The main people behind Shiba Inu, Shytoshi Kusama and Kaal Dhairya, have given their first interview to Arabian Business, shedding light on their vision.
Kusama, a former Uber driver in Los Angeles, and Dhairya, a former food delivery courier in New York, now lead one of the biggest cryptocurencies in the market.
Under Kusama’s leadership, Shiba Inu’s valuation has fluctuated between $10 billion and $41 billion. They aspire to make Shiba Inu the world’s first trillion-dollar decentralized entity.
Kusama believes that memes will serve as the gateway to crypto and blockchain adoption, positioning Shiba Inu to lead the transition from Web2 to Web3. He announced that by the end of 2024, they will hand over control to the community, establishing committees to guide various aspects.
Shytoshi and Kaal disclosed that Ryoshi, the creator, had a plan to develop five tokens (SHIB, BONE, LEASH, TREAT, SHI) and various technologies to surpass Dogecoin, earning the nickname “Dogecoin killer.”
Shytoshi met Ryoshi in a chat room and presented an idea that led to their collaboration. They emphasized that SHIB’s core is about creating memes and empowering users to amplify their messages.
Kusama noted that, unlike companies reliant on charismatic leaders like Elon Musk, Shiba Inu’s structure ensures its continuity beyond individual leaders.
Solana developers have introduced a new proposal aimed at pushing the network’s performance even further.
French banking giant Societe Generale has entered the crypto space more directly, forming a strategic partnership with 21Shares.
Toncoin is about to get a major institutional boost. The Ton Foundation and Kingsway Capital have teamed up on a bold initiative: raise $400 million to create a crypto treasury entity focused entirely on Toncoin.
The legendary trader who once turned a $7,600 investment into $25 million by betting on Pepe (PEPE) once it was on no one’s radar claims that this same meme coin could rise by 40X soon. This bullish Pepe price prediction was shared by James Wynn via his social media account on X – currently followed […]