Shytoshi Kusama, the pseudonymous leader of the Shiba Inu ecosystem, shares a mysterious message on his X account, suggesting an imminent parabolic rally for SHIB.
According to the X post, the Shiba Inu leader shared a cryptic message containing the word “Growvember.” The post, which reads, “Yeah, well, you won’t get quite Shy in Growvember,” was accompanied by an anime-styled animated GIF.
Bullish November?
Even though Kusama locked the comment section, the post has attracted the attention of several Shiba Inu community members. It currently boasts 28,600 views, alongside 1,046 likes and 236 reposts.
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While the comment remains locked, some enthusiasts quoted the tweet to suggest that Kusama might be expecting a bullish November for Shiba Inu ecosystem tokens.
https://x.com/thecryptobasic
For context, investors normally consider October to be the most bullish month for digital assets. Interestingly, October 2024 did not disappoint as the prices of various digital assets, ranging from cryptos to stocks, skyrocketed massively.
Apparently, Kusama has included November, which he referred to as “Growvember,” to the list of months expected to be bullish for cryptos.
Analyst Anticipates a Bullish November for SHIB
Besides Kusama, several crypto experts expect November to be favorable for cryptos. Specifically, Shiba Inu’s community figure and analyst Oscar Ramos
projected
that Bitcoin (BTC) would register a new all-time high (ATH) record in November.
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The analyst speculated that the move would positively impact the altcoin market, benefiting Shiba Inu ecosystem tokens, including SHIB.
SHIB Current Performance
In the meantime, SHIB has witnessed a decline of 4.20% since the beginning of this month. Despite the correction, SHIB is still up 5.53% over the past seven days and 3.94% in the past 24 hours.
Shiba Inu Investors have remained bullish this month, as they expect the outcome of the U.S. presidential election to positively impact crypto prices. With less than three days left before the election commences,
data
from Polymarket shows pro-Bitcoin presidential candidate Donald Trump has a 58% chance of emerging victorious, while his opponent Kamala Harris has 42%.
Crypto prices, including Shiba Inu, are expected to skyrocket this month if Trump is reelected in the next few days. Conversely, a win for Harris could bearishly impact crypto prices.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.