US Politician Admires Shiba Inu Price Pump Says, ‘Thanks We Are Not PEPE’

Shiba Inu registered a notable price increase over the past seven days compared to PEPE and other meme coins. This price recovery amid bearish market trends did not go unnoticed by prominent meme crypto investors.

In a June 19 tweet, a prominent US politician, Shannon Bray, admired Shiba Inu’s price pump, saying he is thankful for not investing in Pepe Coin (PEPE). The politician acknowledged Shiba Inu’s precedence in market recovery over other meme coins.

Bray Hypes SHIB’s Performance, Calls for Actions to Sustain Price Momentum

Bray had expressed unprecedented support for the meme token less than a week ago when he said he would still buy SHIB tokens when he gets a new pay. 

Given SHIB’s remarkable recovery after a massive price decline, Bray encouraged the Shiba Inu community to sustain the price momentum. The politician urged Shiba Inu enthusiasts to take action and spread the word to build excitement across the meme space.

Bray’s tweet acknowledged that Shiba Inu’s listing on Robinhood Markets gives it a competitive advantage over other meme tokens. He asserted that Pepe Coin, Shiba Inu’s closest rival, would never attain a Robinhood listing.

However, Bray’s shading against Pepe Coin did not sit well with the PEPE community. Responding to Bray’s tweet, a crypto enthusiast noted that no animosity exists between the PEPE and SHIB communities. 

He likened the PEPE and SHIB community to dogs and frogs coexisting in nature, adding that they only dislike the greedy, selfish apes in the meme coin space.

Bray responded, apologizing to Pepe holders and noting that he did not mean to offend. He explained that he only intended to highlight SHIB’s advantage in the recovery market, adding that he doesn’t expect Robinhood to host another meme token for a while.

“Sorry $pepe holders, [I] didn’t mean any offense. I just don’t expect RH to host another community token for a while; therefore, #shib has an advantage on market recovery. #Shib is on just about every exchange. I am hoping you all pump as well,” Bray said.

Shiba Inu Makes a Remarkable Comeback, Reclaims 17th Largest Crypto

Recently, Shiba Inu made a landmark recovery, outpacing Avalanche (AVAX) to gain a 17th position among top cryptocurrencies by market cap. 

CoinMarketCap data shows SHIB now has a market cap of $4.2 billion, ahead of AVAX, which ranks 19th with a marker cap of $3.91 billion.

Shiba Inu has amassed a seven-day price gain of 9.66%. The meme token now trades at $0.0000071 with a 24-hour price decline of 4.05%. Shiba Inu remains listed on several crypto exchanges despite a massive delisting of top crypto assets.

Meanwhile, in a recent development, a prominent US-based crypto exchange, Bakkt, delisted Cardano (ADA), Polygon (MATIC), and Solana (SOL) following the SEC lawsuit against Coinbase and Binance. The regulation had listed ADA, MATIC, and SOL, among other cryptocurrencies, as securities.