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 put up in flip sparked noteworthy intrigue surrounding the upcoming meme coin, which can be backed by builders behind SHIB.
Shiba Inu Lead Highlights New Meme Coin Launch
In a latest X put up dated December 4, Shytoshi Kusama said, “LFG,” pointing to the SHIFU coin. Further, the Shiba Inu lead goes on to say, “Did someone say Airdrop?” setting off market curiosity throughout the broader business.
In his X put up, Kusama reiterates a put up by high 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.
Further, the crypto fanatic revealed that “there will probably be an insane airdrop to holders of SHIB, BUBBLE, LEASH, and the IO NFT. Also, the snapshot course of stays primed to start shortly forward, per Davis. Overall, whereas Davis’ put up gained vital traction throughout the market, Kusama’s put up added additional credibility to the upcoming meme coin mission. Trades and buyers keenly await additional SHIFU coin information within the wake of its latest emergence because the speak of the market.
Simultaneously, 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. On the opposite hand, it’s additionally price 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 value gained almost 3% intraday to succeed in $0.00003037. Its 24-hour high and low had been $0.00002714 and $0.00003068, respectively. Notably, weekly and month-to-month value charts for the token showcased positive factors price 22% and 80%, respectively. This rising motion comes towards the backdrop of fixed SHIB burns reported by CoinGape beforehand.
Further, with SHIB whales amplifying their holdings, market sentiments have tilted additional towards the bullish aspect. Meanwhile, with Shytoshi Kusama spotlighting the SHIFU coin launch, market individuals stay interested in future occasions.
Coingape Staff
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