Cryptocurrency

Shytoshi Kusama’s Recent Tweet Ignites Heated Responses from SHIB Army

A comment from Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, has sparked a surge of discourse and engagement among SHIB token holders. This surge stems from Kusama’s inclusion of Shibarium, the community’s dedicated layer-2 blockchain solution, in a CoinGecko poll.

CoinGecko, one of the largest crypto data aggregators, started a poll on X asking what chain the crypto community preferred trading on. The CoinGecko poll initially presented users with established options like Ethereum, Solana, Avalanche, and Bitcoin Ordinals/BRC-20.

Read Also: Shytoshi Kusama: Burns Can’t Solely Raise SHIB Value, Adoption Must Increase. Community Reacts

While Solana held the leading position, followed by Ethereum and BRC-20, Avalanche trailed behind. However, Shibarium was excluded, and Kusama inserted it in a reply to the original poll.

Kusama’s addition of Shibarium injected a new dimension into the discussion, prompting fervent support and enthusiasm from the Shiba Inu community. This action was perceived as a recognition of Shibarium’s growing significance within the crypto world, and its potential to compete with established players.

Shibarium’s Resounding Progress

Shibarium has been steadily carving its path within the blockchain sphere, achieving notable milestones and exceeding initial expectations. Nine days after its relaunch, Shibarium crossed 1.1 million transactions and 1.1 million wallets.

This milestone was a strong start for the layer-2 blockchain solution. Although Shibarium’s growth stalled shortly after, it has remained at the forefront of the Shiba Inu community.

SHIB’s growth is further evidenced by the influx of new projects choosing Shibarium as their foundation, alongside the continued development of existing initiatives within its ecosystem. Data from Shibariumscan.io places SHIB’s total completed transactions at 160.416 million, with 5.53 million transactions over the past 24 hours.

Read Also: Shiba Inu Core Developer Shytoshi Kusama Unveils Shibarium Upgraded Features

The SHIB army’s dedication is further reflected in the recent surge in the burn rate, a crucial metric for the community. After the first burns on Shibarium recently destroyed 8.24 billion SHIB, more massive burns are expected. These burns represent a collective effort and commitment to the project’s long-term success.

While Kusama’s X post may have been a simple act, it was an opportunity for the SHIB army to show their dedication to Shibarium.

Moving forward, the eyes of the blockchain world will undoubtedly be upon the Shiba Inu community and its ambitious endeavors.

With the reignited excitement caused by Kusama’s post, the community can now turn their eyes in anticipation of the major announcement that the SHIB lead developer recently promised.


Follow us on Twitter, Facebook, Telegram, and Google News

Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

Recent Posts

Buying This Dogecoin Killer Now Is Like Buying Shiba Inu Before 8,000% Surge In 2021, Analyst Says

An anonymous crypto analyst , renowned for his accurate predictions, has made a massive price…

24 minutes ago

Crypto Analyst’s Price Prediction Takes Community By Storm: XRP Price At $100 And Dogecoin At $55?

Price predictions are increasingly becoming an intrinsic feature in the crypto landscape, and a famous…

4 hours ago

Top Crypto ICO to Watch in 2024: Missed Ethereum? This New Viral Crypto Presale Could Be Your Next Chance

In 2014, Ethereum’s Initial Coin Offering (ICO) took the world of cryptocurrency by storm, raising…

6 hours ago

17 Trillion SHIB In 24 Hours: Here’s What Happened

Shiba Inu is experiencing a surge in market activity, capturing attention with approximately 17 trillion…

9 hours ago

Expert Expects SHIB Higher Time Frame Continuation, Calls SHIB Army to Buy the Dip

Crypto chartist CryptoAmsterdam recently advised Shiba Inu (SHIB) investors to view every price dip as…

10 hours ago

Ripple CTO Explains Investment Contract and Why SEC Is Wrong About XRP

David Schwartz, Ripple’s Chief Technology Officer, recently highlighted significant distinctions between contracts and “reasonable reliance,”…

11 hours ago