Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Shytoshi Kusama Touts Shiba Inu Lifetime Gains Of 33774726%: 'We Still Have Far To Go And Much Work To Be Done'

Aniket Verma
October 29, 2024

Shytoshi Kusama, the mysterious lead of the Shiba Inu (CRYPTO: SHIB) ecosystem, highlighted the coin’s impressive growth since its launch and the work ahead to gain further recognition.

What Happened: On Tuesday, Kusama took to X to talk about the SHIB’s lifetime growth, which stood at a staggering 33,774,726.7% from its all-time low, higher than those of Dogecoin (CRYPTO: DOGE), Solana (CRYPTO: SOL), and Binance Coin (CRYPTO: BNB).

The pseudonymous personality added that this wasn’t enough and efforts were in place to further enhance the ecosystem.

“So, don’t ignore Shib. Or do, until you can no longer,” Kusama said, pointing toward critics.

See Also: MSTR Vs. RIOT Vs. COIN: Which Crypto Stock Stands Out Ahead Of Q3 Earnings?

Why It Matters: Kusama’s post comes in the wake of a broader cryptocurrency market rally that witnessed Bitcoin (CRYPTO: BTC) come within touching distance of a new all-time high.

SHIB, the second-largest meme coin by market capitalization, has gained 83% this year, exceeding SOL’s spike of 77% but trailed behind DOGE and BNB, which were up 95% and 92%, respectively.

The people at the helm of affairs have been making attempts at transforming Shiba Inu into a serious decentralized blockchain project.

Recently, Shiba Inu announced a partnership with Mass, a financial solutions company, to build the finance layer of its ambitious “Shiba State.”

Price Action: At the time of writing, Shiba Inu was exchanging hands at $0.00001901, up 2,60% in the last 24 hours, according to data from Benzinga Pro.

Read Next: Remember The ‘Passports For Bitcoin’ Initiative In El Salvador? It’s Not Going So Well

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

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