Monday, May 16, 2022
Home Crypto News Market Shiba Inu Lead Developer Share His Life Story, Urges Crypto Investors Not...

Shiba Inu Lead Developer Share His Life Story, Urges Crypto Investors Not to Contemplate Suicide Amid Price Dip 

- Advertisement -
Follow-Us-On-Google-News

The Shiba Inu lead developer has proposed ways to keep cryptocurrency investors strong amid the ongoing price dip.


 

Cryptocurrency investors have suffered tremendous losses over the past few days, with the total market crashing over 30% in the last seven days.

Investors’ Reaction to Price Dip

A series of investors’ capitulations have been reported and many are yet to fathom when the current crypto dip will end.

Many investors have seen their life savings become insignificant over the last couple of days, especially people who are heavily invested in Terra-related cryptocurrencies, and on top of the ugly incident, the Fear, Uncertainty, and Doubt (FUD) will not stop.

Reports have emerged of some cryptocurrency investors committing suicide as they cannot endure their losses over the past few days.

Suicide Is Not An Option

Based on recent developments in the cryptocurrency market, Shytoshi Kusama, the lead developer of Shiba Inu, has urged digital currency investors to stay strong regardless of the massive dip currently being experienced in the market.

The pseudonymous Shiba Inu lead developer said he had also gone through difficult moments in life that prompted him to contemplate suicide on numerous occasions. However, all attempts he made to end his life ended in futility.

“Many nights I wondered why I even exist, and once (or twice), decades ago, I attempted to leave this earthly sphere as the hurt and pain were too much to bear. Except I didn’t go. Tried it. Didn’t work,” the pseudonymous Shiba Inu lead developer said today in a Medium post.

Shytoshi Kusama reckons that maybe the reason why all attempts to end his life failed was that he has a greater purpose, adding:

“Now, years later, I stand before you whole, focused, and wise enough to tell you that if I have a purpose, so do you. And leaving is not it.”

“Cryptos Will Always Be Here”

Shytoshi Kusama noted that killing oneself over cryptos is not worth it because the nascent industry will always be here and will come out stronger like it has always done in the past.

He called on investors going through difficult times to talk to family and friends in the cryptocurrency space to help keep their hopes alive until things stabilize once again.

“Though the market is down for everyone, a simple news check should remind you that adoption isn’t going to slow. In fact, the adoption of crypto by multiple countries, industries, and elites, should let us know that Digital Currencies are the future,” he added.

In the end, he said that Crypto is the future:

“The final thing I want to say. Though the market is down for everyone, a simple news check should remind you that adoption isn’t going to slow. In fact, the adoption of crypto by multiple countries, industries, and elites, should let us know that Digital Currencies are the future.”

SHIB Down 25% In 24 Hours

Meanwhile, the massive dip that has rocked the cryptocurrency market in the past few days did not spare Shiba Inu’s native token SHIB.

SHIB, which was trading above $0.00002000 on Thursday last week, fell to a low of $0.00000914, data on Coingecko shows.

The cryptocurrency is also been down over 25% in the last 24 hours, thus causing further panic across the Shiba Inu community.

- Advertisement -

Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

California ‘Cardinale Automotive Group’ Now Accepts Shiba Inu (SHIB) As Payment

California Business "The Cardinale Automotive Group" Now Accepts Shiba Inu (SHIB) as a Payment via BitPay. The Cardinale Automotive Group, one of the Central Coast...

Shiba Inu’s Shibarium To Match Ethereum Layer-2 Scaling Platform Polygon’s Operability, Scalability, and Security 

Shibarium Will Have Polygon’s Features of Operability, Scalability, and Security. window.coinzilla_display = window.coinzilla_display || ; ...

Is Bitcoin Going Below $20K Or Are Institutional Investors Buying Again? CryptoQuant CEO Explains

Institutional Investors Could Be Accumulating BTC Through Market Makers after Strong Selling. window.coinzilla_display = window.coinzilla_display || ; ...

Why Is Bitcoin The Most Popular Cryptocurrency?

Bitcoin is the most popular cryptocurrency because it was the first one created. Bitcoin is also a decentralized currency, not subject to government or...

How Can Bitcoin Affect Asics, a Sports Equipment Company?

Asics, the brand behind the popular running shoes, is a company that has a significant market share worldwide and is one of the biggest...

Top Hedge Fund Manager Who Warned Investors, Says Terra’s Project Was Destined to Fail Due To High Yield

The hedge fund manager said Terra failed because the system was designed to enrich investors and the team. ...

SHIB Army Burns 449.98 Million Shiba Inu In 24 Hours, 2.17 Billion In A Week

2.17 Billion Shiba Inu (SHIB) Burnt within the Last 7 Days and 449.98 Million During Last 24 Hours. ...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.