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A 25-second documentary has sparked excitement in the Shiba Inu (SHIB) community. The clip, put together by a community moderator and shared by Lucie, the ecosystem marketing lead, hints at a possible collaboration with Solana (SOL).
Shytoshi Kusama: What do legends do all day?
Notably, the video starts with a question for viewers: "What do legends do all day?" In a self-revealing answer, it features Shytoshi Kusama, the pseudonymous cofounder of the Shiba Inu project, engaged in various tasks.
The tasks range from routine to professional and include lawn mowing, dog walking, doing laundry and working on a project on a computer, among others. This suggests that Shytoshi Kusama is always active and looking to improve the ecosystem.
The short documentary references how a simple "Hi everyone" announcement to the crypto community has led to great things. It notes that the project has connected millions across the globe as they engage in billions of transactions in the ecosystem.
This highlights how Kusama has transformed the world's outlook on digital transactions, just like a legend. The short clip hints at a possible partnership between SHIB and the Solana blockchain with the words, "And now, it’s happening again on Solana."
Lucie confirmed this by stating that Kusama is a great project leader and builder.
Place of SHIB burn rate and network metrics
While the community awaits further clarity on this development, sentiment remains bullish.
For instance, Shiba Inu whales recently hit a six-month high in transaction volume. Whale transactions reached a peak of 24.3 trillion SHIB, indicating institutional players’ activities that precede notable price shifts.
Meanwhile, the burn rate, the SHIB ecosystem's deflationary metric, has surged. Millions of tokens were sent to dead wallets to stabilize prices as the burn rate shot up by a staggering 5,762%.
As of press time, Shiba Inu has recorded a 1.58% increase in price to exchange at $0.00001270 within the last 24 hours. This is a huge recovery from a low of $0.00001235. Volume has also registered an uptick of 21.97% to $108.36 million within the same time frame.
Vladislav Sopov
U.Today Editorial Team