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Shytoshi Kusama Hints at Exiting SHIB Project

October 9, 2024
in Altcoin3
Reading Time: 4 mins read
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Shytoshi Kusama Hints at Exiting SHIB Project
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Shiba Inu lead developer Shytoshi Kusama has started some rumors and speculation because of a cryptic repost on X. He shared a message from user Tsukiyomi Mishima, which said, “I think this will be the last chapter to my story…” The post also included a very well-known wave print.

Shiba Inu lead developer Shytoshi Kusama has started some rumors and speculation because of a cryptic repost on X. He shared a message from user Tsukiyomi Mishima, which said:

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“I think this will be the last chapter to my story…”

The post also included a very well-known wave print, which you can see below.

What does this mean? Join us as we speculate on the possible reasons for this repost!

Also Read: Crypto Chaos: Turkey’s Discord Ban Shakes Investor Confidence

Shytoshi Kusama’s Potential Exit: Implications for Shiba Inu, ShibaSwap, and the Crypto Market

shiba inu shib shytoshi kusama india mumbai airport
Source: LatestLY

Decoding the Message

The post included “The Great Wave off Kanagawa,” a famous Japanese print. This combination has led to much speculation about Kusama’s plans.

Possible interpretations include:

  1. Kusama’s departure: The most straightforward interpretation is that Kusama plans to step down from his role in the SHIB project, following in the footsteps of founder Ryoshi.
  2. Major project milestone: The “last chapter” might be pointing to the completion of a significant phase in Shiba Inu’s development, possibly related to ShibaSwap or other ecosystem components.
  3. Metaphorical “moon” reference: In crypto parlance, the moon often symbolizes large price increases. Could Kusama be hinting at an imminent price surge for SHIB?

Wave Symbolism

The “Great Wave” image deepens the mystery. It could represent:

  1. Upcoming challenges for SHIB
  2. A new direction for Shiba Inu, possibly involving ShibaSwap improvements
  3. A fresh start for the project

Market Response

SHIB’s price dipped slightly after Kusama’s post, trading at 0.00001763, down 0.41% in 24 hours. Investors seem wary of the cryptic message.

Also Read: Gold Emerges As The Best Investment Beating US Dollar Out The Line

Community Reactions

The SHIB community has varied theories:

  1. Some expect a major project announcement, perhaps about ShibaSwap
  2. Others fear a leadership gap if Kusama leaves
  3. A few think it’s just to create buzz and influence SHIB’s price

Also Read: Ripple: How Long Should You Wait For XRP To Hit $3?

Kusama’s post has reignited interest in Shiba Inu.The crypto market is watching closely to see what this “last chapter” means for SHIB!

Credit: Source link

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