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'When Conversation, Elon Musk': Shiba Inu Lead Shytoshi Kusama Breaks Silence

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Fri, 12/07/2024 - 15:49
'When Conversation, Elon Musk': Shiba Inu Lead Shytoshi Kusama Breaks Silence
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Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu (SHIB) ecosystem, recently granted his first interview, outlining a bold vision for the project's future. Kusama addressed speculation regarding his identity, clarifying he is not tech entrepreneur Elon Musk, despite past cryptic messages.

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However, his closing remark on his X page – "Wen conversation Elon Musk? lol" – hinted at a potential future dialogue.

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Kusama's recent appearances at conferences in Japan and India focused on ambitious expansion plans for the Shiba Inu ecosystem. Building on the groundwork laid by founder Ryoshi, the team has cultivated a thriving decentralized community within the Web3 landscape.

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Their ultimate objective? Establishing the first trillion-dollar decentralized economy.

Dream or reality?

Shiba Inu (SHIB) currently sits in 13th place in the ranking of top cryptocurrencies by market capitalization according to CoinMarketCap, with a figure of $9.56 billion. As of July 12, 2024, SHIB is priced around $0.00001649. This reflects a slight increase of around 2% compared to the previous 24 hours.

Meanwhile, DOGE boasts a market cap of roughly $15.48 billion. To claim the top meme spot, the Shiba Inu token still needs a staggering increase of 63% at minimum.

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Source: CoinMarketCap

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This climb for sure will not be a walk in the park. As things stand, SHIB's price would need a substantial boost, or DOGE's price would have to take a tumble, for the former to close the gap.

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