Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), recently shared a tweet that struck a chord with the SHIB community. The post used a striking visual analogy to compare the experience of entering the crypto world to navigating its challenges after three years.
Originally shared by a crypto enthusiast, the tweet featured two contrasting images. One showed a man paddling a canoe on calm waters, labelled “Day 1 in crypto,” while the other depicted a man swimming through a turbulent mountain river, labelled “3 years in crypto.” Kusama added his take, calling the analogy “Accurate.”
The SHIB army quickly responded, filling the post with over 98 comments. Many agreed wholeheartedly, emphasizing how the comparison reflected their experiences in the volatile crypto space.
Anonymous Whale Burns 273 Million SHIB Tokens
Over the weekend, the SHIB community witnessed a jaw-dropping burn event when an anonymous whale removed over 273 million SHIB tokens from circulation. This included a single transaction of 250 million tokens sent to an unspendable wallet.
The massive burn caused SHIB’s burn rate to soar by 412%, attracting widespread attention. The Shibburn tracking service, which monitors these burns, highlighted the event. Meanwhile, a community member identified the whale as an X user, @1cDream, known for creating the CENT meme coin.
This significant burn reinforced the SHIB army’s commitment to reducing token supply, a strategy to increase SHIB’s scarcity and value over time.
Accurate https://t.co/xTKVu62fTA
— Shytoshi Kusama
(@ShytoshiKusama) December 9, 2024
SHIB Army Strengthens Its Resolve
The SHIB community, already known for its enthusiasm, rallied around Kusama’s message and the record-breaking burn event. These developments underscored the resilience and dedication that have become hallmarks of the SHIB project.
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As the token burn drew attention to SHIB’s long-term potential, Kusama’s leadership continued to inspire the community. His ability to connect with supporters and address the highs and lows of crypto life has played a crucial role in keeping SHIB’s momentum strong.
With strategic actions like token burns and a dedicated community, Shiba Inu remains poised to thrive in the ever-competitive cryptocurrency landscape.
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