Critical developments and forecasts for the popular cryptocurrency Shiba Inu (SHIB) drew attention. Here are the details…
SHIB influencer: The bear market is just getting started
LucieSHIB, the official content marketing expert of the Shiba Inu ecosystem, tweeted praising the SHIB army for their patience and loyalty. He once again emphasized the important role of the Shibarium trio (SHIB, BONE and LEASH) in the Shiba Inu ecosystem. “We trust SHIB, BONE, LEASH,” he tweeted. “This is a bear market and it hasn’t even started yet,” he added.
This week, the Bone ShibaSwap token was listed by two major Australian crypto exchanges CoinSpot and Swyftx. The difference between these listings was only one day. Prior to the listing, the latter platform conducted a Twitter poll on Friday to get customers’ opinions on whether they want BONE or the Alchemy Pay (ACH) token to be listed first. More than 90% of respondents (just over 2,300) voted for BONE to be included by the exchange. Last week, BONE support was added by the Unocoin platform.
In a tweet published earlier this week, Lucie suggested a reason that could stand behind the recent BONE listing spree. She believes that exchanges want the token for their customers. Because “there is no leading entity behind it”. It also does not have a CEO or head office. Lucie claims that the dev team led by the alias Shytoshi Kusama, who also created SHIB and LEASH and is currently working on Shibarium and the SHIB metaverse, will eventually resign. He insists that the entire Shiba Inu ecosystem has been created to function as a “fully decentralized ecosystem” and that no one will be held responsible. According to him, it will be the SHIB army that “will lead and make the most important decisions.”
Encrypted message from Shiba Inu founder
Shiba Inu leader Shytoshi Kusama recently posted an encrypted video on Twitter, accompanied by the message “Something physical is coming”. The video starts in total darkness, which quickly dissipates as the Shiba Inu logo appears in close-up. The logo instantly shrinks and reveals itself completely while emitting a sharp light. As it pulls back, the logo transitions to a clean, white version. During this transition, the white logo turns black from time to time, adding a tension-filled rhythm to the visuals. The video ends with a message forming around the logo: “Something physical is coming.” The last shot shows the Shiba Inu logo in black and white with the entire text.
Is the end of cryptocurrencies?
Meanwhile, in a recent interview with CNBC, US Congressman Brad Sherman made it clear that he hopes the end of cryptocurrencies, with a stance that will give crypto enthusiasts goosebumps. When asked if the continued crackdown marks the end of cryptocurrencies in America, Sherman’s succinct response was “I hope so, I don’t think so.” Sherman’s caustic comment comes after recent regulatory measures taken by the SEC against major cryptocurrency exchanges Binance and Coinbase. Known for his anti-crypto stance, the Congressman opposes the idea that cryptocurrencies can benefit the economy or consumers, stating that their primary use is to evade the US government and sanctions. Rejecting the alleged advantages of crypto for everyday users, he said:
They were $3 trillion at one point and didn’t make it easier or cheaper to buy sandwiches from Subway. When you go to Subway, you can use a debit or credit card. If you have cryptocurrency, you need to cash it out, then transfer it to your debit card, and then get a sandwich.
While Kusama’s tweet was deliberately vague, the promise of “something physical” caused quite a stir within the Shiba Inu community. Twitter has been awash with speculation that Shiba Inu coin followers have put forward various theories. These range from speculation about the launch of an important project to suggestions for commercial products. Claims of a physical product coincide with a recent post by community member Lucie, who shared a photo that looked like a piece of cloth with the Shiba Inu logo.
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