Following a brief absence spanning several weeks, Kusama, the leading developer of Shiba Inu, has resurfaced with a cryptic tweet.
September was quite a busy month for the SHIB ecosystem, with a number of noteworthy occurrences including the SHIB burn rate increasing by more than 1300%, the tremendous growth of Shibarium, the announcement of Shibarium IDs, and the developers of Shiba Inu relinquishing their commitment to the BONE contract. While all these was happening, nothing was heard from Shytoshi Kusama, the Shiba Inu lead developer on social media. But this silence just changed with a cryptic post on X (formerly known as Twitter).
— Shytoshi Kusama™ (@ShytoshiKusama) September 29, 2023
Kusama Breaks Silence
Kusama’s silence incited anticipation from majority of the SHIB community. During this period, occasionally put out content through other top SHIB ecosystem members. According to a post by Lucie, a prominent member of Shiba Inu’s development team and content marketer, Kusama had hinted on breaking his silence soon. This fueled expectations and excitement from the SHIB community, with some believing major announcements are on the horizon.
Kusama’s latest post hasn’t done much justice to this enthusiasm, as the cryptic post featured a bulging eyes emoji with no further explanation. Furthermore, the post was in reply to a post made by Shiba Inu Metaverse Advisor Marcie Jastrow about an NFT collection called “MareBears” released in collaboration with media personality Paris Hilton. In particular, the NFT posted featured the depiction of the head of a Shiba Inu dog.
Congratulations to @RSTLSSxyz@charlicohen@bendidhisbest for their new drop they even did a #shib for us. @mvshib #shibthemetaverse pic.twitter.com/ty6IrtKtzP
— Marcie Jastrow (@marciejastrow) September 29, 2023
While the post hasn’t really gotten a meaning, it has given the community something to obsess over and debate as they wait for further updates.
Important Updates On The Horizon?
SHIB has one of the fastest growing altcoin community in the crypto industry. Shiba Inu has come a long way in a short time, but still has plenty of room to run. According to Lucie’s post, many updates intended to support SHIB’s community are on the way. One of these is the growth of Shibarium.
Bitcoin trading at $27,184 on the weekend chart: TradingView.com
While the TVL under Shibarium has tanked, developers have announced the introduction of Shibarium ID. Shibarium ID, which is scheduled for an official launch by the end of October, is a platform where users can register, manage, and trade .shib web3 domains.
Although the SHIB ecosystem has had major upgrades this year, Shiba Inu’s price has been down by more than 49% since February. At the time of writing, SHIB is trading at $0.000007468 and is up by 2% in the past 24 hours.
Featured image from iStock