish trajectory alongside a meme coin sector bull run this This autumn. At press time, SHIB worth gained almost 3% intraday to achieve $0.00003037. Its 24-hour high and low had been $0.00002714 and $0.00003068, respectively. Notably, weekly and month-to-month worth charts for the token showcased positive aspects value 22% and 80%, respectively. This rising motion comes in opposition to the backdrop of fixed SHIB burns reported by CoinGape beforehand.
Additional, with SHIB whales amplifying their holdings, market sentiments have tilted additional towards the bullish aspect. In the meantime, with Shytoshi Kusama spotlighting the SHIFU coin launch, market individuals stay interested by future occasions.
Coingape Employees
CoinGape includes an skilled crew of native content material writers and editors working around the clock to cowl information globally and current information as a truth reasonably than an opinion. CoinGape writers and reporters contributed to this text.
Disclaimer: The offered content material could embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability on your private monetary loss.
✓ Share: