Shannon Bray, a prominent United States gubernatorial candidate in North Carolina’s upcoming elections, recently made a public declaration that conveys strong support for Shiba Inu (SHIB) despite the token’s poor market performances over the past few weeks.
Bray’s praise for Shiba Inu centered mainly on the token’s unique potential for regaining traction and attracting more users.
Read Also: One Wallet Burns Over 207 Million Shiba Inu Amid SHIB Price Fall
What Could Have Prompted Bray’s Statement?
Bray’s assertion was in response to a tweet from SHIB KNIGHT, a renowned influencer in the Shiba Inu community. The tweet read thus, “What #Memecoins are you buying?”
In response to SHIB KNIGHT’s question, Bray noted that Shiba Inu remains his token of choice, stressing that it would be difficult to see another coin that could attain Shiba Inu’s height of popularity.
Also, the U.S. gubernatorial candidate was confident about the possibility of potential investors joining the Shiba Inu project, mainly due to the influence of Robinhood, a popular trading platform.
Bray tweeted, “I get paid tomorrow, and I’m still buying $shib. Nothing else will ever regain that traction, and people will come back because of @RobinhoodComms. #shibarmy is the movement.”
I get paid tomorrow and I'm still buying $shib. Nothing else will ever regain that traction and people will come back because of @RobinhoodComms. #shibarmy is the movement.
— Shannon Bray 🪙 (@ShannonBrayNC) June 13, 2023
It is worth noting that Bray joined the SHIB army in 2021, after which he changed his profile on Twitter to reflect his interest in the Shiba Inu project.
What Bray’s Declaration Means For Shiba Inu (SHIB)
Being a renowned and respected figure, Bray’s public support for Shiba Inu would undoubtedly go a long way in propelling the coin ahead of other counterparts in the crypto space.
In addition, Bray’s public assertion invariably implies that the token still enjoys huge backing from reputable individuals, spewing hope for SHIB investors despite the ravaging bear market outlook.
Read Also: 4 Trillion SHIB Unstaked, Moved to Binance. Here’s its Significance on Shiba Inu Total Supply
How Has Shiba Inu Fared In the Crypto Market?
Per Shiba Inu’s data on CoinGecko, the coin is ranked significantly higher than most other meme coins. In comparison with PEPE, SHIB’s closest competitor, the dog-themed coin is worth over $4 billion in market capitalization, while PEPE could only boast a market share of $360 million.
In addition, platforms like Robinhood have proven to play crucial roles in promoting the accessibility of SHIB to a broader audience. Notably, Robinhood recently delisted some crypto projects like Solana and Cardano from its platform.
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