Shytoshi Kusama Says Goodbye To Shiba Inu

Bittime - Shytoshi Kusama, the figure behind the success of Shiba Inu, recently announced that he is preparing the “biggest announcement” ever regarding the blockchain ecosystem. This statement immediately caught the attention of the crypto community, especially fans and investors who have long followed Shiba Inu's journey. 

In a teasing tweet, Kusama revealed, “After taking a break, I will return to focusing on Shib, Bone, Leash and Treat while preparing for the biggest announcement I have ever made.”

This announcement comes after some time Kusama moved from his role as Shiba Inu's main visionary to the position of project ambassador. This decision marks a major change in the direction and strategy that Shiba Inu will take going forward.

New Focus for Shiba Inu and Its Tokens

Kusama, who has been known as a key figure in the development of Shiba Inu, is now directing his focus on the three main tokens in the Shiba Inu ecosystem, namely Bone, Leash, and Treat. Apart from that, Kusama also mentioned a new project involving consumer tokens, namely SHY. This token is claimed to have a solid approach and has the potential to compete with large companies such as Hasbro.

However, behind the great enthusiasm and hope brought by this announcement, there are also big challenges that must be faced. The SHY token itself has recently experienced a significant price decline, recording a decline of up to 72% in the last 24 hours. Its market capitalization is now listed at just over $6 million, indicating the uncertainty that exists in the market.

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Shiba Inu TREAT: A Meme Token with Unique Potential

On the other hand, the Shiba Inu community is also excited about the launch of their newest token, namely Shiba Inu TREAT (TREAT). This token is not just a meme token, but was designed with the aim of providing real benefits such as rewards, governance and liquidity for its users. TREAT is part of a larger strategy that is being worked on by Kusama and his team to develop the Shiba Inu ecosystem.

With the presence of TREAT, Shiba Inu now has more tools to compete in the cryptocurrency market, where token diversity and utility are key to success in attracting investor attention.

Shiba Inu Strategy Change

One of the interesting things about Kusama's statement was the emphasis on the importance of better execution and communication. Since his transition to the role of ambassador, Kusama said that the Shiba Inu project now requires more concrete action and clear messaging to the community. This shows that Shiba Inu is ready to set its sights on further development and not just on the grand vision they once had.

This change could be a signal that Shiba Inu will be more serious about building its ecosystem, and not just become a popular meme project without a strong foundation. With a greater focus on implementation and execution, Shiba Inu can become more competitive in the growing crypto market.

What is the Impact on the Shiba Inu Community?

Kusama's announcement will certainly have a big impact on the Shiba Inu community. On the one hand, the enthusiasm and high expectations for this big announcement show that many people still believe in Shiba Inu's potential to develop further. However, challenges such as falling SHY prices and uncertainty in the market mean that long-term success cannot be guaranteed.

With the launch of TREAT and Kusama's new focus, the Shiba Inu community hopes to see more innovation and new projects that will increase the market's value and trust in their ecosystem. If Kusama's big announcement really brings about significant changes, then Shiba Inu could go further than just a meme project, becoming a more serious force in the cryptocurrency world.

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Conclusion

Shytoshi Kusama has created a stir with her announcement which is yet to be fully revealed. With a renewed focus on execution and communication, as well as the development of new tokens such as Shiba Inu TREAT, Shiba Inu seeks to transform from just a meme phenomenon into a more sustainable blockchain ecosystem.

However, with SHY prices dropping and uncertainty in the market, only time will tell if these changes will be successful. For investors and Shiba Inu fans, now is a good time to pay attention to further developments and see if Kusama can really make an announcement that will change the fate of Shiba Inu in the future.

FAQ

What is the biggest announcement by Shytoshi Kusama?

Shytoshi Kusama revealed that he is preparing a big announcement related to the Shiba Inu ecosystem and the projects within it. Although the full details are not yet known, this announcement is expected to bring significant changes in the strategy and development of the Shiba Inu token.

What is Shiba Inu TREAT (TREAT)?

Shiba Inu TREAT is the newest utility meme token in the Shiba Inu ecosystem. This token is designed to provide benefits such as rewards, governance, and liquidity to its users. TREAT is part of an effort to strengthen Shiba Inu's position in the cryptocurrency market.

Why is the SHY token experiencing a price drop?

SHY token, which is a new project developed by Kusama, experienced a significant price drop of 72% in the last 24 hours. This can be caused by various factors, including market uncertainty and lack of investor interest, despite the token's initial promise of having great potential.

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Reference

Yahoo Finance, Shytoshi Kusama's 'Biggest Announcement Ever' Tease Triggers Rally In Shiba Inu Ecosystem Tokens, accessed 3 February 2025.

Author: MF