{"id":21884,"date":"2022-07-05T01:09:58","date_gmt":"2022-07-05T01:09:58","guid":{"rendered":"http:\/\/egrowonline.com\/?p=21884"},"modified":"2022-07-05T01:09:58","modified_gmt":"2022-07-05T01:09:58","slug":"shytoshi-kusama-teases-shibarmy-heres-what-to-expect","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=21884","title":{"rendered":"Shytoshi Kusama teases ShibArmy, here\u2019s what to expect"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>Shiba Inu lead developer Shytoshi Kusama teases ShibArmy with a cryptic tweet.\u00a0<\/strong><\/li>\n<li><strong>Crypto Twitter speculates updates on Shibarium, Shiba Games, ShibaSwap or a new burn mechanism for the Dogecoin-killer.\u00a0<\/strong><\/li>\n<li><strong>Analysts suspect SHIB could liquidate bulls with its bearish trend reversal.\u00a0<\/strong><\/li>\n<\/ul>\n<p><strong>Shiba Inu project leader<\/strong> <strong>Shytoshi Kusama<\/strong> reappeared on Twitter with a cryptic tweet, after a fifteen day break. The mysterious disappearance of Shiba Inu\u2019s founder Ryoshi had pushed the spotlight on Shytoshi Kusama, the lead developer.\u00a0<\/p>\n<p><strong>Also read:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/three-factors-behind-shiba-inu-price-that-can-trigger-an-important-movement-202207011341\" rel=\"noopener\">Three factors behind Shiba Inu price that can trigger an important movement<\/a><\/p>\n<h2 class=\"fxs_headline_medium\">Shiba Inu developer posts mysterious tweet<\/h2>\n<p><strong>Shytoshi Kusama<\/strong>, the lead developer of Shiba Inu, made a comeback on Twitter with a cryptic tweet,<\/p>\n<blockquote>\n<p>Today I write. Tomorrow I will have a LOT to say #Shibarmy.<\/p>\n<\/blockquote>\n<p>Kusama addresses the <strong>ShibArmy<\/strong>, the community of Shiba Inu coin holders, in his tweet, teasing a major announcement in the project soon.\u00a0<\/p>\n<div class=\"twitter_cke fxs_external\">\n<blockquote class=\"twitter-tweet\" data-dnt=\"true\">\n<p dir=\"ltr\" lang=\"en\">Today I write. Tomorrow I will have a LOT to say <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Shibarmy?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#Shibarmy<\/a>.<\/p>\n<p>\u2014 Shytoshi Kusama&#x2122; (@ShytoshiKusama) <a target=\"_blank\" href=\"https:\/\/twitter.com\/ShytoshiKusama\/status\/1543670758685163526?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 3, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<p>The <strong><a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/this-event-could-trigger-a-recovery-in-shiba-inu-price-202206291353\" rel=\"noopener\">Shiba Inu<\/a> ecosystem <\/strong>has a few projects under development. Creator <strong>Ryoshi<\/strong> had kickstarted the development of <strong>Shibarium, a layer-2 scaling solution<\/strong>, and Shiba Games under his leadership. Since Ryoshi\u2019s disappearance there have been consistent updates in the meme coin\u2019s ecosystem.\u00a0<\/p>\n<p>Before the recent tweet, <strong>Kusama<\/strong> affirmed that the development of <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/coinbase-commerce-adds-support-for-dogecoin-and-shiba-inu-meme-coins-fail-to-recover-202206290940\" rel=\"noopener\">Shiba Inu<\/a> projects is going well and the community can expect an exciting announcement within the next few weeks. ShibArmy believes Kusama could reveal a key update on the development of Shibarium or a <strong>release date for the layer-2 scaling solution<\/strong>.\u00a0<\/p>\n<p>The <strong>Unification Foundation<\/strong> told ShibArmy in a blog post on June 24 that <strong>Shibarium\u2019s beta phase will be launched in Q3 2022<\/strong>. Shibarium is key to the Shiba Inu ecosystem and SHIB holders as the launch of the layer-2 solution would power the development of applications in the meme coin\u2019s network.\u00a0<\/p>\n<p>Shibarium\u2019s launch could considerably reduce the transaction costs and time required to process transactions in the <strong>Shiba Inu ecosystem<\/strong>.\u00a0<\/p>\n<h3 class=\"fxs_headline_medium\">Kusama teases ShibaSwap update?<\/h3>\n<p><strong>ShibaSwap was launched in July 2021<\/strong>, since Shiba Inu\u2019s decentralized exchange is fast approaching its anniversary, it is likely <strong>Kusama could share an update on the DEX<\/strong>.\u00a0<\/p>\n<p>The native decentralized exchange of the Shiba Inu ecosystem has emerged as a staple of SHIB, and provides several functions like<strong> token swapping and liquidity pools, staking, governance and a \u201cShiboshis\u201d non-fungible token (NFT) marketplace.\u00a0<\/strong><\/p>\n<h3 class=\"fxs_headline_medium\">Shiba Inu hits burn milestones, mechanism could change?<\/h3>\n<p><strong>Shibburn<\/strong>, the portal that offers insights on the burn implementation in Shiba Inu, revealed that <strong>SHIB recently crossed the milestone of 410 trillion burned tokens<\/strong>. With the massive burn in Shiba Inu, the <strong>ShibArmy <\/strong>expects a change in the burning mechanism to speed up the act of removing SHIB tokens permanently from circulation.\u00a0<\/p>\n<p>Over <strong>41% of the circulating supply of Shiba Inu has been permanently destroyed<\/strong>, while the remainder is in circulation or staked on ShibaSwap. A shift in the burn mechanism could help SHIB pick up pace and destroy more tokens, contributing to a spike in value of Shiba Inu held by the community.\u00a0<\/p>\n<h3 class=\"fxs_headline_medium\">Analysts predict Shiba Inu price decline<\/h3>\n<p>Akash Girimath, a crypto analyst at <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\" rel=\"noopener\">FXStreet<\/a>, believes <strong>Shiba Inu price could disappoint bulls <\/strong>as the meme coin begins its downtrend. Shiba Inu price recently recouped its losses from the last fourteen days, but it is likely that bears will take over the <strong>Dogecoin-killer<\/strong>.\u00a0<\/p>\n<p>Shiba Inu\u2019s fair value gap extends from $0.0000082 to $0.0000093. The analyst believes there is a <strong>likelihood of panic selling in Shiba Inu <\/strong>and the meme coin could eventually drop lower to its FVG.\u00a0<\/p>\n<div class=\"youtube_cke fxs_external\">\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"This is the reason why Shiba Inu price might liquidate bulls\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/4lR1YsKuHEw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/shytoshi-kusama-teases-shibarmy-heres-what-to-expect-202207041328\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu lead developer Shytoshi Kusama teases ShibArmy with a cryptic tweet.\u00a0 Crypto Twitter speculates updates on Shibarium, Shiba Games, ShibaSwap or a new burn mechanism for the Dogecoin-killer.\u00a0 Analysts suspect SHIB could liquidate bulls with its bearish trend reversal.\u00a0 Shiba Inu project leader Shytoshi Kusama reappeared on Twitter with a cryptic tweet, after a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[1048,164,8847,9528,9526,9527],"class_list":["post-21884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-expect","tag-heres","tag-kusama","tag-shibarmy","tag-shytoshi","tag-teases"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/shytoshi-kusama-teases-shibarmy-heres-what-to-expect_Large.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21884"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21884\/revisions"}],"predecessor-version":[{"id":21886,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21884\/revisions\/21886"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/21885"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21884"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}