As an analyst with extensive experience in the cryptocurrency market, I find the recent updates from the Shiba Inu team particularly intriguing. The enigmatic leadership of Shytoshi Kusama and the dedicated work of marketing lead Lucie are undeniably shaping the future of this meme coin.
Over the weekend, the mysterious head of the Shiba Inu group, known as Shytoshi Kusama, issued a crucial message to the SHIB community.
In simpler terms, anonymous figure “SHIB‘s Marketing Lead” (let’s call them L for convenience) shared this information, helping it reach a broader audience within the Shiba Inu coin community. Additionally, L spoke to the Shiba Inu community about the upcoming launch of SHIB Decentralized Autonomous Organization (DAO).
“More funds are incoming”: Shytoshi Kusama
Lucie published a tweet, in which she urged the Shiba Inu community to “let real holders make decisions,” thus hinting at the approaching launch of the Shiba Inu Decentralized Autonomous Organization (DAO). She took a dig at “fudders” and “engagement farmers”, saying that news only should be taken from those voices whose “funds are at stake.”
Lucie referred to Shytoshi Kusama, who stated in a recent tweet, “This is just the beginning; there are more funds coming!” This statement pertains to the latest vote initiated by Kusama regarding the 37.5 ETH sent to the SHIB team from Welly’s chain of fast food restaurants, a Shiba Inu partner. The proposed uses for these funds included converting them into SHIB for later burning, keeping the ETH and using it for various community projects, or other suggested options.
As a researcher, I recently found myself in a conversation with Lucie on social media regarding the topic of burning Shiba Inu coins using 37.5 ETH. She expressed her readiness to contribute this amount towards that purpose. In response, Kusama shared his expectation that more funds would be coming our way at a later stage. To put it into perspective, this 37.5 ETH translates to approximately $91,561 in fiat currency.
Lucie teases SHIB upgrades coming this week
As an analyst, I’m excited to share that, in a recent tweet, Lucie hinted at some significant updates set to roll out within the Shiba Inu ecosystem this very week.
In essence, the SHIB group plans to unveil ShibDev, a platform brimming with tools such as API management, node access, and on-chain data provision. Furthermore, they aim to debut the mentioned DAO, empowering Shibarium token holders to engage in the network decision-making process.
Additionally, Lucie brought up that Shiba Inu community members should be aware of the recent addition of SHIB to Kraken Pro for use in futures contracts as collateral, and that LEASH owners now have early access to the latest version of the Shiba Eternity game beta.
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2024-09-02 11:59