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    Home»Crypto News»Shiba Inu Lead Developer Reveals Where The Project Is Headed
    Crypto News

    Shiba Inu Lead Developer Reveals Where The Project Is Headed

    dfrancis36By dfrancis36July 13, 2024No Comments3 Mins Read
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    Shiba’s Inu lead developer, Shytoshi Kusama has disclosed his ambitious plans for Shiba Inu (SHIB). His vision for the crypto project involves multifaceted approaches including market capitalization growth and technological advancement.  

    Shiba Inu Targets Trillion Dollar Milestone

    In his first exclusive interview with Arabian Business, Kusama shared a rare glimpse of his life before becoming Shiba Inu’s lead developer, clarifying that contrary to speculations, he was not SpaceX and Tesla CEO, Elon Musk. The Shiba Inu developer also threw light on his future plans for Shiba Inu, emphasizing the ultimate goal of transforming Shiba Inu into the first trillion dollar decentralized entity. 

    Kusama disclosed that Shiba Inu’s goals since its inception have become substantially larger and more exciting over the years. He revealed that the fact that less than 5% of the world’s population have adopted crypto indicates a huge potential for SHIB and the crypto space as a whole.  

    The lead developer also emphasized that the Shiba Inu team view meme coins as the gateway to crypto and blockchain technology, with Shiba Inu transforming into a brand that will lead the world from Web2 to Web3.

    He also disclosed that Shiba Inu intends to take market share from tech giants like Google and move the world from the era of centralization to decentralization. And to do this, Kusama has stated that Shiba Inu will have to become the first decentralized currency to attain a trillion dollar market capitalization.

    Also speaking in the interview was Kaal Dhairya, Shiba Inu’s key programmer who disclosed that to stay relevant, many businesses will need to transition to Web3 technology in the coming years. He revealed that as new brands emerge, offering superior engagement and innovative revenue, Shiba Inu will be committed to assisting these unique brands. 

    Dhairya also highlighted that SHIB will focus on devising tailored strategies that would seamlessly integrate them into the Web3 ecosystem, ensuring their relevance and potential success in the evolving digital space. 

    SHIB market cap currently at $9.9 billion. Chart: TradingView

    Kusama Asserts ‘We Are The Meme Kings’

    As one of the most popular meme coins in the space, Shiba Inu has ascended to the position of the second largest meme based cryptocurrency in the space, giving it more authority and credibility than most meme coins in the market. 

    “We helped build the meme industry and we are meme kings, whether we like it or not – and that wasn’t our intention. Or the plan,” Kusama stated. 

    During his interview, Kusama revealed that his long term ambitious vision for Shiba Inu was to create a technology that would last forever from at least 100 to 1,000 years. To achieve this, Shiba Inu will need to have an incredible framework, a decentralized and robust community, incredible partners and an operating system that is globally accessible and user friendly. 

    Kusama has asserted that Shiba Inu already possesses all these qualities, as such it has accomplished feats no other initiatives could even imagine. 

    Featured image from Pexels, chart from TradingView

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