SHIB Leader Kusama Marks Coming “Worldpaper” Launch with Celebratory Tweet

The lead developer of Shiba Inu, known in the crypto community under the alias Shytoshi Kusama, has shared his excitement about the release of the “Worldpaper” in a recently published tweet.

Timeline of Kusama, Shiba-inu

Shiba Inu Price Analysis: On July 9th, the Shiba Inu price signaled an early sign of bullish recovery when it breached a long-coming resistance trendline. This dynamic resistance kept the popular memecoin in a downtrend over the past five months and plunged to a new year low of $0.00000543.

Doge and Shiba Inu , two pioneers, and Pepe Coin, a latecomer, both sparked interest. We are now discussing Shiba Memu (SHMU), a new meme coin that blends blockchain and AI technology.

The Shiba Inu price has risen over 5% in the last 24 hours amid the market-wide hype surrounding Ripple's partial victory in its legal battle with the US Securities and Exchange Commission (SEC). But SHIB investors should still be cautious: While the SHIB price shows a clear uptrend of 23% over the last 30 days, a complete confirmation of a trend reversal is still pending.

In a stunning turn of events, the Shiba Inu token, SHIB, has experienced an unprecedented surge in its price, resulting in a fourfold increase in significant transactions involving the popular cryptocurrency. According to blockchain analytics platform IntoTheBlock, an astounding surge has been witnessed in transactions valued at $100,000 or more.

A dormant Shiba Inu whale resurfaced, transferring a substantial volume of SHIB tokens. Speculation on future trajectory ensues as volume analysis reveals low activity hindering price rally.

A massive Shiba Inu ($SHIB) whale that has seemingly been dormant for nearly half a year has recently reawakened and resumed its trading activity, moving over 4 trillion SHIB to a number of different addresses out of its over 100 trillion war chest.

Blockchain data shows that a substantial majority of Shiba Inu ($SHIB) holders are in a losing position at current price levels, with a staggering near 85% of investors currently being in the red, equivalent to 1.06 million addresses.

The Shiba Inu price has resorted to a very tight trading range as bulls and bears slug it out. In the last three days, SHIB has traded in a narrow range with the appearance of what seems to be a Doji pattern on its chart.

The Shiba Inu token, known for its popularity among crypto enthusiasts, is facing a major setback as the percentage of tokens carrying losses to their holders has surpassed a critical threshold. According to crypto analytics portal IntoTheBlock, over 90% of the total SHIB supply is currently incurring losses, with an additional 2.54% on top.

A dormant Shiba Inu (SHIB) whale with over 100 trillion SHIB holdings recently moved 10 trillion tokens worth $75.2 million to multiple new addresses within 24 hours. Blockchain surveillance platform Lookonchain highlighted the latest development in a tweet.