Shiba Inu Developer Highlights Internal Struggles and Calls for Unity
Kaal Dhairya, a developer of Shiba Inu, addressed internal issues affecting the project's progress amid a market dip. While SHIB faces increased competition and is slipping in rankings, Dhairya emphasized that community divisions are the primary challenge hindering development.
Key Issues Identified
- Internal splits within the community slow down SHIB's development.
- Decision-making often influenced by personal biases rather than project potential.
- Legitimate projects face distrust driven by rivalries among influential individuals.
- The need for transparency regarding personal gains from promotions within the community.
Focus on Unity and Governance
- Dhairya stated unity must be prioritized as SHIB's ranking dropped to 22nd.
- SHIB's market cap currently stands at $7.17 billion after a price drop from $0.00001437 to $0.0000116.
- Community efforts should focus on external challenges from rival projects and centralized exchanges.
- Proposed measures include improved decision-making tools and support for value-adding projects.
- Advocated for empowering Shiba Inu’s DAO with a quad-token governance model and ethical guidelines.
