In an unprecedented flip of occasions, Shiba Inu lead developer Shytoshi Kusama has reacted as Billionaire entrepreneur and investor Mark Cuban lauded SHIB publicly. On Tuesday, the lead developer drew consideration to the dog-themed meme coin on X, sharing Mark’s submit highlighting why it’s amongst one of the vital distinguished gamers throughout the meme crypto sector.
As a consequence, crypto merchants and traders are once more bullish on one of many main dog-themed meme cash when it comes to market cap.
Shiba Inu Lead Reacts On Marc Cuban’s SHIB Comment
In an X submit dated January 21, Mark spotlights why meme cash like SHIB and Dogecoin have labored. Particularly within the wake of the group’s long-term prospects and a sustainable manner that advantages holders long run, the American billionaire lauds the Shytoshi Kusama-backed crypto mission.
Notably, Mark acknowledged, “It’s why Doge, Shibu Inu and only a few others have worked. It’s about the community long term.” Further, replying to this submit, Shiba Inu lead Shytoshi Kusama acknowledged, “Oh and it’s SHIBA INU.” Kusama again posted on X, including, “Why not align with us here at Shib,” calling out Mark. “Take a 10 minute call and see that it’s not just community but real technology that keeps us going,” he additional added.
Cuban Calls Out On New Meme Coins
Meanwhile, it’s noteworthy that these feedback on meme cash come towards the backdrop of broader discussions revolving across the newly launched TRUMP token. CoinGape reported that Mark Cuban slammed TRUMP coin‘s dynamics, undermining its credibility.
Further, Cuban stated in one other submit, “If meme coins are the way, maybe I’ll issue one. With a twist. Same terms as TRUMP.” This assertion has additional set off market discussions because the so-called twist will probably be that each one income from gross sales of the token will go to the U.S. Treasury, per Cuban. Nevertheless, the saga has altogether garnered important consideration towards the Shiba Inu coin.
SHIB Price Takes Heat
However, regardless of the latest remark from the Shiba Inu lead, the main meme coin’s worth dipped at this time. At the time of reporting, SHIB worth was down 6% intraday and is sitting at $0.00001979. The coin’s 24-hour high and low have been $0.00001968 and $0.00002194, respectively. Despite Mark Cuban’s appraisal, the meme coin waned towards the backdrop of the broader sector’s motion.
Nevertheless, market contributors proceed to eye Shiba Inu optimistically towards the backdrop of broader developments. CoinGape reported that lead developer Shyotshi Kusama claimed a “big week ahead” for the token’s group. This assertion has sparked speculations of looming developments for the meme token.
Also, a SHIB price analysis by CoinGape revealed that the token could possibly be hitting a brand new ATH, pushed by hovering market optimism amid Donald Trump’s inauguration. Crypto market contributors proceed to observe the meme coin for additional worth motion shifts.
Coingape Staff
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