Shiba Inu Developer Shytoshi Kusama Teases SHIFU Launch and Airdrop
A post by Shiba Inu lead developer Shytoshi Kusama on X has gained significant attention from SHIB holders. The post references the upcoming dog-themed meme coin SHIFU, backed by the Shiba Inu developers, triggering various reactions within the Shiba Inu ecosystem.
Kusama's post was a response to a tweet by prominent crypto investor Lark Davis, who announced that the developers behind SHIB are introducing a new token, SHIFU, described as 'The Master Of All.' He characterized it as a legitimate meme coin developed by the team behind the second-largest meme coin by market capitalization and community in the crypto space.
Airdrop Promises Stir Excitement and Doubt
Davis mentioned substantial airdrops for users holding SHIB, BUBBLE, LEASH, and IONFT. This announcement sparked speculation within the Shiba Inu ecosystem, with some predicting a 100x surge for the new meme coin upon launch.
🔥 ATTENTION SHIBA INU HOLDERS 🔥
The devs behind $shib are bringing a new dog to crypto.
SHIFU! The Master Of All!
A legit meme coin launched by the second biggest meme coin by market cap and community in all of crypto!
There will be an insane airdrop to holders of… pic.twitter.com/UBLWpFgEXm
— Lark Davis (@TheCryptoLark) December 4, 2024
Kusama responded with a cryptic message stating: “Did someone say Airdrop?” Despite excitement, some users expressed dissatisfaction, accusing the project of deception and arguing that anonymity implies fraud.
Lucie, a prominent figure in the Shiba Inu ecosystem, predicted that the crypto-holder population would triple by 2030 and encouraged early involvement with SHIFU.
SHIFU’s Potential Impact on the Shiba Inu Ecosystem
SHIFU is not the only project in development within the Shiba Inu ecosystem; TREAT, another project, will serve as the gas token for the Shiba Inu blockchain and its official reward token. When asked about the launch date, the lead developer indicated it would be “soon.”
Kusama referenced the TREAT token, calling for collective effort within the ecosystem, stating: “WE ARE SHIB AND WE ARE ALIGNED. TIME FOR A MEMLITARY OPERATION. READY?? $TREAT.” Shibarium Updates, a news page for the Shiba Inu community, confirmed that the community is ready to engage with the token.
Users are monitoring developments regarding both SHIFU and TREAT tokens. The launch of these tokens could increase activity within the Shiba Inu ecosystem and potentially drive up prices of established tokens like SHIB.
SHIB's price has resumed a bullish trend after a slight pullback, showing over a 3% increase in the past 24 hours, indicating a recovery in momentum. With ongoing projects, the token may continue its upward trajectory, though the timeline for launches remains uncertain.