'Dogecoin Killer' Shiba Inu Developers Outline Future Plans In First-Ever Interview

The once anonymous leaders, Shytoshi Kusama and Kaal Dhairya, of the world’s largest decentralized community, Shiba Inu SHIB/USD, have broken their silence in their first-ever interview with Arabian Business.

What Happened: After weeks of negotiations and security protocols, the interview occurred in a café at 3 a.m. in the morning. Both Kusama and Dhairya remained completely concealed during the interview and the subsequent photoshoot. Once an Uber driver in Los Angeles and a food delivery courier in New York, Kusama, and Dhairya now helm the second most-traded cryptocurrency in 2023, second only to Bitcoin.

Under Kusama’s leadership, Shiba Inu has seen its valuations swing between $10 billion and $41 billion. Their ambition is to make Shiba Inu the world’s first trillion-dollar decentralized entity. Currently, less than 5% of the world is on crypto. They predict that memes will be the gateway to crypto and blockchain while Shiba Inu will be the brand that will lead the world from Web2 to Web3.

Kusama added that by the end of 2024 they will hand everything over to the community and we step away. He stated that there will be committees of people who will lead certain things.

Also Read: ‘Dogecoin Killer’ Shiba Inu’s Burn Rate Swells By Staggering 3641%, Daily Active Users Jump

Why It Matters: Shytoshi and Kaal revealed that Ryoshi had a specific plan to create five tokens (SHIB, BONE, LEASH, TREAT, SHI) and multiple pieces of technology. He initially assumed if someone could build all these things, then it could overtake Dogecoin. "That was also the plan – he was the Dogecoin killer."

Shytoshi revealed how he met Ryoshi in a chat room and submitted a simple idea to him which the latter termed as a great idea and they went on to work on it. He roped in Kaal as he knew he was the tech genius he needed alongside him.

Arabian Business reported, citing Dhariya, that SHIB is all about creating memes and that is what they want, "People build their things with it, and our job is to give them the ability to amplify their message."

Kusama noted that while people think they are just a meme but they have a structure that can let them do business with anyone in this world. He said that if there is no Elon Musk, there is no Tesla but if there is no Shy or Kaal Shibu is still there.

What’s Next: The influence of meme coins is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.

Read Next:

• ‘Dogecoin Killer’ Shiba Inu Burn Rate Increases Burn Rate For 3 Straight Days: What Is Going On?

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image: Shutterstock