The Shiba Inu community is fired up, and their lead developer, Shytoshi Kusama, is leading the charge. Kusama has been defending the project against critics who doubt Shiba Inu’s ability to reach a $0.01 price target.
“Disrespect” and “Chump Change”
Kusama took offense when a list of “most impactful crypto projects” didn’t include Shiba Inu. He pointed out that despite being overlooked, Shiba Inu has achieved significant growth since its launch.
One user even called Shiba Inu “chump change” and said it wouldn’t be respected until it hits $0.01. Kusama responded by saying, “Top 10 isn’t chump change… those who are wise give us respect.” He added that critics just haven’t done their research.
Shiba Inu’s Explosive Growth
Kusama also highlighted Shiba Inu’s impressive growth since its all-time low, pointing out that it has surged over 33 million percent. He compared this to the performance of other popular cryptocurrencies like Bitcoin, Dogecoin, Solana, and BNB, showcasing Shiba Inu’s exceptional return on investment.
Reaching $0.01: A Big Challenge
While Shiba Inu’s growth has been remarkable, reaching $0.01 would require a massive price increase of 440%. Critics argue that without significant changes to the token supply, such a price point is unlikely.
Despite the challenges, Kusama remains confident in Shiba Inu’s potential. He’s urging everyone to “not ignore Shib,” believing that the project will eventually earn the respect it deserves.