Is RFK Jr.’s Inclusion in Shib Army Coinciding with a 170% Surge in Shiba Inu’s Value? Could This Be the Cryptocurrency’s Latest Momentum?

U.S. Presidential candidates RFK Jr. and Russ Davis proudly displayed their Shiba Inu badges at the ETHDenver 2024 event, solidifying their support for the cryptocurrency. The event marked a significant moment for Shiba Inu, as celebrity endorsement from RFK Jr. propelled its price to a two-year high of $0.024 on March 4. This surge represented a remarkable weekly gain of 170%. Shytoshi Kusama, the prominent figure behind the Shiba Inu project, announced RFK Jr.’s support and unveiled the slogan “It’s Not A Meme, It’s A Movement.” The endorsement was met with enthusiasm from the SHIB Army, and RFK Jr. and Russ Davis proudly showcased their Shiba Inu badges at the event. In addition, Kusama shared a cryptic message hinting at new connections and a significant moment for Shiba Inu in the future. Despite a decrease in trading volume, Shiba Inu’s price experienced a 32% jump in the last 24 hours, reaching $0.00002644. Investors are liquidating shorts for SHIB, 1000SHIB, and SHIB1000, with SHIB and SHIB futures OI surging over 26% in 24 hours, nearing $150 million. With the support of RFK Jr. and Kusama’s strategic hints, Shiba Inu is emerging as a key player in the crypto landscape and aims to secure a spot in the top 10 cryptocurrencies.