Shiba Inu (SHIB), a popular meme token, has seen a surge in accumulation activity lately. This trend coincides with comments from prominent community figure Del Crxpto (@DelCrxpto), who suggests undisclosed developments could be on the horizon for the Shiba Inu ecosystem.
In a recent post, Del Crxpto hinted at his knowledge of plans for SHIB. While declining to reveal specifics, he emphasized his belief in the token’s potential. This sentiment has translated into action, with Del Crxpto revealing his ongoing accumulation of SHIB tokens.
Read Also: Crypto Analyst: Next Bull Run Will Return Shiba Inu (SHIB) to Top 5 and XRP to Top 3
The One-Cent Dream
This strategy aligns with the broader trend within the Shiba Inu community. Many enthusiasts, inspired by the “one-cent dream” – a vision of SHIB reaching a price of $0.01 – have been steadily increasing their holdings. On-chain data from Santiment supports this observation, indicating a continuous rise in addresses holding between 10,000 and 10 million SHIB since March.
Discussions within the Shiba Inu community have also centered around the role of Shiba Inu’s lead developer, Shytoshi Kusama, in achieving the one-cent dream. While Kusama has maintained a low profile in recent weeks, Del Crxpto urges patience.
Del Crxpto called out the traders directing their frustration toward Kusama in a different post. He suggests that concerns about Kusama’s silence likely stem from new community members or those unfamiliar with his working style. Kusama’s record, according to Del Crxpto, demonstrates a keen ability to identify opportune launch moments within market cycles.
I know the future, I know what’s coming for $SHIB …
I will not share this information, as I do not want to tarnish my $SHIB relationships.
However, I will tell you this:
I am accumulating $SHIB.
— Del Crxpto (@DelCrxpto) May 5, 2024
Kusama’s Leadership and SHIB’s Future
Del Crxpto emphasizes that Kusama’s past successes and current strategic silence inspire confidence in the SHIB Army. He highlights Kusama’s proven track record in strategically timing project announcements to maximize impact.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Read Also: As Shiba Inu Escapes Ethereum Congestion, Expert Says Next Bull Run Would Send SHIB to $0.01
SHIB is trading at 0.00002416, down 2.20% over the past 24 hours and 11.4% over the past month. Reaching $0.01 would require a substantial 41,290.7% price increase, potentially taking years to achieve. However, the ongoing accumulation by community members and the promise of future developments suggest continued optimism for SHIB’s trajectory.
A Shiba Inu team member has also shared her confidence that the meme coin can reach $0.01. Despite the hurdles, SHIB has experienced significant surges in the past, and the meme coin has shown its potential for massive rallies. It might only be a matter of time before one of SHIB’s rallies sends it to the coveted $0.01 target.
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