‘Not My Words:’ Shiba Inu’s Lead Developer Lashes Out At Media Site Over Market Cap Misquote, Vows To Make ‘Publication Obsolete’
By Benzinga
Shytoshi Kusama, the lead developer of Shiba Inu (CRYPTO: SHIB), slammed U.Today for misquoting him in an article about SHIB reaching a $100 billion market cap.
What Happened: U. Today’s article mentioned that Kusama “acknowledged a bold prediction” about Shiba Inu hitting the $100 billion market cap with a GIF saying “Your words, not mine.”
However, Kusama denied the acknowledgment and took to X to express his disappointment with the publication for misquoting him.
“I literally said not my words. That’s why I plan on making your publication obsolete,” Kusama posted on Wednesday.
Why It Matters: SHIB’s market cap has been on a meteoric rise. On Monday, the cryptocurrency’s market cap surged by 90% in 24 hours, reaching $26.71 billion. This placed SHIB ahead of tech giants such as Zoom, Snap, eBay, and MicroStrategy.
Despite a 13.3% dip in the past 24 hours, SHIB has seen a significant increase in active accounts and whale transactions. With 71% of SHIB holders currently in profit and 19% in the red, traders are optimistic about the uptrend continuing.
Image via Shutterstock
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