Shiba Project Leader Inu Shytoshi Kusama Visits New York

JAKARTA - Shytoshi Kusama, the anonymous leader of the Shiba Inu team, is currently in New York. This sparked speculation and confusion among the memecoin community. This mysterious journey adds to the list of frequent location changes by Kusama, which previously covered Kyoto, Pittsburgh, Hong Kong, and Puerto Rico.

As reported by U.Today, Kusama's presence in New York coincided with a drastic drop in the number of transactions on the Shibarium blockchain, which on March 18 only recorded 36,060 daily transactions. This figure is much lower than more than one million transactions a few days earlier. This decline raises questions about the future of the Shibarium and the BONE tokens used for transaction fees in the Shibarium.

Fortunately, there is good news emerging from Shiba Inu. The latest development on the Shiba Eternity project, which has attracted more than 500,000 players, is expected to provide a positive boost to the community. Kusama has also revealed that the Shibarium will be used by the Manny Pacquiao Foundation for fundraising and operational purposes.

While the market is experiencing a correction, the price movements of SHIB and BONE are expected to take momentum and steal market attention. K9 Finance, SHIB's partner, recently launched the KNINE token, adds to the diversity of the Shiba Inu ecosystem.

Kusama, who frequently warns against fraud, urged the community to be wary of fake KNINE tokens. These measures demonstrate ongoing efforts to strengthen Shiba Inu's position in the volatile crypto market.