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- Shiba Inu lead developer has hinted at a big announcement to be made in the near future, stating that something huge is brewing.
- Some have been speculating that this could be something physical as hinted by the developer back in June.
Shiba Inu lead developer Shytoshi Kusama has hinted at something huge coming into the ecosystem. The developer known to make cryptic messages ahead of a major announcement has in a recent Telegram update stated that “something is brewing” for the cryptocurrency project. The update was shared by Shiba Inu influencer Kuro SHIBARMY JPN, who posted a screenshot of the official Shiba Inu Telegram group. The screenshot shows a SHIB fan posting “Something is brewing…” and Kusama replying, “Very much so.”
The SHIB community has been left to speculate on what the upcoming development could be and how it can possibly impact SHIB prices.
>something is brewing…
Very much so pic.twitter.com/HXHlnt26NO
— KURO🐾SHIBARMY JPN🇯🇵 (@kuro_9696_9696) October 5, 2023
Interestingly, this update follows the return of Kusama to social media. Kusama has only recently ended his nearly one-month phase of silence. Quoted by Shiba Inu’s lead marketing strategist, Lucie, was the first to share this exciting news.
Since the start of the month, Kusama has been active specifically on X (formerly Twitter), sharing and retweeting developments shared by the greater community. Most recently celebrating the partnership between Shiba Inu and Welly restaurant.
Seriously, I couldn't be more proud of these guys… #wellyfriends https://t.co/GDUdeL5yez
— Shytoshi Kusama™ (@ShytoshiKusama) October 7, 2023
Following the cryptic message from Kusama, the community of SHIB enthusiasts has been celebrating with great excitement. The cryptic message could be related to a major integration with artificial intelligence (AI). Earlier this week, Kusama revealed plans to embark on a “secret and not so secret AI initiative” with Shiba Inu’s partner Bad Idea.
Related: Shiba Inu’s Partner, Bad Idea (AI), Achieves Top Marks in Prestigious CertiK Audit
However, this has done little for SHIB prices which have been moving sideways for the last few weeks. During the last 24 hours, the altcoin has recorded a marginal change of less than 1 percent. On the weekly chart, the altcoin has suffered a nearly 4 percent drop and is at the time of press trading at $0.00000720.
At these prices, the altcoin has been a favorite among long-term investors. Market experts view the $0.0001, $0.001, and even $0.01 in the long term, as the next price targets for SHIB.
Since the launch of Shibarium, it has been clear that the new layer 2 blockchain will play a key role in the success of SHIB and the entire Shiba Inu ecosystem. Late next month, the Shibarmy will welcome the Shibarium ID protocol in a bid to streamline the DeFi development sustainably. The upcoming name service platform for the Shibarium network will allow users to register, trade, and manage their .shib domains under one environment.
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