SHIBAINU(SHIB)NEWS

SHIB Developers Achieve Major Milestone on Social Media Giant X

Shytoshi Kusama, the pseudonymous developer behind SHIB, has reached a significant milestone on the social media platform X. An X user and member of the Japanese SHIB Army, @kuro_9696_9696, posted a screenshot showing Kusama’s follower count nearing one million. According to the post, Shytoshi Kusama’s followers have reached 1,000,000. The actual follower count displayed on Kusama’s page was very close, at 999.8K. It is common for follower counts to fluctuate slightly as users follow and unfollow accounts rapidly.

SHIB Representative Relays Shytoshi’s Message to the SHIB Army

Earlier this week, Lucy, the official social media marketing lead for the SHIB team, addressed the Shiba Inu Army on X with an optimistic message about the future of the SHIB ecosystem. Her post, titled “Building the Future Together,” reminded the community that the SHIB ecosystem is currently in a developmental phase. She reiterated Shytoshi’s frequent saying: “The moat has been built to protect the castle, and now we build.”

According to the marketing lead, SHIB has entered step 1 and phase 1 of the project’s roadmap, with much more to come. Lucy compared the SHIB blockchain to a railway, where developers are building stations for users and decentralized application creators. The team is currently focused on updating their technology, engaging with major players in the cryptocurrency space, and ensuring the overall health of the ecosystem.

Read more Whale Activity Decline Impacts Shiba Inu Token Amid Volatile Crypto Market

Lucy also revealed that the SHIB team is collaborating with key industry figures on a significant project, which will take some time. However, once the “stations” are built, it will mark the beginning of a completely new chapter.

SHIB Burn Rate Soars by 10,880%

According to data shared by Shibburn, the SHIB burn rate has surged by 10,880% over the past 24 hours. During this period, an impressive total of 23,106,750 SHIB tokens were sent to unspendable blockchain wallets. The largest burn in the past ten minutes accounted for nearly half of the total amount of Shiba Inu destroyed since yesterday—11,176,306 SHIB.

Important Notice: The content presented in this article is intended for informational purposes only and should not be interpreted as financial advice. Coinshibainu.com bears no responsibility for any investment decisions made relying on the information contained herein. It is highly recommended to consult with a qualified expert or financial advisor before making any investment decisions.

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