Shiba Inu coin lead developer Shytoshi Kusama nabbed substantial investor attention with his bullish statements surrounding SHIB on Wednesday. The lead developer primarily revealed how the dog-themed meme coin outperforms Bitcoin (BTC), sparking market discussions. Notably, in light of Kusama’s bullish statements, market watchers anticipate whether the meme coin could see 300% gains ahead.
Shytoshi Kusama Spotlights Lifetime Gains For Shiba Inu Coin
In a riveting turn of events, Shytoshi Kusama lauded SHIB over Bitcoin on October 30. Among the ‘best-performing assets’ in the last decade, Bitcoin saw nearly 569,000% gains, Kusama took a contrary stand.
According to the lead developer, Shiba Inu coin’s current lifetime gains to date totaled 33,774,726%. This landmark surge outshines that of BTC, given the renowned dog-themed meme coin was launched only 4 years ago in August 2020. Further, the lead developer added, “We still have far to go and much work to be done to get the Ecosystem the respect it deserves and Treats out to the pack.” This statement has hinted at the meme token’s potential to gain further ahead.
Meanwhile, Kusama also undermined gains for other tokens, such as DOGE, SOL, and BNB, in another post on X. Overall, this chronicle has brought substantial attention toward Shiba Inu as the token currently rides bullish waves in the crypto market.
SHIB Price Eyes 300% Gains?
The meme coin currently showcases bullish market dynamics, projecting investor optimism on future movements. At press time, SHIB price surged nearly 5% intraday and traded at $0.00001909. The coin’s 24-hour low and high were recorded as $0.00001817 and $0.00001973, respectively. Notably, the token’s 24-hour trading volume witnessed a 32% increase to $716.07 million.
Further, a recent CoinGape media report revealed that Shiba Inu coin whale transactions surged phenomenally amid a bullish meme coin market, pouring additional investor enthusiasm over the coin’s future run.
Also, a SHIB price analysis by CoinGape Media indicated that the coin eyes a 300% rally ahead as major drops in price are over. Altogether, recent market events have garnered significant market optimism toward the meme crypto’s future run.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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