Shiba Inu’s Value Surges by 170%, Aims for Top 10 with RFK Jr. and Kusama Driving Excitement
Shiba Inu’s price has skyrocketed to its highest point in two years, and many believe this surge is due to the endorsement from U.S. presidential candidate Robert F. Kennedy Jr. Investors are optimistic about the future of this cryptocurrency, as it has seen a 32% increase in the last 24 hours.
Shiba Inu has set its sights on becoming one of the top 10 cryptocurrencies and is considered a major player in the crypto market. On March 4th, Shiba Inu reached an impressive high of $0.024, a remarkable weekly gain of 170%.
The driving force behind this surge is the support from Robert F. Kennedy Jr., as revealed by Shytoshi Kusama, the face behind the Shiba Inu project. Kusama shared the exciting news in a recent tweet, with the slogan “It’s Not A Meme, It’s A Movement.” This endorsement was further solidified when RFK Jr. and Russ Davis proudly wore Shiba Inu badges at the ETHDenver 2024 event, showing their support for the SHIB Army.
Amidst this growing support, Kusama dropped a mysterious message hinting at a future filled with new connections and meetings with newfound friends within the Shiba Inu community. This reflects the dynamic growth and potential within the project.
Following these developments, Shiba Inu’s price experienced a strong 32% jump, settling at $0.00002644 in the last 24 hours. Despite a drop in trading volume, bullish sentiment remains. Investors are also liquidating shorts for SHIB, 1000SHIB, and SHIB1000, and both SHIB and SHIB futures Open Interest (OI) have surged over 26% in just 24 hours, approaching the $150 million mark.
With ambitions of making it into the top 10 crypto list, Shiba Inu’s recent endorsements from RFK Jr. and Kusama’s strategic hints have generated excitement. It has positioned itself as a key player in the market, backed by influential figures and a community-driven ethos.