Cryptocurrency

Shiba Inu Team Sees SHIB Price Rising Higher this Bull Run

The Shiba Inu (SHIB) team has sparked excitement among its community members with a recent post on X, suggesting the potential for major growth during the current cryptocurrency bull run.

According to CoinMarketCap, the meme-inspired cryptocurrency has shown signs of recovery after the recent market pullback but is still down 8.24% in the last 24 hours, and 17.43% in the past week.

Read Also: Elon Musk Raises XRP and SHIB Armies’ Enthusiasm With His Recent Cryptic Post On X

The Shiba Inu team isn’t letting the price dip affect their morale as they posted a short video clip portraying the SHIB mascot in place of the iconic Batman symbol, along with the caption, “Not the hero we deserve, but the one we need.”

Shiba Inu Community Speculates on Meaning

The Shiba Inu community received the update enthusiastically, with many offering their interpretations of its cryptic message. Well-known community member, SHIBKIND, replying to the post, theorized that the clip might point to the imminent release of an upgraded version of the ShibaSwap decentralized exchange.

Another influential community member, LeonidasSHIB, connected the update to earlier comments from Shiba Inu lead developer Shytoshi Kusama, which hinted at the possibility of SHIB entering the ranks of the top five cryptocurrencies by market capitalization.

LeonidasSHIB stated, “Those who have been following the journey from the beginning recognize this as an inevitable reality. Our path ahead is paved with aspirations for greatness and a true reality of absolute dominance.”

Building Anticipation for the Future

Shiba Inu’s impressive performance earlier this month, with a near four-fold price surge to levels not seen since 2021, reinforces the expectation of a highly bullish market.

Leonidas predicts that SHIB will demonstrate even greater strength during the upcoming bull run. In his words, he said “The most exhilarating #bullrun is approaching. #SHIB is going to unveil a level of raw power never witnessed before.”

Read Also: As Shibarium Ignites Anticipation, Here’s the Required Amount To Make $500,000 At $0.001 or $0.01 SHIB Price

Based on SHIB’s past performance, investors are hopeful for more bullish price action. Some within the community, for example, believe SHIB could even overtake Dogecoin (DOGE) and reach a $100 billion market cap.

The Shiba Inu team’s recent post on X, while intriguing and open to multiple interpretations, has further fueled investor optimism for the cryptocurrency’s performance in the ongoing bull run.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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