- Shiba Inu lead developer has hinted at a massive development involving a partnership with “VERY important individuals.”
- SHIB has been a beneficiary of the bullish wave sweeping the market, gaining nearly 6 percent in the last 24 hours.
Shiba Inu (SHIB) could be on the verge of a major breakthrough based on its recent price pattern and comments from lead developer Shytoshi Kusama. Taking to Telegram, Kusama revealed that he had been talking to some “VERY important individuals and some top in community for the next phase.” This cryptic message suggests a significant development in the coming months. It comes after a period of silence that left the community guessing.
The developer further added, “We have also been busy with platforms to support the community and begin this network state. Sometimes silence is the best weapon.” This was a show of his commitment to the project and the community that looks up to him for inspiration and guidance in the growth and development of Shiba Inu and Shibarium. But this is not to say that the project is entirely dependent on the developer as highlighted by a recent post on X.
LOVE TO SEE THE COMMUNITY WORK TOGETHER WITHOUT MY INPUT. FANTASTIC. GREAT JOB. SO HAPPY. #SHIBARIUM pic.twitter.com/forXwK6RtQ
— Shytoshi Kusama™ (@ShytoshiKusama) October 23, 2023
However, the specifics of this new development remain undisclosed. This is not uncharacteristic of the lead developer who likes to keep the community guessing. Some have noticed that the developer’s location has been changed a few times which could give a hint about the possible collaborations. On X (formerly Twitter), the developer changed his location status first to Malaysia and then to China. Historically, partnerships have been catalysts for price explosion, and the SHIB community will be looking forward to the trend persisting.
The aforementioned revelation coincides with the project’s native token SHIB turning green. In the last 24 hours, the digital asset has gained more than 5 percent to trade at $0.00000755. These gains are supported by the drastic rise in volume, climbing by more than 85 percent in the last 24 hours.
Related: SHIB’s 250% Burn Blazes Through 53 Million Tokens – Is $1 Now Imminent for Shiba Inu?
The gains could be the first step, with bulls laying the foundation for a significant uptrend. If bulls can maintain this upward trajectory, the momentum could see a retest of $0.00000800 in the short term and $0.0000100 in the mid-term.