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SHIB Lead Dev Proposes Strategic Hub for Next U.S. President

SHIB Lead Dev Proposes Strategic Hub for Next U.S. President

DailycoinDailycoin2024/11/06 03:44
By:Dailycoin
  • Shiba crypto price spiked 9% on United States Presidential Election Day.
  • Shytoshi Kusama draws a 10-year plan for a globally-leading crypto hub.
  • In the case of a grant, SHIB Hub aims to add $2B to the U.S. economy annually.

Shiba Inu’s (SHIB) mysterious leading developer, Shytoshi Kusama , has unfolded a long-term plan to leverage blockchain technology in the United States (USA). The plan requests collaboration with the upcoming President of the United States, whether it’s the Democratic or Republican candidate, as Americans flock to voting ballots this Tuesday.

Shiba Inu’s Strategic Hub Vision for the United States

Kusama plans to reach his main goals within five to ten years, highlighting the United States government’s aspirations to maintain a frontrunner status in the field. “It is imperative for the U.S. to maintain its technological edge,” asserts the blog entry for the Strategic Hub, directed at both Kamala Harris and Donald Trump.

I propose a Strategic Hub for Innovation in Blockchain (S.H.I.B.). I invite either Presidential candidate and/or interested parties to reply if they support this "Silicon Valley for the Blockchain industry". 👀👇 https://t.co/N5CMYOfPP9

— Shytoshi Kusama™ (@ShytoshiKusama) November 5, 2024

The plan involves a three-fold infrastructure: building data centers, blockchain nodes, and networks across the 50 states. State-of-the-art research labs, incubators, and co-working spaces are mapped for educational initiatives, including renewable energy research.

Sponsored

Offering to implement Shiba inu coin’s native Shibarium Layer-2 blockchain as a “city-wide blockchain network,” Kusama promised low costs and a safe environment for testing and deploying Web3-based applications.

The ultimate crypto hub would attract start-ups, and its contribution to economic growth is estimated at $500 million in the first two years. In this short span, 5,000 job positions would arrive, while the five-year plan expands to 20,000 jobs and a $2 billion annual impact.

The SHIB Strategic Hub plan marks a “projected return of $10 for every $1 invested over a decade,” requiring ultra-high-speed broadband networks like 5G and beyond. The estimated cost to build the blockchain infrastructure potentially ranges from $700 million to $1.2 billion.

Shiba Crypto Powers Up 8% Gains on Election Day

SHIB sparked up 8.78% on the Election Day in the United States. However, Tuesday’s bull rally was mostly dominated by Shiba Inu’s rival meme coin, Dogecoin (DOGE), which soared by 12.5% to retest the $0.1765 weekly peak.

Meanwhile, Shibarium’s developer Kaal Dhairya invited Elon Musk and Donald Trump to build the leading crypto hub worldwide. “Let’s make blockchain great again!” he urged, calling SHIB the “hyper-smart cousin” of DOGE.

@elonmusk @realDonaldTrump America’s very own 'Crypto Valley'- Call it S.H.I.B., D.O.G.E.’s hyper-smart cousin that brings jobs, tech and a futuristic world! 🇺🇸 Let’s make blockchain great again! #ShibAnswersToDoge #CryptoCity #ShibDelivers 📈 https://t.co/9qsvX9DEFA

— Kaal (@kaaldhairya) November 5, 2024

As of press time, SHIB is changing hands at $0.00001828, fetching a $738 million daily trading volume on Spot markets. SHIB is still 4% down in a seven-day time frame, but the meme coin asset saw renewed interest in leveraged plays as Derivatives volume soared to $331.35 million, according to CoinGlass.

On the Flipside

  • Despite approaching a directive towards both candidates, the blog entry is tagged with “Harris” on SHIB.io.

Why This Matters

Blockchain tech and crypto have been hot topics in the recent United States political scene, with both candidates promising to nurture crypto adoption.

Read DailyCoin’s trending crypto stories:

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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