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Shiba Inu SHIB Small

Shiba Inu Lead Dev Returns To Share Update About SHIB’s Readiness For The Bull Market

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Shiba Inu
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Shiba Inu lead developer has provided eagerly awaited insights on SHIB’s bullish outlook to community members, emphasizing the cryptocurrency’s readiness for the upcoming bull market. 

Shiba Inu Prepared For Bull Run

Shiba Inu’s lead developer, Shytoshi Kusama has taken the initiative to address SHIB’s ongoing developments to Shiba Inu’s community members. Kusama has also described the positive position of SHIB as the cryptocurrency market shows signs of entering a bullish phase. 

Related Reading: Shiba Inu Marketing Lead Reveals The Important Role Of SHIB In The Shibarium Ecosystem

In the Shibarium Tech community on Telegram, a community member had asked Kusama about the community’s chances to take advantage of the upcoming bull market. 

“We won’t miss the bull market, right? Shiba, don’t let this bull market be left unfinished,” the community member stated.

In response to the question, Kusama revealed that the Shiba Inu ecosystem was right on track to complete the developments initiated toward the upcoming crypto market bull run. He highlighted key aspects that contributed to SHIB’s preparation, including the ongoing developments and improved functionality of SHIB. 

While speaking of SHIB’s readiness for the anticipated bull run, Kusama asked the community for support in making the bull run a successful one for the Shiba Inu ecosystem. He promised to fulfill his responsibilities to the ecosystem and also asked the same for the community. 

“Look at today. I don’t think we will miss it. In fact, we are on schedule to complete our work in it. But only with your help. all of your help. I’ll do my best to complete all the promised items and even more. All I need is your support once the framework is completed,” Kusama stated. 

Lead Dev Stresses Utility Boost For SHIB Growth

Shytoshi Kusama has explained the importance of increasing Shibarium’s utility to ensure the growth of the ecosystem. During his discussion of SHIB’s preparation for the expected bull market, a community member requested insight from Kusama on the present price stagnation of the SHIB token. 

The community member raised concerns about the SHIB token’s price performance, specifically its apparent lag behind other altcoins like Ethereum, and Bitcoin which are experiencing notable price spikes. 

“It is not nice to watch while other coins are rising. What is wrong with it? It is not rising. Have you looked at other gas coins and how they are rising?” a Shib commercial member asked.

Related Reading: Ethereum Insider Ready For Battle: ETH Founders’ Fraud Proof Coming In 4-5 Days

Kusama addressed the community member’s worries, stating that he was also concerned about the Shib token’s growth. He stated that more utility and innovative products like The SHIB magazine were needed in Shibarium for SHIB to grow. 

“Yes, agreed even we are perplexed but I think we have to keep introducing amazing products on Shibarium so we gain utility. For that we have the magazine as well,” Kusama said.

Shiba Inu price chart from Tradingview.com

SHIB price retraces from $0.000009 | Source: SHIBUSDT on Tradingview.com
Featured image from Watcher Guru, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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