Shiba Inu coin lead developer Shytoshi Kusama sparked discussions within the crypto panorama on Tuesday, slamming Litecoin (LTC) over its current identification change to meme coin. In a collection of posts on the social media platform X, the SHIB lead continually mirrored a way of dismay on the current change within the crypto’s identification. Notably, LTC rebranded itself as a meme-themed coin, primarily a stick determine with the letter ‘L’ as its head.
Shiba Inu Coin’s Shytoshi Kusama Takes A Dig At Litecoin
According to an X put up by Shytoshi Kusama on November 19, the lead developer expressed that he was not trying to get into “beef” with Litecoin this yr. However, the Shiba Inu coin lead states, “They’re forming the memevengers and I am starting to feel like Thanos.” Notably, pointing to LTC’s new stick determine, Kusama acknowledged, “take that L and stand down.” These statements, underscoring a way of dismay within the identification change saga, promptly gained important traction throughout the trade.
CoinGape Media reported that LTC claimed it identified as a meme coin earlier this month. Kusama’s slamming statements come within the aftermath of this chronicle. Notably, the Litecoin identification shift comes amid rising market curiosity within the top meme coins, as evidenced by the current rally of the main gamers within the house.
Meanwhile, in a reply to the lead developer’s digging remarks, the LTC group acknowledged, “What is this? 8th grade?” Nevertheless, the SHIB lead dev sarcastically replied, “Says the intern posting stick figures. Lol.” Altogether, these statements clearly level out that the dog-themed meme coin’s group stays gloomy on the abovementioned crypto identification change.
How Is The Meme Coin Performing?
SHIB price today showcased sideways buying and selling in current days, down almost 2% intraday to $0.00002508. The token’s intraday high and low had been registered as $0.00002415 and $0.00002578, respectively. However, the month-to-month chart for the crypto indicated good points value 33%. This broader rising motion underscores the top dog-themed meme coins’ potential amid a bullish market regardless of the current consolidation.
A current Shiba Inu coin price analysis by CoinGape Media indicated that the coin could mirror XRP’s surge in 2024, attributable to ecosystem progress, token burns, and bullish market developments driving investor optimism. Shibburn data on November 19 additional indicated the token’s burn price surged 938%, solidifying optimism on the coin’s long-term prospects.
On the opposite hand, Litecoin worth traded at $89.60 at press time, down 3% intraday. Its 24-hour low and peak had been $86.68 and $92.19, respectively.
Coingape Staff
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