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Home » Cryptocurrency » The Calm Before the Storm?
SHIB CB 2 1
Cryptocurrency

The Calm Before the Storm?

CryptoAINewsBy CryptoAINewsMarch 17, 2025No Comments3 Mins Read
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TL;DR

  • SHIB’s former lead developer hasn’t posted on X since March 7, leaving some puzzled, although Shibarium’s advertising and marketing strategist reassures that Kusama is just targeted on ambassadorial duties.

  • Many SHIB proponents stay optimistic, anticipating main partnerships or developments as soon as Kusama resurfaces.

Kusama Disappears

Over the previous few years, Shytoshi Kusama – the pseudonymous former lead developer and strategist behind the favored meme coin Shiba Inu (SHIB) – has been very energetic on X, typically giving details about the venture’s progress, partnerships, or different developments.

Nonetheless, they’ve been suspiciously quiet these days. The final time the developer interacted on X was on March 7, reposting Astra Nova’s dive into the world of AI leisure.

Whereas some neighborhood members had been left baffled about Kusama’s absence on the social media platform, LUCIE (Shibarium’s advertising and marketing strategist) sees no drama. They reminded that the developer has grow to be an envoy of the venture and “is doing precisely what he introduced he would.”

“I’m positive he can have lots to speak about as soon as he returns to socials,” LUCIE added.

Most feedback on the submit had been fairly constructive, with some customers expecting “groundbreaking partnerships” for Shiba Inu as soon as Kusama breaks their silence. 

‘A New Position: Similar Masks, Totally different Process’

Kusama disclosed their shift from a lead developer to an envoy in direction of the top of January of this yr. Again then, they explained that the transition occurred as a result of “there isn’t a extra imaginative and prescient wanted, solely execution and communications.”

“A brand new position: Similar masks, totally different process. I’ll now be Shiba Inu lead ambassador (for those who don’t thoughts). My job transferring ahead might be to information initiatives concerned with constructing with the 36 Chambers of Tech (rebranded to ShibOS just because there are greater than 36 now) and serving to them implement world options in any respect ranges with our applied sciences,” the announcement reads.

Kusama’s assertion was adopted by a double-digit correction for Shiba Inu’s value. The valuation tumbled to round $0.000176 earlier than shortly rebounding.

Nonetheless, the spike was short-lived, and SHIB continued its downtrend within the following months. As of this writing, it trades at round $0.00001316, representing a 25% decline in comparison with the determine noticed on the time of Kusama’s January disclosure. 

SHIB Price
SHIB Value, Supply: CoinGecko
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