{"id":214040,"date":"2023-12-16T19:20:59","date_gmt":"2023-12-16T13:50:59","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=214040"},"modified":"2023-12-16T19:20:59","modified_gmt":"2023-12-16T13:50:59","slug":"shytoshi-kusama-drops-hint-at-major-shib-developments-shiba-inu-price-to-rally-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shytoshi-kusama-drops-hint-at-major-shib-developments-shiba-inu-price-to-rally-crypto-news\/","title":{"rendered":"Shytoshi Kusama Drops Hint At Major SHIB Developments, Shiba Inu\u00a0Price\u00a0To\u00a0Rally? – Crypto News"},"content":{"rendered":"

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Shytoshi Kusama, Shiba Inu\u2019s lead developer, recently shed light on SHIB\u2019s cryptographic venture as it advances further within the crypto landscape. In a series of posts, Kusama highlighted how the SHIB token is noting significant efforts by the token\u2019s community to boost the Shiba Inu tokenomics.<\/p>\n

Furthermore, as the announcement surfaced in the crypto market, Shiba Inu\u2019s price jumped promptly, powering optimism for the token.<\/p>\n

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Aligning with the rise in Shiba Inu\u2019s price, the SHIB burn rate also noted a substantial surge, stirring speculations among crypto market enthusiasts.<\/p>\n

Shytoshi Kusama Unveils Upcoming SHIB Burn<\/h2>\n

In a series of posts on X, Shytoshi Kusama shed light on how the SHIB token is revolutionizing itself within the broader crypto market. According to Kusama\u2019s statement, the Shiba crypto community reportedly prepares for a colossal burning chronicle.<\/p>\n

With the SHIB community setting its sights on burning billions of tokens in the near future, crypto fanatics seem to be eyeing the token extensively.<\/p>\n

<\/p>\n

Moreover, the statement stressed Shiba Inu\u2019s shifting from memes and lore to a global standard orbiting crypto and blockchain.<\/p>\n

In addition, the statement further spotlighted an upcoming partnership for the SHIB cryptocurrency. The partnership, currently in the pipeline, aims to solidify the token\u2019s positioning as a global force, hinging on building support for the token.<\/p>\n

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Also read: BONK Price Notes Monthly Surge Of 750% Outshining DOGE & SHIB<\/a><\/strong><\/p>\n

Shiba Inu Price Soars<\/h2>\n

The Shiba Inu price<\/a> jumped 3.32% over the past 24 hours as of writing, evaluating $0.00001015. However, the token\u2019s weekly trajectory illustrated a fall of 1.24%, escorted by a monthly upswing of 13.85%.<\/p>\n

Shiba Inu\u2019s market charts portrayed a prompt jump soon after Kusama revealed a noteworthy burn in progress. Moreover, while writing, the SHIB burn rate<\/a> recorded a substantial increase of 10.07%, incinerating 1.18 million coins in the past 24 hours.<\/p>\n

The current jump witnessed by the token primarily comes as a result of the aforestated announcement, followed by a burn rate upswing.<\/p>\n

Also read: Cathie Wood\u2019s Ark Invest Extends Coinbase And GBTC Selling Spree<\/a><\/strong><\/p>\n

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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Shytoshi Kusama, Shiba Inu\u2019s lead developer, recently shed light on SHIB\u2019s cryptographic venture as it advances further within the crypto landscape. In a series of posts, Kusama highlighted how the SHIB token is noting significant efforts by the token\u2019s community to boost the Shiba Inu tokenomics. Furthermore, as the announcement surfaced in the crypto market, […]<\/p>\n","protected":false},"author":2,"featured_media":163041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-214040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/214040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=214040"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/214040\/revisions"}],"predecessor-version":[{"id":214042,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/214040\/revisions\/214042"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/163041"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=214040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=214040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=214040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}