Shytoshi Kusama Addresses the Shiba Inu Community, Teases Upcoming Crypto Airdrops

Shytoshi Kusama, the lead developer for Shiba Inu, recently addressed the community on Twitter, expressing optimism for collaborations and initiatives

Shytoshi Kusama, the lead developer for Shiba Inu, recently addressed the community on X, expressing optimism for collaborations and initiatives within the SHIB ecosystem. In addition, he also teased the possibility of upcoming crypto airdrops for the community.

Shiba Inu Lead’s Latest StatementEmphasizing his role in the project’s growth, Kusama stated, “I am happy for any legit collaboration that plans on building on, partnering with, or airdropping ShibArmy. I just need people to understand I am not part of everything.”

For the record I am happy for any legit collaboration that plans on building on, partnering with, or airdropping ShibArmy. I just need people to understand I am not part of everything. I can not, nor do I want to be, part of every project.

Wish them all the best and us all…uh…

— Shytoshi Kusama™ (@ShytoshiKusama) November 28, 2024

Emphasizing his role in the project’s growth, Kusama highlighted his desire to contribute to specific endeavors. He expressed his preference for not being involved in every project connected to SHIB, stating, “I can not, nor do I want to be, part of every project.” Kusama concluded his statement by extending his best wishes to all parties involved in expanding the ecosystem.

The Shiba Inu community, known for its dedication to reducing SHIB's supply, achieved a remarkable feat with a drastic surge in the token’s burn rate. Over the past 24 hours, the burn rate soared by an astonishing 23,265%.

Community BurnAmid Kusama's statement, the Shiba Inu community successfully burned approximately 270.7 million SHIB tokens, a collective effort that aligns with the project's deflationary goals. Notably, Shibburn recorded the largest burn, with wallet address 0x0b5fe executing a 209.3 million SHIB burn. This single transaction alone accounted for nearly 77% of the total daily burn volume.

Other significant burns included 48.2 million SHIB burned by wallet 0x86839 and 6 million SHIB burned from wallet 0xa713e. These efforts ultimately aim to enhance the token's long-term value by reducing its circulating supply.

Also Read: Shiba Inu Burn Rate Skyrockets 23265%, SHIB Price to the Moon?