The pseudonymous lead developer of Shiba Inu has sparked widespread reactions within the SHIB community after his location marker on the X (formerly Twitter) platform changed to Singapore.
In an exciting development, X user “KURO SHIBARMY JPN,” a Shiba Inu enthusiast who shares SHIB-related events in Japan, provided an update about the location of pseudonymous lead developer Shytoshi Kusama.
The user shared a screenshot of Kusama’s X account showing a modification in his location marker. According to the screenshot, the lead developer of the Shiba Inu is currently in Singapore.
Shytoshi Kusama's current location is…
??Singapore
— KURO?SHIBARMY JPN?? (@kuro_9696_9696) January 26, 2024
SHIB Holders React
As expected, the development sparked a mixed reaction within the Shiba Inu community, with people flocking to the comment section to guess Kusama’s mission in Singapore.
While some suggested that the lead developer might have traveled to Singapore for vacation, others seized the opportunity to criticize him and other Shiba Inu ecosystem team members.
Notably, the criticism resulted from the low prices of Shiba Inu ecosystem tokens, including BONE and SHIB.
Not New
It bears mentioning that Kusama occasionally changes his location marker on the X platform. In May last year, his location changed to Japan.
This move stirred a wave of speculation among Shiba Inu community members at the time, with KURO stating that Kusama may have visited the country for a holiday. According to Kuro, Kusama’s location in Japan at the time is usually visited by tourists due to its “quality snow.”
Interestingly, Kusama also confirmed that he traveled to Japan for relaxation. In the meantime, the Shiba Inu lead developer has yet to reveal the motive behind his trip to Singapore.
SHIB Performance Since Bitcoin ETF Launch
Meanwhile, Shiba Inu has continued to change hands below the $0.00001 level since January 12. SHIB and other altcoins plummeted heavily a day after Bitcoin spot ETFs commenced trading in the United States.
Grayscale’s BTC sell-off and low interest in Bitcoin spot ETFs among traditional investors were the primary reasons behind the dip in crypto prices.
Despite the dip, Shiba Inu’s historical performance suggests that the canine-themed token could record double-digit gains in February 2024. Whether Shiba Inu will achieve this feat in the upcoming month remains to be seen.
At the time of writing this line, SHIB was changing hands at $0.00000901, up 2% in the past 24 hours.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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