- The Shiba Inu team raised conversations with a cryptic message posted on its Twitter page.
- The post seems to suggest that the memecoin is greater than X, the social media platform.
- SHIB has enjoyed a positive run this week with its Shibarium mainnet launch just days away.
Amid rumors of X adopting a cryptocurrency for payment on its platform, the Shiba Inu team has raised speculations with a post on its official Twitter page. The tweet posted earlier today shows SHIB comparing itself to X and saying it is greater than the platform.
Despite the several comments on the post, the team declined to make any other addition or clarification. Some users responding to the tweet speculate that the tweet could mean a possible SHIB payment integration.
Since Elon Musk acquired X (formerly Twitter), the entire cryptocurrency ecosystem has been in an exciting stream. The billionaire is a long-time supporter of cryptocurrencies, contributing to the sporadic rise of tokens such as Bitcoin and Dogecoin in 2021.
In recent weeks, Elon has kept the crypto community on edge after he added the DOGE symbol to his Twitter bio. According to DOGE maxis, it is a sign that the platform could adopt the memecoin for payment. However, Elon Musk hasn’t commented on these rumors.
Elsewhere, SHIB enjoyed a positive run this week. The memecoin recently got listed on the payment platform Bill Pay. The platform launched by BitPay allows users to make payments using major cryptocurrencies.
Likewise, the Shibarium mainnet is scheduled to launch at the Blockchain Futurist Conference. With the Shibarium, the Shiba Inu ecosystem will now support the development of decentralized applications (dApps) and projects.
In addition, the Shibarium will also connect SHIB users with the Ethereum network. Ultimately, the launch of the Shibarium is expected to draw more attention to the memecoin.
Data from CoinMarketCap show that the memecoin has recorded an 18% increase in the past week. Although in the past 24 hours, the coin has declined by 1.25%. DOGE also saw a 1.67% increase in the past seven days and a 0.36% decline in the past 24 hours.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.