Shiba Inu's Remarkable Growth Defended by Lead Developer

Shiba Inu's Lead Developer Defends Its Growth

Shiba Inu's lead developer, known as Shytoshi Kusama, recently responded to criticisms suggesting that SHIB remains a "chump change meme." This came after a tweet by Nick Tomaino, founder of 1confirmation, who highlighted significant crypto projects without mentioning SHIB. Kusama addressed this omission, emphasizing the disrespect shown towards Shiba Inu.

Shiba Inu's Performance Compared to Bitcoin

Kusama highlighted an earlier comment comparing Shiba Inu's growth to Bitcoin's. While Bitcoin is often seen as the top-performing asset over the last decade, Kusama noted that SHIB has outperformed it by 66 times. He acknowledged Bitcoin's status but pointed out Shiba Inu's impressive growth since its all-time low in September 2020, marking a staggering increase of over 33 million percent.

Addressing Criticisms of Being a "Chump Change Meme"

The criticism continued with comments suggesting that without reaching a price above $0.01, SHIB would not be taken seriously. Kusama countered this by noting that being among the top 10 cryptos is not "chump change." Despite Shiba Inu currently ranking 12th after a recent decline, Kusama insists on the need for respect and due diligence from the crypto community.

Shiba Inu's Position in the Crypto Market

Despite fluctuations, Shiba Inu's growth trajectory remains noteworthy in the crypto market. Kusama's responses highlight a commitment to defending SHIB's reputation and achievements against skeptics. The discussion underscores the ongoing debate over SHIB's place among leading cryptocurrencies and its potential future impact.