Shiba Inu experiences a significant surge after Shytoshi Kusama’s bold proposal for a strategic blockchain innovation hub in the U.S. The announcement coincided with a substantial price increase for the cryptocurrency, SHIB.
In a recent statement, Kusama outlined his ambition to create a ‘Silicon Valley for crypto’ to position the U.S. as a global leader in blockchain technology.
The market responded positively to the proposal, leading to a 40% surge in SHIB’s price within 24 hours, reaching $0.00002727. Despite this surge, SHIB remains below its all-time high from 2021.
The Shiba Inu foundation plans to present the proposal to the incoming administration for potential support through their D.O.G.E. initiative, emphasizing the global benefits of embracing blockchain innovation.
