CandleFocus Shytoshi Kusama Cites 'World of Statistics' to Prove Shiba Inu (SHIB) Supremacy
2024-11-24
Author: Content Editor
The anonymous lead spokesperson of the Shiba Inu (SHIB) ecosystem, Shytoshi Kusama, highlighted SHIB's 150% year-to-date gain, placing it second after Dogecoin among meme-inspired cryptocurrencies. Kusama also emphasized that SHIB is the largest Ethereum token by market cap, with $14.9 billion. Kusama discussed the challenges of implementing large-scale burns and suggested creating new utilities for SHIB to drive sustainable adoption and reduce reliance on burning as a growth mechanism. The goal is to position SHIB as more than a meme coin and achieve a long-term competitive advantage in the cryptocurrency market.
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