- Shiba Inu developer Kusama also addressed circulating rumors about the unreleased TREAT token on ShibaSwap, dismissing claims of its availability.
- The SHIB team has also announced the upcoming Bury 2.0 staking upgrade, set to launch on Shibarium and Ethereum.
Shytoshi Kusama, the popular lead developer of Shiba Inu, reached out to the SHIB community through his X account (formerly Twitter), introducing 鈥淕rowvember锟?as a term for November. This suggests that November could be a significant month for the Shiba Inu meme coin and other Shibarium-linked tokens.
This statement comes amid rising anticipation within the crypto community about November鈥檚 potential for bullish market movement following a not-so-fruitful October.
Shytoshi Kusama On Shiba Inu’s Growvember Venture
In his post, Kusama shared an anime-inspired GIF along with his cryptic message, stating, “Yeah, well, you won鈥檛 get quite Shy in Growvember.锟?This post quickly garnered attention, amassing 262 reposts and 1,167 likes. Notably, Kusama disabled comments on this post, creating an aura of exclusivity around his message. Besides, Shytoshi Kusama has been recently luring Ethereum co-founder Vitalik Buterin, while explaining the prowess of the Shiba Inu ecosystem, reported CNF.
The timing of this statement is intriguing as it marks the end of October, traditionally viewed as a strong month for cryptocurrencies, often referred to as 鈥淯ptober锟?due to historical market gains. By coining the term “Growvember,” Kusama hints at a possible trend continuation for SHIB price, potentially stirring further interest within the meme coin community, per the CNF report.聽
Amid the buzz around “Growvember,” Kusama addressed rumors about the TREAT token circulating on ShibaSwap. He recently responded to claims made by an X user, who suggested that TREAT was among the trending tokens on ShibaSwap. Kusama swiftly dismissed the notion, replying with a succinct 鈥淚ncorrect.锟?/span>
This comment adds to previous warnings from the SHIB team, including marketing lead Lucie who has clarified multiple times that TREAT has not yet been released. Lucie has consistently cautioned the community against potential scams and fake tokens. It’s because decentralized platforms such as ShibaSwap lack centralized control, which prevents the Shiba Inu team from removing unauthentic tokens.
Bury 2.0 Details
Alongside Growvember and the TREAT token clarification, Lucie gave the SHIB army a heads-up about the upcoming Bury 2.0 staking upgrade. Set to be available on both the Shibarium and Ethereum chains via the ShibaSwap decentralized exchange, Bury 2.0 is designed as a more sophisticated staking model.
According to Lucie, this new version will allow users to earn governance rights and receive staking rewards. It will also offer 鈥渆xclusive perks锟?with 鈥渕arket stability support锟?to the community. Moreover, Lucie reiterated her warnings about scammers as the TREAT release nears.
She advised the community to stay vigilant against fake tokens as bad actors may take advantage of the excitement around Bury 2.0 and TREAT. However, despite all the hype, not a single burn activity was noted for SHIB in the past two days, according to Shibburn data. This indicates a loss of interest in the token in the community, which could be the reason for a sluggish start for SHIB in 鈥淕rowvember.锟?/span>
