As a seasoned crypto investor with over three years under my belt, I can wholeheartedly agree with Shytoshi Kusama’s tweet about the rollercoaster ride that is cryptocurrency. When I first dipped my toes into this digital sea, it was like paddling a canoe on calm waters – promising, exciting, but also a bit naive. But after three years, navigating through the ever-changing tides of the crypto market has felt more like battling rapids in the mountains. The highs are exhilarating, the lows are testing, and the uncertainty is a constant companion.
Under the alias Shytoshi Kusama, the primary developer for the Shiba Inu project, shared a tweet that reflects the emotions typically experienced by newcomers to cryptocurrency at the outset and those who have been in the field for three years.
As a seasoned crypto investor, I recently came across a thoughtful post by a fellow enthusiast. It showcased two images: one of a man peacefully paddling a canoe on tranquil waters, symbolizing the initial foray into cryptocurrency (Day 1 in crypto). The second image depicted a man battling through white-water rapids in the mountains, representing the challenges we face after three years in this dynamic and ever-changing market. Kusama, being an influential figure in the crypto world, added his own insightful comment: “Accurate.” This resonated with me as it encapsulates the rollercoaster journey that is cryptocurrency investing.
Accurate
— Shytoshi Kusama™ (@ShytoshiKusama) December 9, 2024
In response to Shytoshi’s stance on this matter being correct, the SHIB group floods him with affirmative reactions and comments, totaling 98 responses as per the data from this tweet.
SHIB army burns 250 million coins in one go
According to U.Today’s report, over the weekend, an unidentified individual made heads turn in the Shiba Inu community by incinerating a substantial amount of Shiba Inu tokens. The exact number of meme coins destroyed was slightly above – about 273,823,767 SHIB. This act significantly boosted the burn rate by approximately 412%.
In one transaction, 250 million SHIB were moved to a wallet where they cannot be spent. A Twitter commentator, who goes by the handle @1cDream and is known for creating the CENT meme token, was identified as the one responsible for this large burn, according to a tweet posted by the Shibburn tracking service.
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2024-12-09 18:29