Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The Shiba Inu team lead, known by the pseudonym Shytoshi Kusama, seems to be continuing with his travels around the globe. The SHIB community keeps watching his location tags changing on X/Twitter.
The most recent one has raised a heated and rather humorous discussion among members of the SHIB community. Here’s where the mysterious Shytoshi Kusama has been spotted this time around.
Kusama heads for the Maldives, here’s potential reason
Japanese SHIB army member @kuro_9696_9696 has tweeted to spread the word about Shytoshi Kusama’s new location – the Maldives.
On March 19, he was spotted in New York City thanks to X, and prior to that, in March, his location tags on Twitter included Japan, Hong Kong, Puerto Rico and several cities in the U.S. SHIB’s lead developer Kaal Dhairya has also been moving around – his location tag showed Dubai.
Last year, one of Kusama’s location tags showed that he visited Niseko, Japan. At about the same time, he published a message in Discord saying that he was taking a chance to relax and enjoy himself “just like everyone else.” The SHIB community concluded that Shiba Inu lead and Ryoshi’s partner in building SHIB was finally on vacation. Since the Maldives is also known as a popular resort destination, odds are that Shytoshi Kusama is also relaxing on the beach at the moment.
In the comments thread, some users giggled at Kusama moving from one country to another so fast, saying things like: “I’m convinced Shy’s a pilot or he’s flying on Shiba airlines” and “Since Shytoshi is a Saiyan, he can fly at high speed.”
SHIB burn rate plunges
According to data shared by Shibburn, within the last 24 hours, the SHIB army has succeeded in disposing of a large SHIB amount: almost 10 million. This is much smaller than was burned on Thursday though. The overall burn rate has plunged by more than 70%.
The two largest burn transactions on this list carried 4,111,000 and 4,000,000 SHIB to unspendable blockchain addresses.
In the meantime, activity on layer-2 blockchain Shibarium, which allows the SHIB army to conduct their personal SHIB burns, has dropped significantly recently. At the time of this writing, this metric has reached a low of 48,730 transactions.
