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Shytoshi Kusama, an influential figure in the cryptocurrency world and a lead Shiba Inu SHIB/USD developer, gave a cryptic response to a query about the best meme coin to invest in at present.
What Happened: A user asked Kusama, Which meme coin should I buy now? on X, formerly Twitter. The cryptocurrency personality responded by tweeting, You know the answer. ?.
See Also: Arthur Hayes: Shiba Inu Killer Dogwifhat Headed To $2, Hat Stays On Following 330% Weekly Rally
Why It Matters: Kusamas answer was peppered with a Zany face emoji indicating silliness. The vague response from him comes amidst a significant upsurge in the popularity of meme coins.
The Ethereum ETH/USD based SHIB has shot up a whopping 180% so far in seven days, outperforming the gains of Dogecoin DOGE/USD . Some SHIB adherents label it as a Dogecoin Killer.
Another coin that has been generating Buzz has been the Solana SOL/USD -based Dogwifhat WIF/USD , which is up 335.5% so far this week.
It should be noted that WIF is in turn labeled a Shiba Inu Killer and it has been predicted by analyst Bluntz Capital to outperform at least two of its bigger meme rivals.
Photo by Dennis Diatel on Shutterstock
Price Action: At the time of writing, SHIB traded 29.1% higher at $0.000027, according to Benzinga Pro data.
Read Next: Dogecoin, Shiba Inu Ready To Go Crazy This Cycle, Says Crypto Analyst, But Warns They Will Never Experience The Same Insane Growth Engineered by Benzinga Neuro , Edited by Shivdeep Dhaliwal
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