TL;DR
- Shytoshi Kusama plans a 44-episode podcast to further engage the Shiba Inu community.
- Despite the announcement, SHIB’s price remains in decline, down 20% over two weeks, amid broader market correction.
The Upcoming Development
Shiba Inu’s leading developer who uses the X moniker Shytoshi Kusama recently said they will introduce a podcast in 2025. It will consist of 44 episodes and touch upon different aspects of the entire ecosystem of the meme coin.
Kusama explained that every Monday, the podcast’s topic will be meme coins, while Tuesday will be dedicated to Treat (TREAT). The token serves various purposes, including as a reward for users participating in the Shiba Inu ecosystem’s activities.
Every Thursday the streaming will feature “tech talk,” on Friday Kusama will “do shootouts and follows,” whereas Saturday will be “all about spirituality.” There will be no podcast on Wednesday and Sunday.
“Next year will be epic, and I am so excited to share what we’ve built,” the developer concluded.
The upcoming podcast represents another community-oriented effort. Earlier this year, Kusama and Kaal Dhairya (two of the anonymous developers of Shiba Inu) revealed they would step down by the end of 2024 and hand full control over to the SHIB Army. The former said this move aligns with their vision for true decentralization in the cryptocurrency space.
SHIB Price Outlook
Despite the announcement about the forthcoming development, the price of the meme coin remains in the red. It currently trades at around $0.00002165, a 3% fall on a 24-hour scale and a 20% decline in the past two weeks.
The underperformance coincides with the broader decline of the entire cryptocurrency market since the latest FOMC meeting. Recall that Bitcoin (BTC) plummeted from over $108,000 on December 17 to its current $93,500 after America’s central bank hinted that the rate cuts might be paused in 2025 due to rising inflation concerns.
One factor signaling that SHIB bulls might experience further pain in the near future is the exchange netflow. According to CryptoQuant, inflows surpassed outflows on most days last week. This suggests a shift from self-custody methods toward centralized platforms and could be viewed as a bearish factor since it increases the immediate selling pressure.
