Shytoshi Kusama, the main developer of Shiba Inu coin, has once more sparked excitement across the global cryptocurrency scene, predicting an impactful week ahead for the SHIB community. Through a sequence of tweets on Monday, the lead developer subtly suggested that significant progress for the wider ecosystem is imminent.
As an analyst, I’ve taken notice of Kusama’s statement, “Are you ready for memes with REAL utility.” This comment has sparked curiosity among market participants, hinting at possible advancements on the horizon. Additionally, further posts suggest that the tokenomics of the dog-themed meme coin could experience significant growth in the near future.
Shiba Inu Coin’s Shytoshi Kusama Causes Market Frenzy With Recent Comments
According to information provided earlier, a series of posts by the Shiba Inu coin leader on January 20th hinted at significant improvements coming to the wider SHIB ecosystem. The lead developer has suggested that “we’ll give it a few more days” before revealing how they will bring memes with real functionality into play, as stated by Kusama.
This statement suggests possible upcoming events related to the meme coin or its associated tokens such as BONE, LEASH, and TREAT. Previously, CoinGape Media had reported that the TREAT token was launched in January 2025, which significantly boosted market confidence for the meme token.
Shytoshi Kusama Hints at Big Developments
At the same time, the main developer of the cryptocurrency in a separate post seems to be taking action against extensive blockchain projects. “Nobody will ever claim that SOL surpasses ETH or any other Layer 2 solution,” Kusama declared, igniting debates within the market.
Additionally, Shytoshi Kusama stated, “This demonstrates that for urban or administrative expansion, a fresh approach needs to be developed.” This implies that the Shiba Inu digital currency system may undergo a significant update regarding its scalability capabilities.
In working on the “36 Chambers,” this point was also taken into account and rightfully so. So keep your eyes peeled for updates, Kusama mentioned. Given the developers’ promise of an exciting week, investors are eagerly awaiting new developments in the market.
How Is The Meme Coin Performing?
At the moment of reporting, the Shiba Inu coin has dropped approximately 6% in one day and is now being exchanged at around $0.00002092. Earlier today, its lowest and highest prices were $0.00001977 and $0.00002203 respectively. It’s worth mentioning that a recent analysis by CoinGape found that the bulls have been finding it hard to maintain the $0.000021 support level. Yet, crypto enthusiasts are eagerly waiting for a positive shift as the broader market anticipates further developments.
Simultaneously, it’s important to mention that BONE experienced a drop of 9%, bringing its current price down to $0.3742. Additionally, LEASH saw a decrease of 4.5% and is now trading at $233.11. In total, the tokens within the Shiba Inu coin ecosystem could potentially rise in value due to upcoming advancements.
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2025-01-20 10:44