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Shiba Inu Team's Bullish Post on X Sparks Surge, Echoing Vitalik Buterin's Influence

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Sheena Jordan reporter

Thu, 29 Aug 2024, 21:44 pm UTC

Vitalik Buterin's bullish post on X inspired the SHIB team's similar move, boosting SHIB prices. Credit: EconoTimes

Shiba Inu's team fueled excitement among its followers with a bullish X post, mirroring a similar message from Ethereum's Vitalik Buterin, leading to a noticeable SHIB price increase.

SHIB Team Fuels Excitement with Bullish Post

The SHIB army has taken notice of the official X social media account for Shiba Inus after it published a "bull" post that was influenced by Vitalik Buterin, U.Today shares. A brief spike in the price of Ethereum occurred after the cofounder of the cryptocurrency made a comparable post on his X handle.

One of the SHIB accounts shared a photo of a bull perched on a rock. A sheet of paper with the words "Shiba is good" written on it is dangling from the bull's neck. A week ago, Vitalik Buterin, a Canadian developer with Russian roots, released the original post with the same bull and the sign "Ethereum is good."

Buterin Urged to Show Confidence on X

However, Buterin did reveal that he had just been advised to engage in "less philosophizing" regarding X and instead demonstrate his confidence in his own coin. This led to the cartoonish graphic style of the tweet featuring the bull. The price of the second-largest cryptocurrency briefly surged after that post.

In response to repeated requests that he occasionally show optimistic sentiment toward Ethereum (ETH) on X, Buterin tweeted with an AI-generated graphic reading "Bullish on Flux. Bullish on Ethereum" on August 27th. The Shiba Inu community went absolutely wild after the SHIB team's bull post, publishing replies in which they agreed with the message and shared AI-generated photographs of Shiba Inu.

SHIB Price Rises Following Bullish X Post

With a price gain of about 4% in the last 24 hours, SHIB—the second-largest cryptocurrency with a canine theme—is now trading at $0.00001412.

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