Shiba Inu would make a positive turnaround during the next bull run, reaching new heights, according to controversial crypto podcaster David Gokhshtein.
The crypto influencer in the past has shown his support for both SHIB as well as DOGE. In his earlier tweets, David wrote that his portfolio consists of both meme coins as he expects the tokens to skyrocket.
The founder of Gokhshtein Media recently commented about how those who invested in the Shiba Inu meme coin early on, upon its inception in 2020, probably made millions of dollars while others missed the opportunity.
According to him, investing in new coins is all about “doing research and finding the pulse of the community.”
Gokhshtein claimed that not all meme coins have the same potential for success as Shiba Inu does. Despite his “extensive research”, he hasn’t yet come across anything that can be compared to SHIB.
Meanwhile, the Shiba army has another thing to rejoice about.
Shibburn, a top burn transaction tracker, tweeted that it had resolved a significant payment-related issue with one of its advertisers.
It will keep burning SHIB for the time being, and after the aforementioned website has been modified, a search option will enable people to see just how much SHIB was used for this particular project.
As for the amount of SHIB removed from circulation over the past 24 hours, it constitutes a total of roughly 28 million meme coins, according to a recent tweet by Shibburn.
Shiba Inu’s Layer-2 Solution Enters Beta Stage
Another major update was shared by the project’s lead developer Shytoshi Kusama, who posted on a Telegram channel informing that Shibarium, a layer-2 solution for the cryptocurrency, shortly start the beta testing stage.
As reported by TronWeekly, last week, the Shiba Inu team sent out a cryptic post announcing a “special countdown,” that generated quite a buzz among the community members.
Much to the members’ dismay, it turned out to be a site improvement rather than a significant announcement, like an imminent Shibarium launch.
Some of the disgruntled customers made snide remarks about the website’s design in the comments section, using phrases like “very amateurish” and “quite unimpressive.”
Kusama added that he was appreciative of the Shiba Inu developer Trophias and his group for updating the cryptocurrency’s official website. Trophias also took to Twitter to say that the website is “only the start”, asserting that developers cannot disclose everything at once.