• Shytoshi Kusama restates commitment to anonymity, aligning with Shiba Inu's foundational ethos.

  • SHIB introduces ShibTorch on Shibarium, automating token burns to enhance efficiency.

  • Analysts forecast a potential 50% rally in SHIB price amid rising trading volumes.

Shytoshi Kusama, the pseudonymous leader of the Shiba Inu cryptocurrency project, recently reiterated his decision to remain anonymous, dismissing any speculation about revealing his identity. In a post on the social media platform X, formerly known as Twitter, Kusama stressed that his anonymity aligns with the project's ethos, originally set by Shiba Inu's enigmatic founder, Ryoshi. He conveyed that his identity does not hold importance over the community-driven focus of the SHIB project.

https://twitter.com/ShytoshiKusama/status/1825464823200543071

Following his post, a video excerpt from an earlier interview with Arabian Business magazine was shared. In it, Kusama, accompanied by SHIB developer Kaal Dhairya, emphasizes the same stance. The leaders participated in significant blockchain events in Japan and India, further promoting their project's developments without focusing on personal fame.

Community and Ethical Standards in Crypto

In parallel to Kusama's reaffirmation of privacy, the Shiba Inu community received guidance on ethical engagement from Lucie, the official social media marketing lead for SHIB. Addressing the community, Lucie advocated for a responsible and moral approach when discussing Shiba Inu online, especially among those with significant follower counts. 

Her message underscored the need for integrity in communications, urging influencers within the SHIB army to educate rather than mislead their audience. It reflects a commitment to positive contributions in the cryptocurrency space.

This call for ethical behavior arrives when the broader crypto market is under scrutiny and skepticism from the public and regulators. It marks a crucial step for community leaders in setting standards and fostering a constructive environment.

SHIB Versus DOGE: A Friendly Rivalry

Amidst maintaining his anonymous profile, Kusama also commented on the ongoing competition between Shiba Inu and Dogecoin. This rivalry has sparked initiatives on both sides to enhance their respective ecosystems. Recently, the Dogecoin community has pushed into the Web3 gaming platform, which Kusama acknowledged, noting that SHIB is not far behind with its developments, such as "Shiba Eternity."

Friendly competition extends to technological advancements, such as Shiba Inu's recently launched ShibTorch. This new Shibarium Layer 2 network feature automates the token-burning process, which was previously manual and community-driven. ShibTorch aims to streamline the reduction of SHIB’s circulating supply, enhancing predictability and efficiency in managing tokenomics.

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