financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Shiba Inu’s Shytoshi Kusama Vanishes from X: The Calm Before the Storm?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Shiba Inu’s Shytoshi Kusama Vanishes from X: The Calm Before the Storm?
Mar 17, 2025 6:30 AM

TL;DR

SHIBs former lead developer hasn’t posted on X since March 7, leaving some puzzled, though Shibarium’s marketing strategist reassures that Kusama is simply focused on ambassadorial duties.

Many SHIB proponents remain optimistic, expecting major partnerships or developments once Kusama resurfaces.

Kusama Disappears

Over the past few years, Shytoshi Kusama the pseudonymous former lead developer and strategist behind the popular meme coin Shiba Inu (SHIB) has been very active on X, often giving information about the projects progress, partnerships, or other developments.

However, they have been suspiciously quiet lately. The last time the developer interacted on X was on March 7, reposting Astra Novas dive into the world of AI entertainment.

While some community members were left baffled about Kusamas absence on the social media platform, LUCIE (Shibariums marketing strategist) sees no drama. They reminded that the developer has become an ambassador of the project and is doing exactly what he announced he would.

Im sure he will have a lot to talk about once he returns to socials, LUCIE added.

Most comments on the post were quite positive, with some users expecting groundbreaking partnerships for Shiba Inu once Kusama breaks their silence. 

A New Role: Same Mask, Different Task

Kusama disclosed their shift from a lead developer to an ambassador towards the end of January of this year. Back then, they explained that the transition occurred because there is no more vision needed, only execution and communications.

A new role: Same mask, different task. I will now be Shiba Inu lead ambassador (if you dont mind). My job moving forward will be to guide projects interested in building with the 36 Chambers of Tech (rebranded to ShibOS simply because there are more than 36 now) and helping them implement global solutions at all levels with our technologies, the announcement reads.

Kusamas statement was followed by a double-digit correction for Shiba Inus price. The valuation tumbled to around $0.000176 before quickly rebounding.

Nonetheless, the spike was short-lived, and SHIB continued its downtrend in the following months. As of this writing, it trades at around $0.00001316, representing a 25% decline compared to the figure observed at the time of Kusamas January disclosure. 

SHIB Price, Source: CoinGecko

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Major Pi Network (PI) Achievement Ahead of Open Network Launch
Major Pi Network (PI) Achievement Ahead of Open Network Launch
Feb 15, 2025
TL;DR Pi Networks follower count on X has surged to 3.7 million, placing it among the top five most-followed cryptocurrencies globally. The upcoming Open Network launch is set to make Pi tokens publicly tradable, with major exchanges like Bitget, OKX, and MEXC on board. Pi Network Flips Ethereum on This Front The controversial cryptocurrency project Pi Network has been around...
Coinbase Reports $2.3B in Revenue, Eclipsing Analyst Expectations
Coinbase Reports $2.3B in Revenue, Eclipsing Analyst Expectations
Feb 14, 2025
On Feb. 13, Coinbase reported revenue for the fourth quarter of 2024 to the tune of $2.3 billion which equated to adjusted earnings per share of $4.68, up from $1.04 in the same quarter of 2023. Its quarterly revenue was up 88% year-over-year which translated to a net income of $1.3 billion for the period. The firm also reported a...
Michigan Lawmakers Propose Bitcoin Reserve Investment Plan for State Treasury
Michigan Lawmakers Propose Bitcoin Reserve Investment Plan for State Treasury
Feb 14, 2025
A new legislative proposal in Michigan seeks to create a Bitcoin reserve as part of the states financial strategy. On February 13, Representatives Bryan Posthumus and Ron Robinson put forward HB 4087, a bill designed to update the states Management and Budget Act by incorporating Bitcoin investments. With this, Michigan now joins 19 other states in the US that have...
Ripple (XRP) Price Explodes to Two
Ripple (XRP) Price Explodes to Two
Feb 15, 2025
TL;DR XRP briefly surpassed $2.80, driven by the SECs acknowledgment of 21Shares XRP ETF application. Analysts predict further gains, with targets ranging from $2.94 to $3.03 if the price maintains momentum above key support levels. The Rally Goes on Ripples XRP has been at the forefront of gains in the past few days, outperforming most cryptocurrencies from the top 20...
Copyright 2023-2025 - www.financetom.com All Rights Reserved