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Famous entrepreneur Mark Cuban recently expressed admiration for the Shiba Inu (SHIB) cryptocurrency, prompting a response from its lead developer, Shytoshi Kusama. Cuban’s remarks have drawn significant attention to SHIB within the meme cryptocurrency sector.
Cuban’s Compliment to SHIB
On the X platform, Cuban highlighted that the success of meme coins like SHIB and Dogecoin 
$0.2046 stems from strong communities and long-term sustainability. He stated, “The long-term structure of the community determines why Doge, Shiba Inu, and a few others succeed.”
Developer’s Response to Cuban
In response to Cuban’s comments, Shytoshi Kusama tweeted, “Oh, and this is SHIBA INU.” He further suggested, “Why not align with the Shib team? Have a 10-minute conversation and see how real technology supports us with the community.”
Cuban’s Critique of Meme Coins
Cuban also voiced criticisms regarding the newly launched TRUMP token, questioning the reliability of such coins. In another tweet, he mentioned, “If meme coins are headed this way, maybe I’ll launch one too, but differently. Under the same terms as TRUMP,” indicating thoughts about his projects.
Impact on SHIB Prices
Despite Cuban’s praise, SHIB’s price dropped by 6% shortly after, currently trading at $0.00001979. However, the Shiba Inu community remains optimistic, with Kusama suggesting they have a “big week” ahead. Additionally, a price analysis by CoinGape indicated that SHIB might reach new record levels fueled by market optimism coinciding with Donald Trump’s inauguration.
The future of SHIB continues to evolve, influenced by both Cuban’s endorsement and the developer team’s planned innovations. Participants in the cryptocurrency market are closely monitoring SHIB’s price movements and developments within the project.
Ultimately, Mark Cuban’s positive remarks about SHIB and the response from its developer have strengthened SHIB’s position within the meme cryptocurrency market. These interactions offer hope for future developments for the SHIB community.
