Shiba Inu Price Prediction as Lead Dev Shytoshi Kusama Hints at “Massive” Plans – Can SHIB 100x?

cryptonews.com:

SHIB has risen by close to 1% in the past 24 hours, with the Shiba Inu price reaching $0.00002579 as the crypto market gains by a similar percentage today.

The meme token is also down by 1.5% in a week, but up by 9% in the last 30 days, as well as by 220% in a year.

This latter percentage is very healthy, and it’s possible that SHIB’s gains will only continue in the coming months, with developer Shytoshi Kusama hinting yesterday that Shiba Inu is working on a big new feature or project.

If revealed in the next couple of months, it could dovetail with macroeconomic improvements to provide a strong boost to the Shiba Inu price.

SHIB’s chart continues to look good, even if it has lost a little momentum in relation to its gains yesterday.

Its relative strength index (purple) rose as high 80 following the aforementioned Shytoshi Kusama tweet, and while it has dipped it arguably remains on a medium-term upswing, having spent much of the previous week down.

The coin’s 30-day average (orange) supports this suspicion, given that it climbed over the 200-day (blue) yesterday and should continue rising for a while yet.

SHIB’s 24-hour volume has also enjoyed a bit of lift, although at $500 million it could still stand to increase some more, especially when it reached over $2 billion at the end of May.

Part of the problem may be that, even though Shytoshi Kusama has hinted at something “massive”, the market can’t really get too excited without further details.

Couldn't be better timing. Walking into a meeting now to close exactly this. Well, almost exactly- we are thinking much bigger than this and on a massive scale. I'll show this to the team for validation. Thanks Woofmeister.