Shiba Inu Lead Dev Confident in Shibarium to Survive Without Him

Shiba Inuโ€™s mysterious community leader gave a heads up on stepping down, but thereโ€™s a catch.

Shiba Inu on a floating coin watching a person float away on a cloud.
Created by Kornelija Poderskytฤ— from DailyCoin
  • Shiba Inu inked 16.9% in the last week, restoring multiple support lines.
  • Shibburn catapulted by 6,936% yesterday as BTC touched $30,000.
  • Shibariumโ€™s mainnet launch is due this year with a few preceding steps.

In a recently penned blog post, the mysterious leader of Shiba Inu announced plans to step down from his role at SHIB Token, but not before the completion of ongoing works. Pursuing Ryoshiโ€™s vision, the lead dev Shytoshi Kusama explained that many things are still on the checklist.

Whatโ€™s Next Up for Shiba Inu Ecosystem?

First, the new Shibarium physical studio is still the main talking point, as the SHIB Army members can submit their created designs for the Champion NFT hoodie contest. In the latest blog on ShibaSwap, Kusama explained that submissions for this contest are open until the 28th of June, 2023.

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Secondly, according to earlier statements, Shiba Inuโ€™s Ecosystem expects to see SHIB: The Metaverse by Q4 of 2023. Along with these major projects, two new coins by SHIB Token are set to see the light of day during the journey: $SHI stablecoin and $TREAT. Even though thereโ€™s no official launch date, bad actors on social media are already using these upcoming product names to set up phishing sites.

Finally, Shy Kusama unraveled that heโ€™s working on a โ€œWorldpaper,โ€ which will summarize the ongoing activities and clarify what has been done up to this point. Other initiatives include the Shibacon, which Ryoshi mentioned in the โ€œWoofpaper.โ€ Shy also mentioned the blockchain version of Shiba Eternity but assured he wouldnโ€™t step down as the community leader until โ€œit will no longer be necessary.โ€

Kusama assured the community that he was not a quitter. The community strives towards a fully decentralized self-sufficient blockchain โ€œto prove to the world that we not only start strong, but finish even stronger.โ€

On The Flipside

  • Despite the clear statement on SHIB Tokenโ€™s blog about the timing of this decision, the shadowcats, a term coined by Shy Kusama to name the food and uncertainty (FUD) spreaders online, have been spreading rumors that Shytoshi Kusama would step down unexpectedly amid the crucial mainnet work still ongoing.

Why This Matters

Shiba Inuโ€™s roadmap for Shibarium L2 is crucial for the community, popularly known as SHIB Army.

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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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