Shytoshi Kusama, the famous leader of the Shiba Inu project, announced that he was resigning from his position as leader Shiba Inu. After years spent leading the Shiba Inu ecosystem, Kusama revealed that he was leaving his post as a visionary principal to assume a new role of Shibiba Inu principal ambassador. This change comes as the project continues to grow and make its mark in the web3 space.
Shiba Inu: the same corner to the web leader3
In his announcement, Kusama has thought about the evolution of Shiba Inu. Starting from a simple vision inspired by the project founder, Ryoshi, the ecosystem has developed in a robust web3 framework.
Under his direction, key projects such as Shibaswap, Shibarium and tokens such as Bone, Leash and Treat have been developed. Kusama stressed how much Shiba Inu has become more than a simple cryptocurrency. It now serves as a “network state”, offering tools to help governments, businesses and individuals to go from web2 to web3.
While some projects like Shibacon and Stablecoin Shib are still underway, Kusama has expressed his pride in the path traveled by the community.
The new role of Kusama
With his new role as main ambassador, Kusama aims to promote the global adoption of Shiba Inu technologies. A key objective will be the promotion of Shibos, a series of renowned tools designed for transparent integration of the web3.
By associating with world leaders, companies and NGOs, Kusama plans to strengthen the Shiba Inu ecosystem and improve its position in the decentralized technological space.
He also mentioned working on personal projects, such as the development of “44 principles to triumph in crypto”, while ensuring that all collaborations align with Shiba Inu technologies.
Peak of the burning rate of the Inu Shiba in a context of market drop
Despite Kusama’s announcement, Shiba Inu remains active. The tokens’ combustion rate jumped 856 %, removing 6.27 million traffic tokens, according to Shibburn.
However, the price of Shiba Inu experienced a decline, down 11 % at $ 0.00001789, with a market capitalization of $ 10.5 billion.