{"id":1529,"date":"2023-04-11T07:35:25","date_gmt":"2023-04-11T02:05:25","guid":{"rendered":"https:\/\/news.cetoex.com\/?p=1529"},"modified":"2023-04-11T07:35:26","modified_gmt":"2023-04-11T02:05:26","slug":"shiba-inu-developer-provides-optimism-as-shib-loses-50000-holders-in-a-week","status":"publish","type":"post","link":"https:\/\/news.cetoex.com\/shiba-inu-developer-provides-optimism-as-shib-loses-50000-holders-in-a-week\/","title":{"rendered":"Shiba Inu Developer Provides Optimism as SHIB Loses 50,000 Holders in a Week"},"content":{"rendered":"\n
\"Shiba<\/figure>\n\n\n\n

Cetoex News –<\/strong> Although the meme coin had seen a fantastic start to the year, coinciding with 34% gains, recent developments haven\u2019t been so kind. Conversely,\u00a0Shiba Inu\u00a0developer\u00a0Shytoshi Kusama\u00a0provides some optimism through a new Twitter update as SHIB loses 50,000 holders in a week.<\/p>\n\n\n\n

The iconic meme token had seen a mass exodus of wallets holding the crypto. Specifically, on April 1, the number of wallets holding SHIB was 1,279,122. Comparatively, March 27 saw 1,330,473 wallets, a higher number, holding the crypto. Subsequently, a Shytoshi Twitter update has encouraged the SHIB Army.<\/p>\n\n\n\n

SHIB Developer is \u2018In The Lab\u2019<\/h2>\n\n\n\n

The prominence of meme coins in the cryptocurrency sector has undoubtedly grown in recent years. Moreover, as that prominence raises, and the development of various ecosystems grows, observing price action becomes more interesting by the day.<\/p>\n\n\n\n

Subsequently, none of the largest meme coin communities has observed a massive shift in wallet holders with one potential message of hope. Specifically, the Shiba Inu lead developer, Shytoshi Kusama, has provided some optimism as SHIB loses 50,000 holders in one week.<\/p>\n\n\n\n

\"Shiba
Source: EveryPixel.com<\/figcaption><\/figure>\n\n\n\n

In a screenshot shared by Twitter user,\u00a0@Shibaunitedus, Kusama stated that he is currently, \u201cin the Lab.\u201d Moreover, this seems to encourage hope for the Layer-2 blockchain solution within the ecosystem.<\/p>\n\n\n\n

Since the decline in wallets, there was a slight recovery, as 7,160 addresses were gained by April 9, according to\u00a0Finbold. Conversely, Shiba Inu first surpassed 1.3 million addresses in February, alongside the growing anticipation of the Shibarium release. Thereafter, that very beta arrived on March 24.<\/p>\n\n\n\n

The statement of Kusama being back \u201cin the lab\u201d likely refers to his continued work on Shibarium. Thus, as he continues to further develop the protocol, the ecosystem is anxiously awaiting what could come. Moreover, there will undoubtedly be a positive price action arriving with every update. Hopefully, an increase in wallets coincides.<\/p>\n\n\n\n

<\/p>\n\n\n\n

NEWS BY – CETOEX NEWS<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Cetoex News – Although the meme coin had seen a fantastic start to the year, coinciding with 34% gains, recent developments haven\u2019t been so kind. Conversely,\u00a0Shiba Inu\u00a0developer\u00a0Shytoshi Kusama\u00a0provides some optimism… <\/p>\n","protected":false},"author":1,"featured_media":1530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[24],"tags":[41,44,106,26,158,109,698],"class_list":["post-1529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alt-coin","tag-cetoex","tag-cetoex-news","tag-crypto","tag-cryptocurrency","tag-shiba","tag-shiba-inu","tag-shytoshi-kusama"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/news.cetoex.com\/wp-content\/uploads\/2023\/04\/SHIB-adds-over-600-new-holders-daily-in-December-after-Novembers-slump-800x534.jpg-2.webp","_links":{"self":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts\/1529"}],"collection":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/comments?post=1529"}],"version-history":[{"count":1,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts\/1529\/revisions"}],"predecessor-version":[{"id":1531,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts\/1529\/revisions\/1531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/media\/1530"}],"wp:attachment":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/media?parent=1529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/categories?post=1529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/tags?post=1529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}