Altcoin Rumored To Be Created by Shiba Inu (SHIB) Developer Suddenly Goes Parabolic, Nearly Doubles in Two Weeks

The Ethereum (ETH)-based memecoin is believed to have been created by the same developer behind Dogecoin (DOGE) rival Shiba Inu (SHIB), with the rest of the crypto market trading flat. It has made huge profits in the last two weeks.

Since early February, Digital Tsuka (TSUKA) has risen more than 45%, and was up 94.4% over an 11-day rally from a low of $0.072 to $0.140.

Over the same timeframe, King Crypto Bitcoin (BTC) fell 3.6% while ETH fell 2%.

Dejitaru Tsuka prides itself on being a decentralized community centered around meditation, reflection and research.

Shiba Inu Ryoshi pseudonymous developer and creator is believed to be the mastermind behind Dejitaru, according to some members of the SHIB community.

SHIB enthusiasts say some of the posts Ryoko used regarding the Shiba Inu are the same ones used on Dejitaru Tsuka’s blog. and Ryoshi is the only account that Digital follows on Twitter.

Members of the TSUKA community also wrote an edited version of Ryoshi’s blockchain message to the media. directordemonstrating their belief that a mysterious crypto veteran is behind the new memecoin project.

Mimecoin reached A new milestone yesterday. According to digital or official Twitter accounts, there are 10,000 TSUKA holders worldwide.

TSUKA news following the whale wallet of unknown origin Accumulate Over 10,200,000,000 SHIB tokens worth approximately $131 million at the time of writing. Similar to Polygon (MATIC) on Ethereum, the Shiba Inu community is also looking forward to his Shibarium, a proposed Layer 2 system aimed at making SHIB transactions more efficient.

At the time of writing, SHIB is trading at $0.00001269.

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Featured image: Shutterstock/sdecoret/Zalevska Alona UA