The Shifu token, a new meme coin, has generated significant buzz and some controversy within the Shiba Inu community. Launched through a collaboration between Shiba Inu and the blockchain platform Imaginary Ones, Shifu has raised questions about its role within the Shiba Inu ecosystem, particularly after its presale and its delayed launch on Shibarium.
So @shifu_token isn't launching on #Shibarium yet @ShytoshiKusama @kaaldhairya and @LucieSHIB are shilling the f@&k out of it ?. Is profits from this token going to buy and burns of $shib or into $bone and the #shib ecosystem ? No FUD just what am I missing here ?
— SHIB Australia 🇦🇺 (@SaitamaAussie) December 18, 2024
Airdrop and Community Concerns
In early December, it was announced that 30% of the Shifu supply would be airdropped to holders of Shiba Inu’s SHIB, BUBBLE, LEASH, and the IO NFT. This airdrop created excitement, but the delayed launch on Shibarium has left some Shiba Inu community members puzzled. The delay prompted one community member to voice concerns on X (formerly Twitter), questioning why Shifu hadn’t launched on Shibarium, especially considering the endorsements from prominent figures such as Shytoshi Kusama, Shiba Inu’s lead developer, Kaal Dhairya, and Lucie.
🔥 ATTENTION SHIBA INU HOLDERS 🔥
— Lark Davis (@TheCryptoLark) December 4, 2024
The devs behind $shib are bringing a new dog to crypto.
SHIFU! The Master Of All!
A legit meme coin launched by the second biggest meme coin by market cap and community in all of crypto!
There will be an insane airdrop to holders of… pic.twitter.com/UBLWpFgEXm
Additionally, the community member sought clarification on whether the profits from Shifu would contribute to Shiba Inu’s token burn initiatives or benefit the broader ecosystem. The inquiry was presented as a genuine request for information rather than an attempt to spread fear, uncertainty, and doubt (FUD).
Kusama’s Response and Shifu’s Future
In response, Kusama addressed the concerns, explaining that Shifu is a legitimate project and that the majority of the supply will indeed be airdropped to SHIB, LEASH, and BONE holders. He emphasized that while Shifu was not yet launched on Shibarium, it could be integrated in the future, alongside other collaborative efforts.
Kusama reassured the community that the delay and confusion were likely due to misunderstandings, stressing that the Shifu token is intended to benefit the Shiba Inu ecosystem. He also reminded the community that the team is offering “FREE tokens” and that the project’s long-term potential remains a focus.
Shiba Inu’s Strategy and Community Response
Kusama also addressed frustrations related to SHIB’s price, emphasizing the hard work that had gone into building the Shiba Inu ecosystem. He encouraged the community to remain patient, stating, “Until then, enjoy FREE tokens.” The original poster responded positively to Kusama’s explanation, clarifying that their inquiry was not a complaint but an honest question.
Thanks for the Reply like I said no complaints/ Fud it was a genuine question, if its worth anything to the team I think it would have been received more positively by the community if it was launched on ' our ' Network . I trust you guys know what your doing, Merry Xmas 🎄🎅
— SHIB Australia 🇦🇺 (@SaitamaAussie) December 18, 2024
While some members of the Shiba Inu community wished Shifu had launched directly on Shibarium, reports suggest that the meme coin will eventually launch on both Shibarium and Ethereum, with no conflicting updates at press time. Despite the initial confusion, the Shifu token’s journey remains one to watch as it unfolds within the Shiba Inu ecosystem.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Shibarium’s Revolution: How Shiba Inu’s Layer-2 Blockchain Fuels SHIB’s Deflationary Future
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