SHIB Lead Dev Proposes Strategic Hub for Next U.S. President

SHIB’s detailed proposal to Kamala Harris & Donald Trump on election day accelerates a 8% rally for the canine crypto.

Shiba Inu sitting next to a den made of USA flag pillows, wearing a ''crypto king'' jumper.
Created by Kornelija Poderskytฤ— from DailyCoin
  • Shiba crypto price spiked 9% on United States Presidential Election Day.
  • Shytoshi Kusama draws a 10-year plan for a globally-leading crypto hub.
  • In the case of a grant, SHIB Hub aims to add $2B to the U.S. economy annually.

Shiba Inu’s (SHIB) mysterious leading developer, Shytoshi Kusama, has unfolded a long-term plan to leverage blockchain technology in the United States (USA). The plan requests collaboration with the upcoming President of the United States, whether it’s the Democratic or Republican candidate, as Americans flock to voting ballots this Tuesday.

Shiba Inuโ€™s Strategic Hub Vision for the United States

Kusama plans to reach his main goals within five to ten years, highlighting the United States government’s aspirations to maintain a frontrunner status in the field. โ€œIt is imperative for the U.S. to maintain its technological edge,โ€ asserts the blog entry for the Strategic Hub, directed at both Kamala Harris and Donald Trump.

The plan involves a three-fold infrastructure: building data centers, blockchain nodes, and networks across the 50 states. State-of-the-art research labs, incubators, and co-working spaces are mapped for educational initiatives, including renewable energy research.

Sponsored

Offering to implement Shiba inu coinโ€™s native Shibarium Layer-2 blockchain as a โ€œcity-wide blockchain network,โ€ Kusama promised low costs and a safe environment for testing and deploying Web3-based applications.

The ultimate crypto hub would attract start-ups, and its contribution to economic growth is estimated at $500 million in the first two years. In this short span, 5,000 job positions would arrive, while the five-year plan expands to 20,000 jobs and a $2 billion annual impact.

The SHIB Strategic Hub plan marks a โ€œprojected return of $10 for every $1 invested over a decade,โ€ requiring ultra-high-speed broadband networks like 5G and beyond. The estimated cost to build the blockchain infrastructure potentially ranges from $700 million to $1.2 billion.

Shiba Crypto Powers Up 8% Gains on Election Day

SHIB sparked up 8.78% on the Election Day in the United States. However, Tuesdayโ€™s bull rally was mostly dominated by Shiba Inuโ€™s rival meme coin, Dogecoin (DOGE), which soared by 12.5% to retest the $0.1765 weekly peak.

Meanwhile, Shibariumโ€™s developer Kaal Dhairya invited Elon Musk and Donald Trump to build the leading crypto hub worldwide. โ€œLetโ€™s make blockchain great again!โ€ he urged, calling SHIB the โ€œhyper-smart cousinโ€ of DOGE.

As of press time, SHIB is changing hands at $0.00001828, fetching a $738 million daily trading volume on Spot markets. SHIB is still 4% down in a seven-day time frame, but the meme coin asset saw renewed interest in leveraged plays as Derivatives volume soared to $331.35 million, according to CoinGlass.

On the Flipside

  • Despite approaching a directive towards both candidates, the blog entry is tagged with โ€œHarrisโ€ on SHIB.io.

Why This Matters

Blockchain tech and crypto have been hot topics in the recent United States political scene, with both candidates promising to nurture crypto adoption.

Read DailyCoinโ€™s trending crypto stories:

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaลกevskis is a DailyCoin Journalist, covering memecoins & latest developments. Tadas has moderate holdings in SHIB, HBAR, LTC, MATIC and a selection of low-cap meme currencies.

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