Altcoins

Shiba Inu Lead Says Critics Can Only Talk, But It Takes Work to Move SHIB

Shytoshi Kusama, the lead developer of Shiba Inu, identifies a significant factor that could help SHIB’s price to spike tremendously.

It is common knowledge that the ongoing bear market has wreaked havoc on the prices of Shiba Inu and other crypto assets.

At press time, SHIB was changing hands at $0.00000711, down 91.75% from its previous all-time high of $0.00008616. According to IntoTheBlock’s data, 88% of SHIB holders are currently underwater due to the asset’s low price.

SHIB Holders Vent Frustration Over Low Price

As a result, many SHIB enthusiasts are seen venting their frustration across various social media platforms. In a recent tweet, a fan of the cryptocurrency named Solobase Mac called out Shytoshi Kusama, the lead developer of Shiba Inu, on X (formerly Twitter).

The user called out Kusama while reacting to the Shiba Inu lead’s X update on the renewed Palestinian-Israeli conflict.

“As the echoes of ancient festivals recede, and we march into the shadows of war, yet again, I find myself traversing the valleys of introspection,” an excerpt from Kusama’s X post read.

As the echoes of ancient festivals recede, and we march into the shadows of war, yet again, I find myself traversing the valleys of introspection. I beseech the world to contemplate with me a timeless inquiry: למה? لماذا? Why? 2/x

— Shytoshi Kusama™ (@ShytoshiKusama) October 8, 2023

Despite Kusama’s insightful post, Mac was more concerned about the price of SHIB. The user noted that Kusama’s post is the only thing that looks great, as the price of SHIB has not made any significant uptrend.

Shiba Inu Lead Reacts

Responding, Kusama jokingly replied that SHIB price would soar higher only if Mac “grips his talisman harder.”

It bears mentioning that Kusama’s joke stems from the fact that Mac’s username on the X platform is @blacktalizman. Notably, Kusama said that it would only take “true work” for SHIB to record significant price movement.

Furthermore, Shiba Inu’s lead developer pointed out that those who bark the loudest are not the ones doing the work.

It might move more if you grip your talisman harder.

I’m kidding, of course. It takes true work, and those who Bark the loudest aren’t the ones working.

— Shytoshi Kusama™ (@ShytoshiKusama) October 8, 2023

It is worth noting that the Shiba Inu’s team has been taking advantage of the bear market to build. The team has continued to ignore the noise from critics and has been building in the background.

As reported earlier, Kusama noted in an official Telegram group chat that “something is brewing,” thus suggesting that a major update is on the horizon.

While the details are unknown, some enthusiasts speculate that the upcoming update could propel SHIB price to soar.

Source

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