In a noteworthy statement, Shiba Inu lead developer Shytoshi Kusama has alluded to the long-term passive income opportunities for SHIB adopters. The statement revolves around the earning potential of Shiboshi NFTs. Recently, a quote attributed to Kusama, who is known by the pseudonym Shytoshi Kusama, resurfaced and sparked discussions about the potential of Shiboshi NFTs to provide passive income for SHIB investors.
The quote, “You think floor price; I think passive income for life,” was originally made almost three years ago on the Shiba Inu Discord server. LucieSHIB, Shiba Inu’s content marketer, suggests that this quote highlights Kusama’s long-term vision for Shiboshi NFTs.
The Shiboshi NFT project initially faced criticism from some members of the community who were disappointed with its performance compared to other projects, particularly Doodles NFTs. Despite launching around the same time, Doodles NFTs had a floor price of 3.5 ETH and a total volume of 28,800 ETH. In contrast, Shiboshis had a lower floor price of 0.8 ETH and a volume of 9,800 ETH.
In response to these concerns, Kusama offered a unique perspective, emphasizing the long-term passive income potential of Shiboshi NFTs. While some community members focused on short-term gains and floor prices, Kusama encouraged a broader view, seeing Shiboshi NFTs as assets capable of generating lifelong income streams.
This perspective resonated with certain community members, who expanded it to encompass the entire Shiba Inu ecosystem. The topic of passive income within the Shiba Inu community has been reignited following the recent success of SHEboshi, the latest NFT initiative from Shiba Inu. SHEboshis sold out quickly during the project’s second minting phase, indicating strong market interest and momentum. Additionally, SHEboshi achieved its first exchange listing on CoinW, solidifying its growing relevance in the crypto space.
The timing of this success aligns with a bullish trend in the broader crypto space, with SHIB emerging as a standout performer. With a market cap of $19 billion and trading volumes reaching $1.7 billion, SHIB has firmly established itself among the top ten cryptocurrencies by market value. Industry analysts speculate that SHIB could soon reach the milestone of $0.001, as it has already surpassed the psychological barrier of $0.00001.
Lucie, a Shiba Inu content specialist, has also shared her insights, suggesting a potential future value of $0.01 for SHIB. This optimistic outlook reflects the growing confidence in the project’s trajectory and its capacity to generate significant returns for investors.
As of the time of writing, data from Marketcap shows that the price of Shiba Inu is $0.00003225, reflecting a 3.33% decrease in the past 24 hours.