Shiba Inu’s pseudonymous lead developer Shytoshi Kusama offered updates on the development team’s projects and hyped investors about proving to the world what he already knew about the Shib token’s brand power.
The cryptocurrency market crash is bloody and it left none untouched, including the community-driven dog-themed altcoin Shiba Inu. Amid the chaos, Kusama, in a Twitter thread, in a way, put investors’ minds at ease. Penned to address the community, more popularly known as the Shiba Army, they teased about things they want to reveal but are not allowed to do so because of non-disclosure agreements (NDA).
“Dear Shib, I know the market conditions are tough but it’s amazing to see how #shibarmystrong is so true. We are holding @#15 despite the insanity of the world. Hail Shib! There are things we would like to reveal but at times aren’t able to because of NDAs etc.,” Kusama said.
They also highlighted that despite the criticisms faced by several Shiba Inu projects, this trying time proved that having revenue outside of the crypto market is a good idea. “Secondly, although the tactic of what people erroneously think are my pet projects (but are actually community-driven initiatives) has been ridiculed, I think we can all now see how having revenue outside the crypto space is actually a good idea,” the tweet read.
They also advised investors to buy the dip, noting, “Next, during this bear market is the best opportunity for anyone to buy Shib OR burn Shib. Ryoshi would say this, that the number doesn’t always “go up” and that it wasn’t a bad thing. Something I didn’t understand at the time.”
Kusama also hinted at the release of the projects and mentioned projects coming into fruition “over the next few weeks” when Shib (and the world) “needs it most.” He also said that he can’t “wait to prove to the world what I already know: that Shib is the most powerful token, community, ecosystem, and brand the world has ever known.”
The Shiba Inu lead developer always surfaces at the most opportune time to offer the community the assurance it needs. The development team is set to launch the Layer–2 solution Shibarium, Shiba Inu Games and “SHIB: The Metaverse” and with things already in motion, investors might not have to wait long to see them launched.
SHIB was trading down 0.75% at $0.000007775, with a 24-hour volume of $296,133,204, as of 5:44 a.m. ET on Sunday, based on data from CoinMarketCap.