In an earlier tweet, Kusama hinted at Saturday as a new date for his discussion with the community. The discussion (from his prior indications) will delve into spiritual mysteries and share insights on tech.
With the recent update in his X location to "wiring features," the Shiba Inu community remains on the lookout, as Kusama has in the past given subtle hints about upcoming developments through his X location and bio.
Kusama previously indicated his period of silence meant he was busy working on something and revealed work on a new AI application focused on relationships.
The location change to "wiring features" sparks speculation about technical updates or incoming developments, but the specific context remains unknown.
$SHIB price action
The broader crypto market saw profit-taking after yesterday's rise, which weighed on Shiba Inu's ability to sustain gains.
$SHIB moved higher on Wednesday, marking four straight days of increases, before seeing mild profit-taking. At the time of writing, $SHIB was still retaining some of its gains, up 1.5% in the last 24 hours to $0.000006144.
Shiba Inu tested the $0.00000629 level on April 22 before slipping back toward $0.0000061. The move failed to sustain above the said resistance, with selling pressure increasing toward the day's close.
A sustained break of the $0.00000629 level will be watched for $SHIB to maintain positive momentum. This positive outlook will hold if Shiba Inu continues to stay above the daily MA 50 at $0.0000059. In this case, Shiba Inu might eye $0.0000076 next, ahead of $0.000008, or consolidate a little while longer.