Shytoshi Kusama and the SHIB community Proved that ‘Meme Coins’ Are No Joke

Kusama has led the SHIB developers to take on his vision of creating “a perpetual, decentralized, “network state” with a focus on dominating the DeFi (decentralized finance) faction of the crypto industry, they wrote. The team launched Shibarium, an Ethereum layer-2 blockchain, in August, expanding the SHIB token’s use cases from an object of speculation to a cost-effective means of settlement for DeFi applications built on the network.