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The Shiba Inu community has raised concerns about the recent absence of Shytoshi Kusama, the project’s lead developer, from social media. This comes at a time when the token is struggling to maintain key price levels amid broader market volatility. With growing speculation, Lucie, the marketing lead for the ecosystem, has addressed these concerns, reassuring supporters that Kusama’s absence is intentional and aligned with his stated plans. Kusama’s Declining Activity on Social Media Shytoshi Kusama has been noticeably inactive on social media over the past week, a shift from his usual engagement earlier this year. His last direct post on X was on February 21, when he announced enhancements to liquidity pools on ShibaSwap . Since then, his presence has been limited to occasional retweets, with the most recent one from March 7, highlighting a post by Shiba Inu’s partner, Astra Nova. This prolonged inactivity has led to speculation within the community, with some users questioning his whereabouts and others fueling unfounded rumors. Critics have attempted to use his silence to cast doubt on his role within the ecosystem. Lucie Reaffirms Kusama’s Focus on Expanding Shiba Inu In response to concerns, Lucie clarified that Kusama’s reduced social media activity is not cause for alarm. She emphasized that his absence aligns with a strategy he previously communicated, suggesting that he is dedicating more time to expanding Shiba Inu’s global reach. Lucie implied that while Kusama may not be as visible online, he is likely engaged in offline efforts, such as strategic meetings and partnerships aimed at increasing the project’s prominence. She reassured the community that he would eventually return to social media to share updates on his ongoing work. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Not an Uncommon Occurrence Kusama’s limited online presence is not unprecedented. In the past, he has taken similar breaks from social media to focus on other commitments. For instance, in May 2024, he revealed that he had traveled to the Middle East to visit family. However, with SHIB facing challenges in maintaining its position in the market and competition increasing among meme coins, some investors remain cautious. Despite these occasional absences, Kusama has built a reputation as a dedicated figure within the ecosystem. Last year, he shared insights into his work ethic, stating that he sometimes works up to 20 hours a day to advance the project. Even during the holiday season, when most people take time off, he remained active in developing initiatives aimed at strengthening SHIB’s position in the market. As speculation continues, Lucie’s reassurance highlights that Kusama’s current focus remains on the long-term growth of Shiba Inu, with expectations that he will provide further updates once his offline efforts yield tangible results. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Shiba Inu (SHIB) Team Addresses Concerns About Kusama’s Silence appeared first on Times Tabloid .
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XRP Price To $110? Bollinger Bands Creator Reveals Why It Will Become A Market Leader
The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space. Analyst Predicts New XRP Price Target To $110 In a rather lengthy X (formerly Twitter) post, market expert Egrag Crypto went deep into his analysis for the XRP price, basing his predictions on its Elliott Wave structure. The crypto analyst confidently forecasted that XRP was heading towards a new $110 ATH. This bullish target would represent a whopping 3,974% increase from its current market value. Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge Firstly, Egrag Crypto outlines XRP’s five-wave structure, underscoring that each wave could push the cryptocurrency to a new target. The analyst reveals that XRP is currently in Wave 2 of its Elliott Wave structure and is closely approaching Wave 3, which is expected to trigger the most explosive increase. In Wave 1, XRP saw an impressive 733% increase to new highs. However, in its current Wave 2, Egrag Crypto highlights that its 2017 fractal appears more profound. With the formation of a Double Bottom pattern, the analyst has predicted a potential price breakdown for the cryptocurrency. Egrag Crypto further forecasts that Wave 3 will trigger a reversal and cause the price to skyrocket by 1,185%. This massive price increase would effectively place the XRP price at a potential target between $22 and $24. For a more conservative target, the analyst estimates a surge of around $22 to $24. For Wave 4, Egrag Crypto predicts another major retracement similar to Wave 2. However, this time, the analyst believes XRP could decline by either 14.6%, 23.6%, or 38.2% from Wave 3’s price high. This correction would mark a 65% drop from Wave 3’s peak, bringing the cryptocurrency’s price down to $8. He also highlights a worse-case bearish scenario where XRP crashes as low as $3.4. Notably, Egrag Crypto shares three potential bullish targets for Wave 5, the final part of the Elliott Wave Structure. He forecasts that the altcoin could surge between $32 to $48, $60 to $70, or $95 to $110. The analyst has based his optimistic forecast on past cycle trends, where 2017 saw a major price rally for XRP. Bollinger Bands Creator Says The Asset To Become Leader In other news, Bollinger, the creator of the renowned Bollinger Band technical analysis tool, has highlighted XRP in his latest post, questioning whether it could take a leading role in the crypto market. The technical analyst asserts that Ripple has held up better than other primary crypto vehicles. Related Reading: Analyst Says Only Buy XRP If It Reaches This Level Considering its legal battles with the US SEC and present regulatory challenges, Ripple continues to remain resilient, aiming to gain clarity during the final stages of the five-year-long lawsuit. Meanwhile, the XRP price, which is currently trading at $2.4, has experienced a recent uptick, increasing by almost 4% in the last day, according to CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com TimesTabloid
Vaneck’s New ETF Proposal Aims to Bring Avalanche’s AVAX to Traditional Markets
Asset manager Vaneck has filed with the U.S. Securities and Exchange Commission (SEC) to launch the Vaneck Avalanche ETF, a first-of-its-kind fund designed to track the market price of AVAX, the native token of the Avalanche blockchain. Vaneck Seeks SEC Approval for a Spot AVAX ETF Vaneck’s proposed exchange-traded fund (ETF) would hold AVAX directly TimesTabloid
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