Pseudonymous Shiba Inu (SHIB) lead developer Shytoshi Kusama is proposing a strategy to onboard more people into the dog-inspired crypto asset as billions of the memecoin’s tokens are burned.
In a series of tweets on social media platform X, Shytoshi Kusama lays out a plan to spur the perpetual global adoption of Shiba Inu.
The developer says coin burning, a deflationary process of removing tokens from circulation to increase the crypto asset’s value, will have a more significant outcome once the token becomes mainstream.
“Impactful burns will only take place through global adoption.”
Kusama’s idea of getting SHIB adopted worldwide hinges on collaboration among crypto stakeholders.
“We’ve seen adoption trickle in through 2023, but what can be done to ensure SHIB adoption worldwide perpetually? For this, a web of decentralized leaders, early adopters and those tired of the status quo must usher in a new era of crypto, blockchain and web3.
This is a major shift from memes a
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