📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Shytoshi Kusama Reveals Plan to Bring Shiba Inu into Top 5 Cryptocurrencies
Shytoshi Kusama, the main developer of SHIB, recently shared his plan for the development of Shib into a utility token on social media. Kusama has outlined a plan to take SHIB from the top 15 to the top five cryptocurrencies by market capitalization within five years while operating with limited resources. The mysterious leader has annotated it with goals illustrated by AI-generated images showing the challenges of achieving such accomplishments. A man standing amidst the disaster in an office setting effectively depicted the challenges of the main task. Kusama pointed out that his statements are not predictions but goals. He emphasized that the team must know their commitment to this long-term plan.
Speed Record of Shiba Inu's Burning Rate The burning rate of Shiba Inu has also increased, leading to a decrease in the circulating token supply. According to Shibburn, in the past 24 hours, the burning rate has increased by 5,545.73%. In addition, 61,468,595 SHIB tokens have been sent to dead wallets. The largest burn amount is 48,266,929 SHIB in transactions. This increase continues and the burn rate is pushed up by over 24,000%. In total, 270,751,087 SHIB tokens were burned in one day, with the largest transaction being 209,312,491 tokens. The increase in the burn rate aligns with the community's efforts to reduce the token's supply and drive its long-term value. SHIB is trading at $0.00002521, up 1% in price range compared to yesterday. This burning mechanism still plays an important role in the token economy model and ensures investors' trust in this currency. Prospects for Shiba Inu in the Context of Rising Market Prices The cryptocurrency market has recently surged due to political changes in the United States. Furthermore, leading coins such as Bitcoin and Solana have established new highs. However, SHIB has not yet reached a new all-time high, with the previous highest level of SHIB being 0.00008616 dollars in October of this year. However, the leadership and SHIB token community continue to have positive prospects. Based on the prediction that 2025 will be like a 'super cycle' until 2021, the current market environment is compared to the environment before the recent big price increase. Higher demand, community-based projects and listings on leading exchanges remain key factors for SHIB to be on the list to create another price increase. DYOR! #Write2Win #Write&Earn $SHIB {spot}(SHIBUSDT)