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From Meme to Movement: Shiba Inu’s Quest to Surpass Dogecoin

From Meme to Movement: Shiba Inu’s Quest to Surpass Dogecoin

CoineditionCoinedition2024/07/12 20:28
By:Ikemefula Aruogu
  • Shiba Inu aims to become the world’s first $3T decentralized entity.
  • Kusama believes SHIB will lead the world from Web2 to Web3.
  • SHIB is one of 5 tokens in an original masterplan.

Shiba Inu’s lead developer, Shytoshi Kusama, has stated that the memecoin project aims to become the world’s first trillion-dollar decentralized entity. Kusama shared this ambitious goal during his first-ever interview, alongside fellow anonymous SHIB creator Kaal Dhairya.

According to Kusama, less than 5% of the world’s population has adopted cryptocurrency. However, he predicts that number will explode, with memecoins serving as the gateway to crypto and blockchain. The SHIB developer also believes Shiba Inu will be the brand that leads the world from Web2 to Web3.

Kusama and Dhairya participated in an interview conducted in a specially designed studio, maintaining their anonymity. According to the interviewer, both SHIB creators presented a regular appearance but with well-thought-out plans for the future of the Shiba Inu project.

Notably, despite Kusama and Dhairya leading Shiba Inu, the memecoin originated with another pseudonymous individual, Ryoshi. The pair noted that Ryoshi’s original plan was to create five tokens and multiple pieces of technology with the goal of overtaking Dogecoin.

Kusama noted that Ryoshi’s plan remains intact and includes the creation of SHIB, BONE, LEASH, and TREAT as memecoins. Of these, only TREAT has yet to launch, and Kusama confirmed it is in development. The fifth token is SHI, a stablecoin, according to Kusama. He also noted that the Shiba Inu project will create more technologies in the future, such as Shiba Swap.

Meanwhile, Kusama recruited Dhairya as a trusted ally to help achieve Ryoshi’s mandate of creating a decentralized community. According to Kusama, Shiba Inu is a network where people can build their own solutions, with the decentralized platform empowering them to amplify their message.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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