Shiba Inu Creator Teases Historic Announcement Amid Market Recovery

Shytoshi Kusama, the mysterious figure behind Shiba Inu, has hinted at an upcoming announcement that he describes as the most significant in the project’s history.

After collaborating on a recent Solana-based initiative, Kusama plans to take a brief hiatus before refocusing on SHIB and its ecosystem tokens, including BONE, LEASH, and TREAT.

In a shift from his previous leadership position, Kusama recently stepped down as the main visionary of Shiba Inu.

He now serves as the project’s lead ambassador, reflecting a move toward decentralized management as the ecosystem matures.

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Meanwhile, the SHIB burn rate has taken a sharp hit, dropping by nearly 90% over the past day, according to Shibburn.

Just over 1.1 million SHIB tokens were burned in a single transaction, marking a significant slowdown in reducing the circulating supply.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.