Shytoshi Kusama's clarifying point is to break the simplistic perception of SHIB's success within the community, emphasizing that while token burning is important, it is not the determining factor. His response mainly conveys the following layers of meaning:
1. Token burning is not the only success factor
While burning SHIB can reduce circulating supply and theoretically enhance token scarcity, Kusama believes that SHIB's success relies more on multidimensional strategic layout. He cites SHIB's performance of a 192% increase in 2023 as an example, indicating that significant growth was achieved even with limited burning efforts, demonstrating that market value is not solely driven by burning operations.
2. Diversified growth strategy
Kusama emphasizes that the expansion of SHIB's ecosystem includes:
Shibarium Blockchain: Promoted the burning of billions of SHIB and functional transactions.
Enhanced practicality: Developing more practical application scenarios to strengthen SHIB's intrinsic value.
Strategic Cooperation: Collaborating with companies from different fields to expand SHIB's user base and market influence.
He compares SHIB's growth to the success of McDonald's, not relying on a single product, but achieving substantial development through marketing, location selection, and comprehensive strategies.
3. Long-term community involvement
Kusama calls on the community not to overly focus on burning actions, but to emphasize support for ecosystem building and governance improvement. He believes that only by developing sustainable sources of income and attracting more user participation can a solid foundation be provided for token value and burning actions.
4. The results and potential of burning actions
Although the burning action is only a part of SHIB's strategy, it does play a role in the ecosystem. For example:
Since the launch of Shibarium, over 56 billion SHIB have been burned.
The total amount burned since the project's launch has reached 410.74 trillion SHIB.
Kusama emphasizes that the burning action will continue to play a role in the improvement of the SHIB ecosystem, but should not be the sole focus.
Insights from the market and community
This discussion indicates that investors and supporters need to view SHIB's development potential more comprehensively, focusing on the actual utility of the ecosystem and diversification strategies, rather than just relying on burning to drive price increases. The development of Shibarium and future cooperation plans will continue to bring potential value to SHIB.
This viewpoint has sparked widespread discussion in the cryptocurrency field, indicating that SHIB is not just a speculative product, but is gradually enhancing its market position through ecosystem expansion.