Shytoshi Kusama, an influential figure in the cryptocurrency world and a lead Shiba Inu (CRYPTO: SHIB) developer, gave a cryptic response to a query about the best meme coin to invest in at present.
What Happened: A user asked Kusama, “Which meme coin should I buy now?” on X, formerly Twitter. The cryptocurrency personality responded by tweeting, “You know the answer. 🤪”.
See Also: Arthur Hayes: ‘Shiba Inu Killer’ Dogwifhat Headed To $2, ‘Hat Stays On’ Following 330% Weekly Rally
Why It Matters: Kusama’s answer was peppered with a Zany face emoji indicating silliness. The vague response from him comes amidst a significant upsurge in the popularity of meme coins.
The Ethereum (CRYPTO: ETH)–based SHIB has shot up a whopping 180% so far in seven days, outperforming the gains of Dogecoin (CRYPTO: DOGE). Some SHIB adherents label it as a “Dogecoin Killer.”
Another coin that has been generating Buzz has been the Solana (CRYPTO: SOL)-based Dogwifhat (CRYPTO: WIF), which is up 335.5% so far this week.
It should be noted that WIF is in turn labeled a “Shiba Inu Killer” and it has been predicted by analyst Bluntz Capital to outperform at least two of its bigger meme rivals.
Photo by Dennis Diatel on Shutterstock
Price Action: At the time of writing, SHIB traded 29.1% higher at $0.000027, according to Benzinga Pro data.
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