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Shytoshi Kusama, the pseudonymous figurehead behind the Shiba Inu ecosystem, unleashed a fiery broadside against his critics in a recent episode of the Limited Edition podcast, branding them as “fudders” (those spreading fear, uncertainty, and doubt).
In a passionate defense of the project's progress, punctuated by impressive statistics, Kusama vowed to prove the naysayers wrong.
Shiba Inu in 2024: A Top Crypto Asset
The limited edition podcast, titled “Meme Mania and the 36 Chambers of Tech,” aired first on Shib: The Metaverse, featured Kusama addressing what he described as a constant barrage of negativity despite Shiba Inu's significant achievements. Among the highlights:
Shiba Inu's market cap, which stood at $400 million during the project's early days, has now surged to over $13 billion.
Over 1.2 million Shibarium beta testers have signed up within a week of the announcement.
Shiba Eternity, the project's collectible card game, has seen over 100,000 downloads in Australia alone.
Kusama Challenges Critics, Rejects Fraud Allegations
“How dare you?” Kusama exclaimed, directly addressing his critics. “We worked hard to make this a success. People put in endless hours.” He highlighted the negative impact of the FUD on the community and team, adding, “You have destroyed many of our lives.”
Moreover, Kusama flatly rejected claims of mismanagement and “rug pulls,” underscoring the decentralized nature of Shiba Inu and the efforts of its global team.
“You think that we just took the funds from a wallet and put it in our pocket and didn't pay payroll?” he asked incredulously.
Shifting his focus, Kusama expressed his suspicion that the true motives of those spreading negativity may be to buy at the bottom, manipulate the price of Bone, or even promote scam projects. He urged these individuals to instead use their technical skills for positive purposes, such as helping the community rather than defrauding it.
Shiba Inu: A Commitment to Growth
The podcast episode, while largely a defense against critics, also included a forward-looking message of determination. Kusama acknowledged, “There's a lot more that needs to be done, and there's things that we can do better.”
Concluding the episode, Kusama highlighted a friend's perspective that “fame is built on FUD” and declared that the project would use this criticism as a driver.
“Go right ahead and watch me prove you wrong,” he declared, vowing to showcase the Shiba Inu ecosystem's success.
The episode comes at a time of increased volatility and scrutiny in the cryptocurrency space. Shiba Inu, initially launched as a meme coin, has been working to transform itself into a more robust decentralized ecosystem.
The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
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