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Shiba Inu Founder’s Absence Fuels Crypto Market Mystery

Crypto Market Mystery
Crypto Market Mystery

Lucie, social media marketing lead for the Shiba Inu team, highlighted the project’s core principles in a tweet quoting Shiba Inu developer @shibarium_ and Ryoshi, the founder of SHIB coin. Adding a touch of humor, she included an image of a “cat-Samurai”.

In actions mirroring Bitcoin’s elusive creator Satoshi Nakamoto, Ryoshi has receded from social media since late May 2022, erasing his tweets and blog entries. This isn’t the first time Ryoshi has taken such measures. He did the same when Shiba Inu Coin launched in August 2020. His actions fuel speculation and curiosity among crypto-enthusiasts and investors. Despite his absence, the SHIB meme coin continues to create an impact in the volatile crypto market.

Prior to his withdrawal, Ryoshi stressed that his presence was not essential to the SHIB community. He left the message to them to “take the SHIBA and journey upwards frens”. This echoes Nakamoto’s own mysterious departure from the public eye. Despite the mystery, Ryoshi always communicated openly with the SHIB community, encouraging them to progress independently.

Lucie, using her platform, recently guided the Shiba Inu community through the burgeoning scams in the crypto space. She reiterated the significance of two-factor authentication and the need for diligent research before engaging in any crypto-related activity. She urged community members to keep each other informed about suspicious activities and emphasized the importance of diversifying their portfolio.

Lucie’s warning came at a time when fraud has significantly increased in the crypto sector. Scammers often deceitfully convince individuals to part with their cryptocurrency by promising doubled returns, and then run off with the money leaving the victims unable to retrieve their funds. It’s a harsh reminder that the crypto world, whilst inviting, remains fraught with risk.

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