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Shiba Inu to Become First Trillion-Dollar Decentralized Entity

王林
Release: 2024-07-17 14:21:27
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Shiba Inu's lead developer, Shytoshi Kusama, reveals the project's ambitious goal of becoming the first trillion-dollar decentralized economy.

Shiba Inu to Become First Trillion-Dollar Decentralized Entity

Shiba Inu’s lead developer, Shytoshi Kusama, has revealed his ambitious goal for the project: to become the first trillion-dollar decentralized economy.

In his first-ever interview, granted to Arabian Business, Kusama, who was joined by top developer Kaal Dhairya, shed light on Shiba Inu’s goal and explained why they have both chosen to remain anonymous.

“Our goal is to be the world’s first trillion-dollar decentralized entity,” Kusama stated in the interview.

This suggests that he envisions Shiba Inu hitting a staggering market capitalization of $1 trillion. Given Shiba Inu’s current market cap of 589.27 trillion SHIB, hitting a $1 trillion valuation could see a unit of SHIB trade at $0.001697, up 10,386% from the current price of $0.00001618.

Elaborating on how Shiba Inu could achieve the $1 trillion valuation, Kusama anticipates an explosion in global crypto adoption from less than 5% to unprecedented levels.

He indicated that while memecoins will be the gateway to blockchain and crypto, Shiba Inu will pioneer the world’s transition from Web2 to Web3.

SHIB Is Still a Puppy

Kusama’s ambitious goal of elevating Shiba Inu to a trillion-dollar decentralized entity comes days after he called SHIB a puppy, suggesting that the token is in its early stage of growth.

The Shiba Inu lead developer made the declaration while acknowledging that many people are still unaware of his long-term vision for the dog-themed token.

He announced a global tour that will see the ecosystem team engage celebrities, industry leaders, and companies looking to transition to Web3 from Web2.

The tour, which kicked off last week in Kyoto, Japan, will help convince the world that Shiba Inu is here to stay, according to Kusama.

Kusama on Why He Wants to Remain Anonymous

As reported, Kusama, together with Dhairya, visited Mumbai, India, in masked costumes as part of the global tour.

His decision to conceal his identity with a mask has sparked concerns among SHIB enthusiasts, who are eager to see the face of the person leading the dog-themed project.

In the interview with Arabian Business, the lead developer said he values anonymity over money, adding that he is not planning to reveal his identity.

“Maybe one day in many years to come, I’ll be sitting on a beach somewhere, and I’ll show my friends a story about Shiba Inu and say, ‘I did that.’ But they probably won’t believe me,” he remarked.

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source:kdj.com
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