In February, the lead of Shiba Inu ignited a wave of excitement within the ShibArmy with a cryptic tweet. His message, “Confirming with the guys. Nice to meet you!”, left many followers curious about its significance at the time. Now Shytoshi Kusama has once again stirred discussions across various social media platforms with recent remarks about Shiba Inu’s standing compared to Dogecoin. Kusama’s statement asserting Shiba Inu as the “Dogecoin Killer” suggests the project’s ambition to challenge Dogecoin’s dominance in the meme coin niche.
Shytoshi Kusama’s post on X
During Shiba Inu’s price rally, Kusama took to X to discuss the project’s progress and prospects. Shiba Inu’s SHIB token saw a 172% increase in value over the previous week with an additional 19% rise at the beginning of this week.
Despite this substantial growth and the increasing market cap of SHIB, Kusama emphasized Shiba Inu’s humble beginnings, pointing toward the project’s achievements with limited budget and marketing efforts. However, Kusama hinted at a strategic shift suggesting that it’s time for Shiba Inu to showcase its full potential.
In a playful yet strategic manner, Kusama teased Dogecoin enthusiasts, indicating Shiba Inu’s intention to challenge Dogecoin’s market dominance. Referring to Shibarmy Kusama hinted at plans to strengthen Shiba Inu’s position in the market saying, “Still the Dogecoin killer. #SHIBARMY #SHIB”
Dogecoin and Shiba Inu have propelled
It’s not unusual for Kusama to tease the community with hints about exciting Shiba Inu surprises and developments, keeping everyone eagerly awaiting more. Earlier this year Shiba Inu announced a collaboration with D3, an official identity service provider, for the “Shibdentity” project set to launch in 2024. As the Shiba Inu project gets ready to introduce a whole bunch of cool stuff as the year goes on, the community is really excited.
The recent surge in Shiba Inu’s price has seen it reach $0.0000267 per token, its highest valuation since April 2022 with a market capitalization of $15.23 billion, as reported. However, it has since slightly dipped and is currently trading at $0.00002598. Meanwhile, Dogecoin has climbed to the 9th position by market cap, which currently stands at $23.2 billion. DOGE is currently trading at $0.1621 with a 17% jump seen in the last 24 hours as per data from CoinMarketCap.
