The chief developer of Shiba Inu will launch a new project focused on SHIB and explain why 2025 will be an 'epic year'
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The chief developer of Shiba Inu (using the X nickname Shytoshi Kusama) recently stated that they will launch a podcast in 2025. It will consist of 44 episodes and cover various aspects of the meme coin ecosystem.
Kusama explained that every Monday, the podcast's theme will be meme coins, while Tuesday will be dedicated to discussing Treat (TREAT). This token has multiple uses, including serving as a reward for users participating in Shiba Inu ecosystem activities.
Every Thursday, the live stream will feature 'Tech Talks,' on Fridays, Kusama will 'engage in gun battles and focus,' and Saturdays will be 'all about spirituality.' There will be no podcast on Wednesdays and Sundays.
The upcoming podcast represents another community-oriented effort. Earlier this year, Kusama and Kaal Dhairya (two anonymous developers of Shiba Inu) revealed that they would step down by the end of 2024 and hand over full control to the SHIB army. The former stated that this move aligns with their vision of achieving true decentralization in the cryptocurrency space.
SHIB Price Outlook
Despite the announcement of upcoming development plans, the price of the meme coin remains in a loss state. It is currently trading at approximately $0.00002165, down 3% in the last 24 hours and down 20% over the past two weeks.
This poor performance aligns with the overall decline of the cryptocurrency market since the latest FOMC meeting. Recall that after the U.S. central bank hinted at a possible pause in interest rate cuts in 2025 due to heightened inflation concerns, Bitcoin (BTC) plummeted from over $108,000 on December 17 to the current $93,500.
One signal that SHIB bulls may suffer further pain in the near future is the net flow on exchanges. According to CryptoQuant data, inflows exceeded outflows for most days last week. This indicates a shift from self-custody to centralized platforms and can be seen as a bearish factor as it increases immediate selling pressure.
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