1. Shiba Inu (SHIB) has seen a 12% price increase in the past week, though it has not yet reached its 2021 highs.
2. Davinci Jeremie, an early Bitcoin adopter, endorsed SHIB on Twitter, sparking positive reactions within the crypto community.
3. Jeremie has a track record of accurately predicting Bitcoin's growth, with BTC recently surpassing $35,000.
4. Memecoins like Shiba Inu attract investors and traders due to their high volatility and potential for quick profits.
5. Despite recent gains, SHIB has not reached its all-time high levels from the end of 2021.
6. Jeremie's endorsement of SHIB has generated excitement in the community, with hopes that SHIB's value could increase in the future.
7. Jeremie's fame in the crypto community stems from his early support of Bitcoin more than a decade ago, when he advised people to invest just $1 in the cryptocurrency.
8. Bitcoin's value has surged significantly since then, recently surpassing $35,000 after more than a year and a half.
9. The endorsement of SHIB by someone with a history of accurate predictions has drawn attention to the memecoin.
10. Investors are now keeping an eye on SHIB as they consider their options in the altcoin market.