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Shiba Inu Has Surged by 33 Million Percent, Outperforming Bitcoin, Says Shytoshi Kusama

Shiba Inu Has Surged by 33 Million Percent, Outperforming Bitcoin, Says Shytoshi Kusama

CoinEditionCoinEdition2024/10/29 16:00
By:Abdulkarim Abdulwahab

Shiba Inu (SHIB) has reached a lifetime gain of 33,774,726.7%. Lead developer Shytoshi Kusama compares SHIB’s growth with assets like Bitcoin, Tesla, and popular cryptos DOGE, SOL, and BNB. Kusama emphasizes further work to build respect for the Shiba Inu ecosystem.

  • Shiba Inu (SHIB) has reached a lifetime gain of 33,774,726.7%.
  • Lead developer Shytoshi Kusama compares SHIB’s growth with assets like Bitcoin, Tesla, and popular cryptos DOGE, SOL, and BNB.
  • Kusama emphasizes further work to build respect for the Shiba Inu ecosystem.

Shiba Inu (SHIB) has surged 33,774,726% from its all-time low, according to lead developer Shytoshi Kusama. This makes Shiba Inu one of the highest-gaining assets in the crypto market.

A recent analysis of asset performance over the past decade shows that Bitcoin, which has experienced a return of approximately +569,772%, is the closest contender to Shiba Inu’s growth. However, Shiba Inu’s gains far exceed even Bitcoin’s meteoric rise, Kusama boasted in reply to the disclosure. 

The performance of other top firms, such as Tesla (+12,039%), Amazon (+1,052%), and Apple (+736%), highlights Shiba Inu’s remarkable gains. In contrast, traditional indices and commodities like the S&P 500 (+277%) and Gold (+9%) demonstrate much lower returns.

Addressing Critics with Comparisons to DOGE, SOL, and BNB

In a message directed at skeptics, Kusama compared Shiba Inu’s lifetime gains with other prominent cryptocurrencies, including Dogecoin (+202,583%), Solana (+35,716%), and Binance Coin (+1,521,483%). He aimed to illustrate that while these assets have achieved notable growth, none match Shiba Inu’s record-breaking performance.

Read also: Shiba Inu Burn Rate Soars 108%, But Whale Activity Declines

Meanwhile, Kusama acknowledged the need for continued ecosystem development, stating there is “far to go and much work to be done” for Shiba Inu to gain respect in the crypto space. His message reflects a commitment to building a sustainable infrastructure that strengthens Shiba Inu’s appeal beyond its initial status as a meme token.

Additionally, Kusama hinted at potential “treats” for the Shiba Inu community, suggesting that future updates or rewards may be in store. Although specifics remain undisclosed, this statement signals that the team is focused on maintaining community engagement and advancing the ecosystem’s offerings.

In his closing remark, Kusama encouraged both supporters and skeptics to watch Shiba Inu’s progress, saying, “Don’t ignore Shib. Or do, until you can no longer.” This statement reflects his confidence in the ecosystem’s continued growth and its potential impact within the cryptocurrency space.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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