New Meme Coin Launch Captures Market Attention

04-12-2024 By: Surbhi Jain
New Meme Coin Launch

Meme Coin Launch by Shiba Inu: Dog-themed SHIFU

Crypto Sees New Meme Coin Launch: SHIFU by Shiba Inu

Another dog-themed meme coin launch by the second largest meme crypto Shiba Inu, to be called SHIFU. Developed by Shiba Inu lead Shytoshi Kusama, SHIFU captures the attention of the market. The news’ been posted on X, sparking much intrigue. SHIFU is also backed by the developers of SHIB.

Talk of the Market

Kusama posted “LFG” on X while announcing the launch on December 4, 2024. The crypto enthusiast highlights the same by adding, “Did someone say Airdrop?” The X post by Kusama also involves a post by Lark Davis that highlights the new meme coin’s vitalities, calling it a legit meme coin.

Market Keen on Further Developments

While there will be an insane airdrop to holders of SHIB, BUBBLE, LEASH, and the IO NFT, the snapshot process will commence shortly ahead, per Davis. With Kusama and Davis both posting the news on X, the traders and investors now keenly await further news of the SHIFU coin.

Factors Behind the Newly-Launched Coin’s Rising Fame and Optimism

The credit for this level of popularity can be given to spotlighting by Kusama as well as SHIB’s continued monumental stride amid the bull cycle. Hence, sentiments over this new meme coin and its future movements remain optimistic in the crypto market and among its enthusiasts.

Curiosity around the New SHIFU Meme Coin

With SHIB whales amplifying holdings, the market goes further bullish. Market participants’ curiosity continues about the future events surrounding this newly launched dog-themed meme coin SHIFU by Shiba Inu’s lead developer Shytoshi Kusama and the developers behind SHIB.

Also read: Memeland Airdrop Listing Date: What Will Be Listing Price
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