Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104%
Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
  • Market Cap: 46.39B 1.4104%
  • Volume (24h): 4.16B 0%
  • Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
Home > Information news > 'Send SHIB to the Moon': Shiba Inu Lead Kusama Shakes Off Critics With Big Claims

'Send SHIB to the Moon': Shiba Inu Lead Kusama Shakes Off Critics With Big Claims

Release: 2024/11/22 22:40 Reading: 356

Original author:U.Today

Original source:https://u.today/send-shib-to-the-moon-shiba-inu-lead-kusama-shakes-off-critics-with-big-claims

Shiba Inu Continues to Dominate Ethereum Ecosystem, Declares Shytoshi Kusama

Shytoshi Kusama, a prominent figure in the Shiba Inu (SHIB) community, has recently shared his thoughts on the cryptocurrency market and the SHIB token.

Decentralization of SHIB

Addressing concerns about centralization, Kusama emphasized that SHIB is fully decentralized and all tokens have been distributed.

Token Burning

Regarding the demand for token burning, Kusama explained the need for unique methods to drive adoption and burn tokens. He highlighted the development of a "tech stack to rival everyone" as a strategy for success.

Shiba Inu's Dominance in Ethereum

Kusama reiterated SHIB's position as the number one Ethereum token by market capitalization, valued at $14.68 billion. Interestingly, this statement sparked a response from PEPE token enthusiasts.

Market Performance

While SHIB maintains a market capitalization advantage over PEPE ($8.92 billion), PEPE currently has a higher trading volume ($5.37 billion vs. SHIB's $1.44 billion). The interpretation of these metrics as indicators of superiority is left to enthusiasts of both tokens.

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