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Shiba Inu (SHIB) Price Jumps 4% as Lead Dev Shytoshi Kusama Announces He Will Pass Control of the Project to the Community

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Release: 2024-08-22 03:28:10
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Shiba Inu, the second-largest meme coin by market cap, saw its price go up by 4% in the last 24 hours as the new bullish wave swept through the crypto market.

Shiba Inu (SHIB) Price Jumps 4% as Lead Dev Shytoshi Kusama Announces He Will Pass Control of the Project to the Community

Shiba Inu (SHIB) price went up by 4% in the last 24 hours as the new bullish wave swept through the crypto market.

However, while the market-wide rally is partially responsible for the token’s price surge, another reason why SHIB price went up is the fact that its lead developer, Shytoshi Kusama, recently announced that he will pass control of the project to its community by the end of the year.

The lead dev recently appeared in the latest episode of the AB Majlis podcast where he said that the idea is to make Shiba Inu more decentralized, which was always the original intention, dating back to the project’s founder, Ryoshi.

In response, SHIB saw a massive surge in volume and the mentioned 4% increase in price which brought it to the value of $0.00001391 earlier today. Since then, the token saw a slight recovery to its current price of $0.0000136, as the bullish wave already started weakening. Even so, the next few months will be exciting for Shiba Inu.

Meanwhile, the project’s volatility is preventing many from buying its tokens right now, as there is an increased risk of losses whenever the prices see high fluctuations. This is why many are turning to the newest Shiba Inu-inspired alternative known as Shiba Shootout (SHIBASHOOT).

$SHIBASHOOT — THE BEST SHIBA INU ALTERNATIVE

$SHIBASHOOT ICO is about to hit a major milestone

Shiba Shootout is a new Shiba Inu-inspired meme coin that places the legendary dog entity in the Wild West setting. More than that, the project even created its own game, where the player gets to engage in duels with other sharpshooters.

The game, Shiba Sharpshooter, is available for Android and iOS alike, and while it is quite fun to play even now, it will be even more rewarding once the project releases its Web3 upgrade. This will turn the game into a P2E game, allowing users to win SHIBASHOOT tokens whenever they win a duel, so getting it early on and practicing your sharpshooting skills might be a good idea.

In the meantime, you can also join the project’s presale and buy SHIBASHOOT tokens for only $0.0199 apiece. The ICO already raised $988k, and it is just about to hit its first million. After this, many expect the whales to join the presale as well, and boost the demand, which will reflect on its price when the token goes live.

Shiba Inu, the second-largest meme coin by market cap, saw its price go up by 4% in the last 24 hours as the new bullish wave swept through the crypto market.

However, while the market-wide rally is partially responsible for the token’s price surge, another reason why SHIB price went up is the fact that its lead developer, Shytoshi Kusama, recently announced that he will pass control of the project to its community by the end of the year.

The lead dev recently appeared in the latest episode of the AB Majlis podcast where he said that the idea is to make Shiba Inu more decentralized, which was always the original intention, dating back to the project’s founder, Ryoshi.

In response, SHIB saw a massive surge in volume and the mentioned 4% increase in price which brought it to the value of $0.00001391 earlier today. Since then, the token saw a slight recovery to its current price of $0.0000136, as the bullish wave already started weakening. Even so, the next few months will be exciting for Shiba Inu.

Meanwhile, the project’s volatility is preventing many from buying its tokens right now, as there is an increased risk of losses whenever the prices see high fluctuations. This is why many are turning to the newest Shiba Inu-inspired alternative known as Shiba Shootout (SHIBASHOOT).

$SHIBASHOOT — THE BEST SHIBA INU ALTERNATIVE

$SHIBASHOOT ICO is about to hit a major milestone

Shiba Shootout is a new Shiba Inu-inspired meme coin that places the legendary dog entity in the Wild West setting. More than that, the project even created its own game, where the player gets to engage in duels with other sharpshooters.

The game, Shiba Sharpshooter, is available for Android and iOS alike, and while it is quite fun to play even now, it will be even more rewarding once the project releases its Web3 upgrade. This will turn the game into a P2E game, allowing users to win SHIBASHOOT tokens whenever they win a duel, so getting it early on and practicing your sharpshooting skills might be a good idea.

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