Shiba Inu's Shytoshi Kusama Endorses Shibarium as A Solution To $36 Trillion U.S Debt
Shiba Inu's lead developer, Shytoshi Kusama, has proposed Shibarium as a potential blockchain solution to address the United States' escalating $36 trillion debt.
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Shiba Inu's lead developer, Shytoshi Kusama, has proposed Shibarium as a potential blockchain solution to address the United States' escalating $36 trillion debt.
As the Trump administration's crypto executive order takes effect, expectations are rising for more Exchange-Traded Fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC) in 2025.
According to the data unveiled by the popular crypto tracker Shibburn, which monitors SHIB burn transactions, and then shares the details on its website and on its X account, over the past day, several million meme coins have been kicked out of the circulating supply.
Popular cryptocurrencies like Stellar (XLM) and Shiba Inu (SHIB) just got a new leg up in their adoption, with listings against Circle's major stablecoin USDC on Bitget's platform. The exchange is considered one of the big players in the crypto space, with daily trading volume of $2.68 billion and total assets of $5.9 billion, according to CoinMarketCap.
TL;DR Shytoshi Kusama steps down as Shiba Inu leader, transitioning to the role of lead ambassador to promote global adoption of Shiba Inu's technologies. Under Kusama's leadership, Shiba Inu evolved from a meme coin to a robust Web3 framework, developing key projects like ShibaSwap and Shibarium.
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Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have dropped sharply on Monday morning as Bitcoin dropped below $100,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3136 $46.4 billion -10.7% -17.2% Shiba Inu (CRYPTO: SHIB) $0.00001785 $10.5 billion -10.7% -16.4% Pepe (CRYPTO: PEPE) $0.00001252 $5.3 billion -16% -25.5% Trader Notes: Crypto trader Ali Martinez pointed to a buy signal for Dogecoin on the daily chart, anticipating a potential price rebound.
Dog-themed cryptocurrency Shiba Inu (SHIB) has tested a crucial support zone amid the ongoing sell-off on the market, which has seen $854 million wiped out in liquidations across various digital assets.
Data indicates that just 41% of holders of Shiba Inu are currently making money, while over 51% are holding at a loss, indicating that the company is going through a difficult time. This decrease in profitability may indicate that the asset may experience volatility in the future, as market sentiment becomes more pessimistic.
The Shiba Inu ecosystem is buzzing with anticipation as Shytoshi Kusama, its lead figure, hints at something big on the horizon. In a recent update, Shytoshi mentioned that preparations are in full swing for what is being described as groundbreaking news.
The cryptocurrency world was rocked by the unexpected resignation of Shytoshi Kusama, the prominent figurehead behind Shiba Inu. Under Kusama's guidance, Shiba Inu evolved from a meme coin into a multifaceted ecosystem, but his departure has left the market grappling with uncertainty.
SHIB is down by nearly 30% since its yearly peak.
Shiba Inu (SHIB) crashed by more than 11% in the past 24 hours, losing a crucial support zone between $0.0000185 and $0.0000212 and trades at $0.00001765.
Shytoshi Kusama, the well-known leader of the Shiba Inu project, has announced that he has stepped down as Shiba Inu Leader. After years of guiding the Shiba Inu ecosystem, Kusama revealed that he is stepping down as the lead visionary to take on a new role as the lead ambassador for Shiba Inu.
Shiba Inu's burn rate surged 856% with 6.27 million tokens destroyed, yet prices declined 10% to $0.00001796 amid broader market pressure ahead of the FOMC meeting.
Shiba Inu burn rate again surged by a remarkable 800% on Monday, sparking slight investor optimism despite the recent market slump ahead of FOMC. Roughly 6 million tokens were removed from the dog-themed meme coin's circulating supply in the past 24 hours.
Shytoshi Kusama stepped down from his role as the lead visionary of the Shiba Inu (CRYPTO: SHIB) ecosystem on Sunday, assuming a new role as the lead ambassador. What Happened: Kusama, whose real identity remains concealed, stated in an X post that the Shiba Inu project now needs execution and communication more than vision.
SHIB is down by double digits within the past 24 hours.
The memecoin industry, led by Dogecoin (DOGE) and Shiba Inu (SHIB), was heavily impacted in the past 24 hours as Bitcoin (BTC) slipped below $100k earlier on Monday. According to the latest market data, the memecoin's valuation slipped by 10 percent in the past 24 hours to hover about $99.
Shiba Inu (SHIB) and Dogecoin (DOGE) have dominated the market as memecoin trailblazers for years. They captivated investors with their speculative growth and vibrant communities. However, their momentum is wavering, leaving investors to seek alternatives that promise not just hype but substance. Enter RCO Finance (RCOF), a rising star in the crypto space.
Shiba Inu (SHIB) investors have shown significant movement in their holdings, with mid-sized investors, those holding between 0.1% and 1% of the total supply, leading the charge. Despite some price fluctuations and market uncertainties, these investors have accumulated a staggering 7.63 trillion SHIB tokens, pointing to an evolving trend in the SHIB community and the cryptocurrency market at large.
Shiba Inu price remained under pressure as it continued to underperform other popular meme coins. Shiba Inu (SHIB) dropped to the key support level at $0.000020, its lowest level since December 20.
The prices of the majority of the coins are going up today, according to CoinStats.
Cryptocurrency analysts of Coinidol.com report, the price of Shiba Inu (SHIB) has been holding steady above the support level of $0.00001950 despite falling below the moving average lines.