Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 100679
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Moralis Money
Market Cap
24h Vol
13284
Cryptocurrencies
62.39%
Bitcoin Share
ZyCrypto 2025-01-22 21:25:21

Shiba Inu Will Win Over Critics Long Before Hitting $0.5 SHIB Price, Asserts Lead Developer

Shiba Inu Will Win Over Critics Long Before Hitting $0.5 SHIB Price, Asserts Lead Developer

Shiba Inu’s lead developer, Shytoshi Kusama, has sparked discussions across the crypto space after responding to a critic on Twitter who claimed the token must hit $0.50 to regain their attention. In a confident tweet on Friday, Kusama replied, “We will grab your attention way before then, fren.” The exchange began with Mickey, founder of Web3 marketing firm Arcadia, praising the Shiba Inu team. “I’ve spoken with Kusama and the Shib team. They are the gold standard for meme teams. Some of the stuff they will announce soon is genuinely groundbreaking and will shake up the space. I’m already seeing some rumors… Bravo,” Mickey tweeted . The critic’s skeptical comment prompted Kusama’s response, signaling the team’s intent to unveil transformative developments before the ambitious price target is ever reached. Notably, while a price of $0.50 remains a theoretical possibility, achieving it would be an extraordinary feat. From its current price of $0.0000231, SHIB would need to eliminate five zeros, marking an astronomical rise of over 2,200,000%. This would require a combination of significant supply reduction and unprecedented demand. Developers in the Shiba Inu ecosystem have previously acknowledged this challenge but remain optimistic, focusing on initiatives such as enhanced burn mechanisms and technological advancements to decrease the token’s supply and support its value. Shytoshi Kusama also addressed the Shib Army in a separate video on the same day, emphasizing their crucial role in the ecosystem’s evolution. He hinted at groundbreaking innovations aimed at creating an interconnected ecosystem that transcends the boundaries of traditional cryptocurrency projects. Earlier in the week, the pundit unveiled the “36 Chambers of Tech,” a comprehensive framework poised to redefine the Shiba Inu ecosystem. This ambitious initiative includes advancements in artificial intelligence, Web3 gaming, decentralized identity, Shibarium Layer 2 scaling, and multi-chain operations. These developments aim to drive innovation and foster sustainable growth for the token and its broader ecosystem. Notably, Shiba Inu recently introduced a new token, Treat, designed to enhance the utility of the project’s ecosystem. Kusama has consistently emphasized that increasing SHIB’s utility is the most effective strategy for reducing its massive supply. The adoption of Shibarium, Shiba Inu’s Layer 2 solution, is also playing a key role in the project’s growth. Analysts believe Shibarium’s scalability and reduced transaction costs will support the ecosystem’s expansion and utility, potentially driving demand for SHIB. That said, while Shiba Inu’s journey to $0.50 remains a distant goal, some analysts have set more attainable short-term targets. On Thursday, popular crypto analyst Javon Mark expressed optimism, stating, “ After confirming another Bull Pattern, $SHIB remains on our radar for a major continuation towards the larger target level at $0.000081. This target is currently over 258% away, so a continuation towards it can be huge ” SHIB was trading at $0.00002113 at press time, reflecting a 4.86% surge in the past 24 hours.

Most Read News

https://www.digistore24.com/redir/325658/ceobig/
Market Cap
24h Vol
62.39%
Bitcoin Share
88
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.