Shytoshi Kusama Highlights RFK Jr Endorsing Shiba Inu, SHIB Price Up 23%

Shiba Inu lead Shytoshi Kusama on Monday said the support for Shiba Inu is rising strongly highlighting U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr) endorsing meme coin Shiba Inu.

Robert F Kennedy Endorses Shiba Inu

US presidential candidate Robert F. Kennedy Jr., RFK Jr., was witnessed promoting Shiba Inu’s “It’s Not A Meme, It’s A Movement”, Shiba Inu lead developer Shytoshi Kusama highlighted in a post on X on March 4.

In a big movement for Shiba Inu, RFK Jr. and Russ Davis of In Russ We Trust Crypto were wearing a Shiba Inu batch at the ETHDenver 2024 showcasing support for SHIB Army.

Shytoshi Kusama also dropped a cryptic post amid a change in his location as “With new Frens” on X. In addition, Kusama remarked that he has a full day of meetings “with some new frens we’ve recently made.” He also hinted at leveling up and showcasing true power in the coming months, citing Shiba Inu’s success with very little budget and almost no marketing.

Shiba Inu has grabbed major attention amid the meme coin rally seen last week, with the Shiba Inu coin almost near to entering the top 10 crypto list.

Also Read: Ethereum Price Shoots Past $3,500, Smart Whale Swaps BTC to ETH Before Dencun Upgrade

SHIB Price Moving Towards $0.0001

Shiba Inu has rallied over 170% in a week amid the meme coin hype backed by broader crypto market rally. While Shytoshi Kusama took to X to express massive support, SHIB price jumped over 10% in an hour.

SHIB price jumped 23% in the past 24 hours, with the price currently trading at $0.00002614. The 24-hour low and high are $0.00001987 and $0.00002546, respectively. Furthermore, the trading volume has decreased by 28% in the last 24 hours, indicating SHIB whales taking the lead.

Investors are extremely bullish on Shiba Inu as SHIB, 1000SHIB, SHIB1000 continue to see massive liquidation of shorts. SHIB and SHIB futures OI have jumped over 26% in the last 24 hours, with 1000SHIB perpetuals near $150 million.

Also Read: Bitcoin (BTC) Price Jumps Past $64,000 Again, Key Levels to Watch

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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