Shytoshi Kusama, the mysterious lead developer behind Shiba Inu (SHIB), recently addressed questions over its ability to reach $0.01. Utilizing social media platform X as his stage, Kusama defended SHIB’s rapid rise since launch and debated with critics who doubt its success.
Nick Tomaino, an influential figure in the cryptocurrency space, shared his selections of “most impactful crypto projects.” Despite including giants like Bitcoin and Ethereum, Shiba Inu was conspicuously absent – prompting Kusama to call attention to this oversight with an angry comment about SHIB being disrespected by society.
Defending Shiba Inu’s Honor
Kusama didn’t take lightly to online communities’ underestimation of Shiba Inu. One interaction in particular suggested that Shiba Inu’s value must rise beyond $0.01 before anyone would take notice, dismissing its worth as mere “chump change.” In response to this view, he pointed to SHIB’s top 10 market cap ranking and maintained that those “who know” already respected it regardless of negative comments on platforms like Crypto Twitter.
Kusama and the SHIB community engaged in further discussion of Shiba Inu’s performance compared to other cryptocurrencies. Kusama highlighted Shiba Inu’s spectacular growth since its all-time low, outpacing even some of the most successful digital assets such as Dogecoin and BNB. These numbers demonstrate SHIB’s excellent return on investment for early backers; reaching $0.01 target would require massive price surge requiring significant action such as token burns or supply adjustments- something many skeptics consider highly unlikely without significant actions such as token burns or adjustments of supply.
Shiba Inu’s trading price currently remains far off its goal, prompting ongoing debate about its future potential. Kusama’s defense of Shiba Inu status and achievements continue to provoke lively conversations within their community of supporters.
