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Shiba Inu’s Shytoshi Kusama Drops Bombshell: 'More Funds Are Incoming' as SHIB Prepares for Big Moves

Shiba Inu leader promises incoming funds and exciting developments. Credit: EconoTimes

Shiba Inu’s enigmatic leader, Shytoshi Kusama, has dropped a bombshell, announcing that “more funds are incoming,” fueling excitement for the SHIB community's next big moves.

SHIB Leader Promises “More Funds Are Incoming”

This past weekend, the mysterious figure known as Shytoshi Kusama—the Shiba Inu team leader—sent a crucial reminder to the SHIB army, as reported by U.Today.

A member of the SHIB marketing tea, going by the nickname Lucie, shared this message with the meme currency community after citing it. Regarding the impending SHIB DAO launch, Lucie also spoke to the SHIB soldiers.

Lucie tweeted that the Shiba Inu community should "let real holders make decisions," an apparent reference to the upcoming launch of the Shiba Inu DAO. By claiming that only individuals whose "funds are at stake" should have their news reported, she poked fun at "fudders" and "engagement farmers."

Vote on 37.5 ETH Allocation Underway

A recent tweet by the enigmatic Shytoshi Kusama stated: "It's just a start there are more funds there and incoming!" Lucie cited this statement. He was making reference to the recent vote that Kusama started to decide how the 37.5 ETH that a Shiba Inu partner, Welly's fast food chain, contributed to the SHIB team should be spent.

One possibility was to turn the money into SHIB and then burn it. There was also the possibility of retaining the ETH and distributing it among different community projects "by the wallet holder without regard to a vote of the community."

Lucie Confirms SHIB Burn Plans

A number of additional choices were also presented. Lucie tweeted in that thread that she would be burning more Shiba Inu coins with this 37.5 ETH, and Kusama responded with the same thing she already mentioned: that he anticipates more money to come in later. This sum in fiat currency is equivalent to $91,561 worth of Ethereum.

Several important upgrades are coming to the Shiba Inu ecosystem this week, according to Lucie's recent tweet.

ShibDev Tools to Launch Soon

The SHIB team is planning to launch ShibDev, a suite of tools that provides users with access to nodes, on-chain data, API management, and more. To further involve Shibarium token holders in network governance, the team plans to build the DAO discussed before.

In addition, Lucie informed the SHIB army that SHIB has been listed as collateral for futures contracts on Kraken Pro and that LEASH holders have been granted access to the beta of the new Shiba Eternity gaming version.

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