Shiba Inu Lead Shytoshi Kusama Throws Shade at Elon Musk's X

Shiba Inu lead Shytoshi Kusama took to social media with a cheeky equation that appears to hint at the cryptocurrency's future prospects compared to Elon Musk's revamped platform, X.

Timeline of Kusama, Shiba-inu

The pseudonymous lead dev of Shiba Inu, Shytoshi Kusama, has made an announcement in the official Telegram channel “Shibarium Tech”, teasing three new partnerships for SHIB that are coming soon. The SHIB army calls them ‘partnerSHIBs'.

Amidst a more extensive revival in the cryptocurrency market, the value of Shiba Inu has witnessed a significant upward trend today, giving investors of the meme coin a reason to be happy. The surge in its value can be attributed not only to the prevailing favorable feeling in the cryptocurrency industry, but also to a fundamental reason that is bolstering its worth.

SHIB's title of the best-performing cryptocurrency of the last few weeks may be about to witness a change as exhaustion of the bulls has taken over. A bearish price action could be the reality of SHIB over the next couple of days.

SHIB Price Analysis: On August 5th, the Shiba Inu price provided a bullish breakout from the rising wedge pattern. The coin price breaking above the resistance of the chart setup that is following an ascending trend indicates the strong bullish momentum in the market.

Recently, Shiba Inu, often referred to as the “Dogecoin killer,” has become the center of the meme coin market due to its unstoppable bullish rally. As the Shibarium's launch is just a few days away, the SHIB price is preparing for a notable surge.

Shiba inu rose by as much as 10% during today's session, as bullish sentiment returned to cryptocurrency markets. The meme coin climbed to its highest point this week, with the global crypto market cap up nearly 2% as of writing. Solana was another big gainer, hitting a ten-day high on Wednesday.

Shiba Inu has smashed an astounding milestone as a new era unfolds for the ecosystem. The summer of Shibarium has kicked off, according to the Shiba Inu team, marking an entirely new era for Shiba Inu.

With the broader digital currency ecosystem returning to its default bullish setting, the meme coin niche appears to be taking this resurgence more personally. The second largest meme coin by market capitalization, Shiba Inu (SHIB), has printed an unusual 9.89% with its price now pegged at $0.000009829.

In the last month, the price of Shiba Inu (SHIB), the meme-inspired cryptocurrency, has witnessed a stunning surge, soaring over 30%. This meteoric rise has not only captivated the crypto community but has also propelled SHIB to new heights.

The Shiba Inu (SHIB) project is branching out into innovative digital territories. A recent blog post by Shytoshi Kusama, the project's pseudonymous lead developer, delved into the Self-Sovereign Identity (SSI) concept and its potential integration with Shibarium, their Layer 2 solution.