Shiba

Kusama

2024

Bitcoin ETF

Shiba Inu

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<p lang="en-GB" xml:lang="en-GB">The pseudonymous leader of the Shiba Inu team known on social media as <a href="https://u.today/shib-lead-shytoshi-kusama-ignites-shib-army-with-conspiracy-theory-tweet" rel="noopener noreferrer nofollow">Shytoshi Kusama</a> has taken to the Twitter/X network to address the SHIB army with an encouraging tweet.</p>
<p lang="en-GB" xml:lang="en-GB">Major developer Kaal Dhairya has done likewise. These enthusiasm-provoking tweets come as the SHIB meme coin has printed an <a href="https://www.tradingview.com/symbols/SHIBUSDT/" rel="noopener noreferrer nofollow">astounding surge of 38.87% today</a>.</p>
<h2 id="kusama-and-dhairya-address-shib-army">Kusama and Dhairya address SHIB army</h2>
<p lang="en-GB" xml:lang="en-GB">Both Kusama and Dhairya have published an animated GIF to send the SHIB community an encouraging call — “LFG!” (a popular acronym on Twitter/X meaning “let’s freaking go”).</p>
<blockquote>
 <p lang="qme" dir="ltr" xml:lang="qme"><a href="https://twitter.com/hashtag/SHIBARMY?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIBARMY</a> <a href="https://t.co/ZBgwSBzUny" rel="noopener noreferrer nofollow">pic.twitter.com/ZBgwSBzUny</a></p>— Shytoshi Kusama™ (@ShytoshiKusama) <a href="https://twitter.com/ShytoshiKusama/status/1763733953817547005?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 2, 2024</a>
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<p lang="en-GB" xml:lang="en-GB">These tweets were published as the second-largest meme cryptocurrency by market cap, SHIB, has skyrocketed by a staggering 38% today. A slight rebound followed that rise, but SHIB remains above the $0.00002 level, changing hands at $0.00002153 at the time of this writing.</p>
<blockquote>
 <p lang="und" dir="ltr" xml:lang="und">LFG <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> <a href="https://t.co/kHmHIcTGP7" rel="noopener noreferrer nofollow">pic.twitter.com/kHmHIcTGP7</a></p>— Kaal (@kaaldhairya) <a href="https://twitter.com/kaaldhairya/status/1763724158775533997?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 2, 2024</a>
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<p lang="en-GB" xml:lang="en-GB">The increase printed by this popular meme crypto over the last 24 hours is mind-blowing — 71.53%. Over the past week, SHIB established massive growth of 125.51%. SHIB has been following the recent Bitcoin rise as the world’s leading cryptocurrency skyrocketed to top the $64,000 level earlier this week amid the increasing BTC purchases made by spot Bitcoin ETF providers.</p>
<h2 id="shibarium-reaches-massive-milestone">Shibarium reaches massive milestone</h2>
<p lang="en-GB" xml:lang="en-GB">According to data provided by the <a href="https://www.shibariumscan.io/" rel="noopener noreferrer nofollow">Shibariumscan explorer</a>, the Layer-2 network built by the SHIB team on Ethereum has reached a massive utility milestone. Its overall transaction count has surpassed the 390 million level, now sitting at 390,852,737.</p>
<p lang="en-GB" xml:lang="en-GB">As for the daily transaction level, it continues to move in the 2.5 million range, occasionally rising and falling. This is a 2x decline since Feb. 20 and 22, when this metric reached a peak of 4.21 million and 3.93 million daily transfers.</p>
<h2 id="shib-etf-petition-keeps-gathering-votes">SHIB ETF petition keeps gathering votes</h2>
<p lang="en-GB" xml:lang="en-GB">Earlier this week, the SHIB community set up a petition on the change.org platform <a href="https://u.today/shiba-inu-community-petitions-grayscale-to-launch-etf" rel="noopener noreferrer nofollow">urging Grayscale</a> to launch a <a href="https://www.change.org/p/proposal-for-an-shiba-inu-shib-etf-by-grayscale-investments" rel="noopener noreferrer nofollow">Shiba Inu-based exchange-traded fund</a>. Within the past week, this document has gathered 3,120 votes, leading it to the first goal of 5,000 votes.</p>
<p lang="en-GB" xml:lang="en-GB">Grayscale is one of the companies that have launched a Bitcoin ETF recently. Grayscale has finally managed to convert its Bitcoin Trust into a spot BTC fund that tracks down the Bitcoin price and allows investors to profit from its movements.</p>

SHIB Lead Shytoshi Kusama Issues Encouraging Call as Shiba Inu Soars 38% Today

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