Shiba Inu 2.5% Away From Erasing A Zero: 'Prepare Your Heart (And Wallets),' Says Lead Developer

Zinger Key Points
  • Shiba Inu is trading 3.6% higher, pushing its weekly gains to around 9%, fuelled by strong network activity.
  • The Shiba Inu community is abuzz with various messages from its lead developer and Shiboshis on Valentine's Day.

Shiba Inu SHIB/USD continues its strong network activity, with a cryptic message by the lead developer spurring speculation about big news in the near future.

What Happened: Shiba Inu’s pseudonymous lead developer Shytoshi Kusama created ripples in the Shiba Inu community by tweeting “Love is in the air” from the official X account on Feb. 12.

Later that day, the marketing lead of Shiba Inu, Lucie, shared a snapshot of a Telegram message by Kusama, which indicated something crucial for the Shiba Inu community. Both messages came ahead of Valentine’s Day.

The lead developer on Feb. 13 also posted “Single Shiboshi looking for new love… Is there any other Shiboshis out there looking forward to Valentine's Day?” Shiboshi is a collection of adorable Shiba Inu NFTs.

This prompted the following reaction from Kusama:

Kusama was also in the spotlight with his multiple location changes in the past few weeks, with the most recent being Madagascar after last week’s change to crypto-friendly nation El Salvador.

Currently trading at $0.000009751, Shiba Inu is 2.5% away from dropping a zero. 

Also Read: 'Dogecoin Killer' Shiba Inu Witnesses Record Withdrawal: 8 Trillion Tokens Exit Exchanges Since November [Updated]

Why It Matters: Shiba Inu is up 3.6% in the past 24 hours, boasted by significant growth in network activity.

Active accounts on the Shibarium platform surged from 554 as of Feb. 12 to 826 as of Feb. 13, based on Shibarium Scan data.

Also, new accounts spiked from 21 as of Feb. 12 to 186 as of Feb. 13.

On Feb. 12, notable crypto analyst Crypto Rand highlighted he is looking at four tokens to add to his bag despite altcoins taking a breather. The tokens include Shiba Inu and Avalanche.  

These statistics indicate the continued rise in interest among new users and stable adoption of the Shiba Inu blockchain system. This could lead to a price spike for Shia Inu in the near future.

Read Next: Bonk, Pepe Print Double-Digit Weekly Gains: Why Dogecoin And Shiba Inu Should Be Concerned

Photo: Shutterstock

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