Beyond the Hype
Welcome to our 67th edition, bursting with news, updates, and groundbreaking developments that are set to propel the Shiba Inu ecosystem – and the entire crypto landscape – into a whole new dimension!
Shiba Inu


GM Shib Army, crypto degens, and the world!
Welcome to our 67th edition.
This week, we're firing on all cylinders! This edition, "Beyond the Hype," is bursting with news, updates, and groundbreaking developments that are set to propel the Shiba Inu ecosystem – and the entire crypto landscape – into a whole new dimension!
This isn't just about incremental improvements but transformative change. We're talking game-changers, paradigm shifts (all those synonyms), and a relentless drive towards innovation that's, frankly, electrifying.
So, what's on the docket? First up is the cycle of innovation! We're talking about the rollercoaster ride of hype, the inevitable hurdles, and the potential for lasting impact that defines the entire crypto landscape.
In Shib Spotlight we're turbocharging our understanding of the revamped liquidity pools of Shibaswap on Shib.io! We'll break it down and show what is in it for you. Plus, for the daring among you, a guide to creating your own pool awaits – proceed with caution, because innovation always carries risk!
We'll then unpack the audacious vision of Shytoshi Kusama, exploring his (admittedly bold) comparison of Shiba Inu to Disney. Is this hype, hope, or a genuine glimpse into the future? We'll examine the ambition and the potential hurdles that stand in the way.
Next, a dose of reality: the story of Argentina and the $LIBRA debacle. This cautionary tale underscores the importance of navigating the regulatory landscape and managing expectations when hype collides with real-world complexities.
And to ensure we're building a solid foundation for the future, we'll explore the security-focused innovations of Shib OS, delving into layered rollup technology and Fully Homomorphic Encryption (FHE). These are the kinds of developments that move us beyond mere hype and toward lasting impact.
Finally, we celebrate a community member's story of resilience, demonstrating the power of perseverance in the face of challenges. Because innovation isn't just about technology; it's about the people who make it all possible.
The Shib's Edition 67 is a journey through the innovation cycle – the peaks, the valleys, and the ultimate quest for enduring value.
So, grab your beverage of choice (something strong might be advisable), settle in, and let's see if we can make some sense of this crypto rollercoaster. This won't be boring, promise. (Maybe?)


The Cycle of Innovation: Hype, Hurdles, and Lasting Impact
In a world where tech's hype often overshadows its true potential, the cycle of innovation reveals that even in the frenzy of fleeting fads, lasting breakthroughs emerge, shaping our future in ways we can only begin to understand. Read more

Shiba Inu Dives Deeper into DeFi: Liquidity Pools Get a Turbocharged Upgrade
ShibaSwap supercharges liquidity pools with a streamlined interface and data-driven insights, aiming to make DeFi more accessible and efficient for users. Read more

Creating Your Own Liquidity Pool on ShibaSwap: A Step-by-Step Guide
Liquidity pools are essential to decentralized exchanges (DEXs) like ShibaSwap. They fuel trading by providing the necessary tokens for transactions.
As a Liquidity Provider (LP), you contribute tokens to these pools and earn rewards in the form of transaction fees. With ShibaSwap's streamlined and data-rich interface, creating your own liquidity pool is now easier than ever. This guide will walk you through the process. Read more

Shytoshi Kusama Explains Shiba Inu’s Audacious Ambitions
Shiba Inu (SHIB), once a meme coin, is rapidly evolving into a blockchain powerhouse, with Shytoshi Kusama unveiling a vision of partnerships, governance systems, and technological advancements that aim to make it the "next Disney" of the digital world. Read more

A Rug Pull at the President’s Doorstep: LIBRA Shakes Argentina
Argentina's President Javier Milei is under political and legal scrutiny due to the swift downfall of the $LIBRA meme coin he had previously supported. Read more

Securing a New Frontier: How Shib OS Champions Data Protection in a Decentralized World
Far beyond its meme coin origins, Shiba Inu forges a data protection-centric path with Shib OS, a comprehensive operating system designed to empower users and redefine decentralized security. Read more

A Shiba Inu Journey of Belief and Resilience
A tale of initial missteps and eventual conviction, this Shib Army's story highlights the powerful role of community in navigating the volatile crypto world and finding belief in Shiba Inu. Read more

Doggy Bytes
Get ready to receive your weekly dose of Shib loving and motivation from The Shib team. Read more

The Cycle of Innovation: Hype, Hurdles, and Lasting Impact
In a world where tech's hype often overshadows its true potential, the cycle of innovation reveals that even in the frenzy of fleeting fads, lasting breakthroughs emerge, shaping our future in ways we can only begin to understand.
Every year, the cycle of innovation repeats itself, buzzing with excitement, promising game-changing technologies and pushing us to question what’s real and what’s mere hype. But amid the frenzy, the quiet hum of transformation is already in motion, steadily reshaping industries and lives.
I used to be in a packed convention where a hush descends, awaiting the next big announcement destined to shake the tech world. There is electricity in the air — and a familiar sense of déjà vu.
How many times have we gathered for what promises to be “the next revolution,” only to watch the frenzy crest and recede? Yet, here we are again, poised on the brink, enthralled by the possibility that this time — maybe this time — it might actually change everything.
For centuries, human history has swayed between skepticism and exhilaration at each new disruptive trend. Recall Tulip Mania in the 17th century: an entire economy bending to the allure of flower bulbs, building and bursting a spectacular bubble.
Move forward to the Railway Boom, which promised to knit continents together, or the Dot-Com Era, which saw fortunes made and lost at blistering speed. In each case, optimism was accompanied by hype so intense, it verged on delirium. But something more tangible remained in the aftermath: real tracks across nations, new channels of information, and novel ways of living that permanently altered the human experience.
Tracing the Cycle of Innovation: Understanding Its Evolution
We cannot dismiss the transformative power lying beneath these waves of excitement. Certainly, many flights of fancy end in flames, burning through capital, time, and goodwill.
Yet, out of each hype cycle emerges a handful of genuine breakthroughs — core ideas that endure precisely because they do deliver on at least part of their promise. Looking back on the Internet’s own infancy, we see grand claims about how it would revolutionize education, shopping, socializing, and creativity.
In hindsight, the breathless predictions were not entirely off the mark. The hype concealed the seeds of large-scale, world-changing advancements.
What unites these evolutionary leaps is an underlying principle: once a fundamental shift begins to take place, it is often unstoppable. Hype may act like a carnival barker, garnering attention with outlandish promises.
But behind that spectacle, a quieter revolution can unfold, powered by real utility, genuine community, and lasting social or economic impact. As the “signal” separates from the “noise,” it becomes possible to see which aspects of innovation were ephemeral and which were essential.
Balancing Wonder and Pragmatism in the Cycle of Innovation
Even the most cynical observers must concede that speculative booms occasionally unleash new forms of creativity. Platforms that sprang from the dot-com bubble laid the groundwork for remote collaboration, telehealth, streaming media, and hyper-personalized services.
Instead of focusing solely on the short-term mania — share prices, page views, or coin valuations — a longer lens reveals enduring infrastructure. In fact, entire industries now exist where, a few decades ago, there was only chatter and conjecture.
It is within that tension — between fantastical illusions and practical applications — that the real story emerges.
Each fresh innovation also invites us to reconsider how we measure progress. Are we merely chasing profit or also aiming to advance social equality, digital sovereignty, or sustainable growth?
Excessive hype can obscure these deeper questions and lure us into a bubble of speculation. Conversely, outright cynicism can blind us to the radical potential of real transformation.
The sweet spot lies in balancing our curiosity and our critical faculties: staying open to wonder, yet demanding evidence of genuine impact.
If history has taught us anything, it is this: hype alone does not build our future.
The lasting changes come from dedicated teams pushing the boundaries of what was once thought impossible, forging real partnerships, and planting seeds for breakthroughs whose impact we only fully understand years later.
Perhaps the biggest revolutions begin when a leap of faith meets the discipline to turn vision into reality.
Wherever you stand on the spectrum — from ardent enthusiast to wary observer — join us as we shine a spotlight on this evolving story. In doing so, we continue the grand tradition of exploring, questioning and, yes, sometimes embracing the wave of the next big thing.
Because once the dust settles, it is often clear that the true power of a breakthrough was never just the hype — it was the unstoppable force of progress unfolding, one step at a time.

Shiba Inu Dives Deeper into DeFi: Liquidity Pools Get a Turbocharged Upgrade
ShibaSwap supercharges liquidity pools with a streamlined interface and data-driven insights, aiming to make DeFi more accessible and efficient for users.
By Yona Gushiken
A digital bridge glows brighter as Shiba Inu, seeking to conquer DeFi's fragmented landscape, unveils its revamped ShibaSwap liquidity pools, promising a smoother ride for investors and traders alike.
Shiba Inu surges ahead in its decentralized finance (DeFi) ambitions, unveiling a comprehensive overhaul of its ShibaSwap liquidity pools, designed to simplify the user experience and unlock new levels of efficiency. Building upon its commitment to interoperability and ease of use, the upgrade focuses on delivering a faster, smarter, and more intuitive platform for managing liquidity — the lifeblood of any successful decentralized exchange.
This latest development follows the rollout of ShibaSwap on Shiba Inu's official website, Shib.io, in late January, which marked a significant step toward the project's multichain vision. That initial update, detailed on The Shib Daily, focused on expanding accessibility and streamlining cross-chain bridging, laying the groundwork for the current enhancements to the liquidity pool system.
Liquidity: The Engine of Decentralized Finance
Liquidity pools are fundamental to the operation of decentralized exchanges like ShibaSwap. They provide the necessary funds for traders to execute transactions, enabling the seamless exchange of digital assets. Liquidity providers (LPs) deposit their tokens into these pools and earn rewards in the form of transaction fees, incentivizing them to contribute to the overall health of the ecosystem.
However, managing liquidity pools can often be complex and daunting, particularly for newcomers to the DeFi space. Shiba Inu's latest update aims to address these challenges head-on, making liquidity provision more accessible and rewarding for all users.
A Streamlined User Experience
The centerpiece of the upgrade is a completely redesigned user interface (UI) that prioritizes simplicity and ease of use. The new ShibaSwap features a single-page experience, eliminating the need for users to navigate through multiple screens and menus. This streamlined approach makes it easier than ever to:
- Migrate Existing LPs: Transition seamlessly from older versions of ShibaSwap.
- Import Pools: Bring liquidity from other DeFi platforms.
- Create New Pools: Launch new trading pairs with ease.
Data-Driven Insights for Smarter Decisions
In addition to the UI improvements, the update introduces a wealth of new data-driven insights to help users make more informed investment decisions. Liquidity providers can now easily sort and filter pools based on key metrics such as:
- Annual Percentage Yield (APY): Identify the most profitable pools based on current earning rates.
- Trading Volume: Gauge the level of activity in a pool and its potential for generating fees.
- Total Value Locked (TVL): Assess the stability and liquidity depth of a pool, mitigating the risk of impermanent loss.
- Trending Pools: Discover emerging opportunities and capitalize on fast-growing liquidity.
- Pool Balance: See real-time holdings in any liquidity pool.
- Ecosystem Stats: Track the total liquidity in the Shiba Inu ecosystem, trading volume across pools, top pairs ranked by liquidity and activity, and pool growth trends over time.
These data-driven insights empower users to optimize their liquidity provision strategies and maximize their returns.
Backend Optimizations: Speed and Efficiency
Under the hood, ShibaSwap has undergone significant backend optimizations to deliver a faster and more efficient experience. Backend functions are now fully optimized, resulting in quicker data retrieval and transaction processing. The system updates occur only when necessary, reducing memory consumption and improving overall performance.
The Next Level: Seamless Interoperability
This liquidity pool upgrade serves as a stepping stone in the larger effort of ShibaSwap to establish itself as a cross-chain hub that will allow seamless asset transfers between multiple blockchain networks.
As Shiba Inu takes a giant leap in the digital financial sphere, this upgrade is a new era for the ShibaSwap liquidity pool, envisioning a world with accessibility and ease, and forever changing the tides of the digital financial sphere.
SHIB SENSEI
Creating Your Own Liquidity Pool on ShibaSwap: A Step-by-Step Guide
Liquidity pools are essential to decentralized exchanges (DEXs) like ShibaSwap. They fuel trading by providing the necessary tokens for transactions.
By Yona Gushiken
As a Liquidity Provider (LP), you contribute tokens to these pools and earn rewards in the form of transaction fees. With ShibaSwap's streamlined and data-rich interface, creating your own liquidity pool is now easier than ever. This guide will walk you through the process.
Crucial Considerations Before You Begin:
Before diving in, understand the risks and rewards associated with liquidity pools. DeFi can be complex and volatile, so careful planning is essential.
- Impermanent Loss (IL): This is a key risk. It happens when the price ratio of the tokens in your pool changes, leading to a loss compared to simply holding the tokens.
- Transaction Fees: Consider the fees associated with creating and managing your pool.
- Market Research: Research the community you are joining.
- The Token Pairing You Plan to Do: Is there a clear plan here?
- Due Diligence: This cannot be said enough.
How To Create Your Own Liquidity Pool on ShibaSwap
Step 1: Connect Your Wallet
◻️ Before you begin, ensure you have a compatible wallet (e.g., MetaMask, Trust Wallet) with some ETH and/or SHIB tokens for the liquidity pool.
◻️ Navigate to ShibaSwap on Shib.io and click the "Connect Wallet" button.
◻️ Select your preferred wallet and follow the on-screen instructions to authorize the connection.
Step 2: Access the "Create Liquidity Pool" Interface
◻️ Once your wallet is connected, locate the "Create Liquidity Pool" option on ShibaSwap.
◻️ Click on "Create Liquidity Pool" to begin the pool creation process. You should now see a screen similar to the first image provided.
Step 3: Select the Token Pair and Fee Tier
◻️ On the "Create Liquidity Pool" page, you'll see "Select Token Pair" with dropdown menus for each token.
◻️ ETH is selected by default. You must click the left arrow on the dropdown menu to choose a token pair.
◻️ Choose the tokens you want to pair (in the image it shows "ETH" and "SHIB"). These are the tokens that will be traded in your pool. Click the dropdown, and select the token you wish to choose.
◻️ Fee Tier: Select a fee tier which determines the fees collected for trading. 0.05% is selected by default. Choosing a larger fee tier can attract more volume, but be mindful of what the community is asking for.
◻️ Click "Next" to continue.
Step 4: Set the Price Range (Advanced)
Now you'll move to the "Fee & Price" section which will lead you to a page such as that in the second image. Here, you must determine the price range for the token pairing.
◻️ Full Range is selected by default.
◻️ Full Range: Lower risk and stable returns
◻️ Safe Range Medium: balanced risk and returns
◻️ Safe Range High Risk: High risk, better rewards
◻️ Custom: Pro Users: Set your own range
As a default, Shiba Inu Treat ($TREAT) is shown in the High Price and Low Price sections. This can be modified and should be modified to the token pair you have chosen. Set them using the - and + options on the right.
Click "Next" to continue.
Step 5: Deposit Amounts
Here you can deposit amounts. Ensure that ETH and SHIB are selected at the top.
◻️ Input values for ETH and SHIB. See what Balance Available is on your wallets before doing so.
◻️ Scroll down and check all of the values and gas fees shown at the bottom.
◻️ Confirm and Create Your Liquidity Pool Token
◻️ Click "Create LP Token" to finalize your setup.
◻️ Your wallet will prompt you to approve the transaction.
◻️ Carefully review all transaction details (token amounts, fees, etc.) before confirming.
Once confirmed, the blockchain will process the transaction, and your liquidity pool will be created!
Step 7: Monitor Your Pool
◻️ Use ShibaSwap's analytics dashboard to track your pool's performance.
◻️ Monitor metrics such as APY, trading volume, and TVL to understand how well your pool is performing.
◻️ Consider adjusting your fee structure or token amounts based on market conditions and pool performance (this requires further research and understanding).
Congratulations! You have successfully created your own liquidity pool on ShibaSwap.
By contributing liquidity, you play a vital role in supporting the Shiba Inu ecosystem. Remember to always exercise caution, do your own research, and understand the risks associated with DeFi before investing.
FUTURE & TECH
Shytoshi Kusama Explains Shiba Inu’s Audacious Ambitions
Shiba Inu (SHIB), once a meme coin, is rapidly evolving into a blockchain powerhouse, with Shytoshi Kusama unveiling a vision of partnerships, governance systems, and technological advancements that aim to make it the "next Disney" of the digital world.
By Yona Gushiken
Shiba Inu Audacious Ambitions are no longer a joke: Shytoshi Kusama envisions a world where SHIB powers governments and redefines digital culture, challenging the very definition of what a cryptocurrency can be.
In a crowded crypto landscape often dominated by fleeting meme coins, Shiba Inu (SHIB) continues to stand out. Originally launched with a playful dog mascot and grassroots fervor, SHIB is now forging a new narrative — one of ambitious partnerships, a robust “operating system” for Web3, and a grand dream of becoming a cultural icon on the scale of Disney.
In a recent episode of the Bill It Up podcast, hosted by Cypher Capital’s Bill Qian, Shytoshi Kusama, the pseudonymous lead ambassador and strategist for Shiba Inu, shared revelations that go far beyond the meme-coin label. From a groundbreaking collaboration with the UAE government to Kusama’s metaphor of SHIB as “the next Disney,” the conversation offered a glimpse into how this once-meme coin aims to reshape the landscape of cryptocurrency and Web3.
A Surprise Partnership Amplifies Shiba Inu Audacious Ambitions
One of the podcast’s biggest bombshells was Kusama’s announcement of a historic collaboration with the UAE Ministry of Energy and Infrastructure. While governments partnering with blockchain projects is becoming less unusual, few expected a meme-born token like SHIB to land such a high-profile agreement.
“We’ve actually been working with them [the UAE Ministry of Energy and Infrastructure] for multiple months,” Kusama revealed. “They did a lot of research on us — our technology, encryption, AI capabilities — and saw we could help solve real problems.”
Kusama explained that the SHIB ecosystem’s emergent “operating system” offers tools that can be adopted by enterprises and government bodies alike. Unlike meme coins that rely purely on community hype, Shiba Inu aims to provide modular, real-world solutions such as secure data storage, identity layers, privacy-enhancing encryption, and low-cost transaction rails.
According to Kusama, the UAE project underscores how deeply the Shiba Inu development team has delved into advanced technology, including fully homomorphic encryption, quantum-proof frameworks, and various AI integrations.
“We want to reduce fraud, increase engagement, and help organizations make better decisions,” Kusama said, reflecting on how SHIB’s tools could help transform both commercial and governmental operations.
Shiba Inu's Transformation: Building a 'Network State' from Meme Coin Roots
Kusama traced SHIB’s journey from an “outsider” meme coin to what he calls a “network state.” Borrowing from the historical notion of sovereignty, Shiba Inu’s leadership has drafted a 100-page “Shib Paper” — a constitution-like document that envisions Shiba Inu as a global, decentralized state.
To meet the criteria of statehood, Kusama explains, you need:
- Citizens (SHIB has millions of holders worldwide)
- Governance structures (SHIB’s four-token model underpins various “branches” of decision-making)
- Territory (in Shiba Inu’s case, a digital metaverse and blockchain environment)
- Ability to form treaties (collaborations like the one with the UAE signal SHIB’s diplomatic power)
- This reimagining positions SHIB less like a typical blockchain project and more like a digital nation with dedicated infrastructure for governance, identity, commerce, and data privacy. Kusama noted that Shibarium, the project’s Layer-2 blockchain, recently surpassed 900 million transactions — outpacing many well-known blockchain networks in raw volume.
The Disney Analogy: A Key to Understanding Shiba Inu Audacious Ambitions
When host Qian asked if Shiba Inu might star in an action or comedy movie, Kusama instead likened SHIB to Disney — a brand with iconic characters (Mickey Mouse) but also massive technology, theme parks, and global media reach.
“People thought Walt Disney was crazy at first. It was just a mouse,” Kusama joked. “But they built it out into a massive ecosystem — parks, gaming, merchandising. We see SHIB’s development in a similar trajectory.”
Disney cultivated beloved characters and storylines that transcend time. SHIB is taking a parallel path: launching NFT collections, metaverse lands, gaming projects, and forging brand partnerships. A recent example is Shiba Eternity, a game created with a AAA studio, supported by a thousand-page lore authored by Kusama. He believes SHIB’s dog-themed mascot holds the same cultural potential as Mickey Mouse to draw people into an expansive, tech-enabled universe.
Four Tokens, One Operating System
Unlike meme coins that rely on a single token, Shiba Inu weaves together four tokens — SHIB, BONE, LEASH, and TREAT — each aligning with a distinct governance or utility branch:
Shiba Inu ($SHIB): The community-facing token, widely accepted by thousands of retailers. Governs “legislative” decisions within the ecosystem.
Bone ShibaSwap ($BONE): Powers Shibarium transactions and secures the network. Also handles “executive” governance for technology decisions.
Doge Killer ($LEASH): An exclusive token akin to a “judicial” mechanism, resolving disputes in the metaverse.
Shiba Inu Treat ($TREAT): Unlocks marketing budgets and incentivizes innovation, funding expansions and new tech.
Kusama acknowledges this multi-token approach can be complex, but believes it mimics how real-life governmental systems balance power.
“It might look like overkill,” he said, “but it ensures we remain decentralized and flexible enough to power real-world use cases.”
Shiba Inu In The Next Five Years
Kusama sees SHIB’s operating system as a “turnkey solution” that any business, city, or country can adopt for secure transactions, transparent governance, fraud reduction, and new revenue streams. He cited ongoing conversations with coffee farmers in South America as a proof-of-concept — using Shibarium and NFT-based attestations to ensure farmers receive fair payments and have transparent supply-chain tracking.
“Powered by SHIB” should be a daily fixture, Kusama says, whether it’s a retailer simplifying cross-border payments or a government using SHIB tools for data security and digital governance. He envisions the network outlasting cyclical market swings, focusing on real adoption and value creation.
AI, Web3, and Disruption
AI is another catalyst Kusama believes will reshape crypto and beyond. While he predicts AI might eventually outpace crypto in sheer scale — especially for military or enterprise solutions — he also sees significant synergy:
“Crypto will still grow and be huge. But AI is going to disrupt a lot of jobs—and at the same time, open up ways for people to earn money in the digital economy.”
In Kusama’s view, fully homomorphic encryption, decentralized data frameworks, and Web3 governance can provide a transparent, inclusive infrastructure where AI-generated value (from creative work to virtual assets) benefits more individuals rather than just a handful of major tech corporations.
New Measures of Success
Kusama admitted he once defined success as “token go up.” But with SHIB touching a $40 billion market cap at its peak, he’s moved beyond pure price metrics.
“Now I see success differently… If we can show real utility, become a brand that matters, and help millions of people, that’s true success.”
He hopes that, over time, SHIB will prove that a once-viral meme can pivot into a lasting, tech-driven movement. From alliances with organizations like the UAE Ministry of Energy and Infrastructure to potential metaverse expansions and creative projects, the future of Shiba Inu hinges on more than hype — it banks on substance and sustainability.
Kusama’s vision for Shiba Inu is undeniably audacious. By weaving meme culture with advanced encryption, AI integrations, and decentralized governance models, SHIB is positioning itself less as a speculative novelty and more as a serious tech contender.
The leap from meme to movement isn’t guaranteed. Still, if Kusama’s roadmap holds — spanning high-profile partnerships, “network state” structures, and everyday Web3 solutions — Shiba Inu could become one of the most transformative stories in crypto.
Whether it truly evolves into the next “Disney of the blockchain era” remains to be seen, but its progress thus far suggests that the Shiba Inu brand is only beginning to flex its canine muscles on the global stage.
From the playful image of a dog to the corridors of international diplomacy, Shiba Inu’s meteoric rise is anything but a fluke — its visionary, Kusama, is now charting a path to make SHIB not only a digital currency but a cultural and technological force on the scale of Disney.
SHIB DEEP DIVE
A Rug Pull at the President’s Doorstep: LIBRA Shakes Argentina
Argentina's President Javier Milei is under political and legal scrutiny due to the swift downfall of the $LIBRA meme coin he had previously supported.
By Yona Gushiken
Not long after sunrise on a warm February morning, Argentina’s President, Javier Milei, took to social media to endorse a new cryptocurrency — LIBRA. Hailed as a potential lifeline for Argentina’s ailing economy, the coin quickly surged to a reported $4.5 billion market capitalization. But just hours later, the euphoria turned to dismay as the LIBRA price crashed dramatically.
Within hours, the meme coin, called $LIBRA, went from near-obscurity to a reported market capitalization of $4.5 billion, riding a wave of hopes, hype, and Milei’s millions-strong social following. By afternoon, however, euphoric investors were confronting the sobering reality of a market crash so swift and so severe that it wiped out most of the coin’s value in mere minutes.
“This private project will be dedicated to encouraging the growth of the Argentine economy,” Mr. Milei had written in his since-deleted post.
Now, that moment of presidential enthusiasm has become the subject of fierce political and legal scrutiny. Opposition lawmakers accuse Mr. Milei of endorsing a “pump-and-dump” scheme — one that allegedly allowed insiders to pocket around $87–$107 million while regular Argentines were left holding digital assets worth a fraction of their purchase price.
How $LIBRA Became a Political Lightning Rod in Argentina
The spectacle turned into a national scandal. Cristina Fernández de Kirchner, the country's former president, joined a chorus of voices calling for accountability, saying that thousands of people who trusted President Milei’s endorsement saw their investments evaporate. Leandro Santoro, an opposition lawmaker, deemed it a “national embarrassment” and demanded impeachment proceedings.
Argentina’s Anti-Corruption Office has launched an investigation, as has the presidency itself. In a pointed statement, the office said it would look into “whether there was improper conduct on the part of any member of the national government, including the president himself.”
Aside from that, lawyer Jonatan Baldiviezo, fueled by a sense of betrayal, accuses him of potentially orchestrating a crypto "rug pull" with the KIP Protocol. Baldiviezo paints a picture of an illicit conspiracy, a web of deceit where Milei's promotion of the now-deleted token served as the bait, luring unsuspecting investors into a digital trap.
The accusation stings: a violation of public trust, a crypto con unfolding in the halls of power, leaving investors holding nothing but digital dust.
Milei's camp claims ignorance, casting blame on political rivals eager to pounce. The President's office insists he was simply promoting entrepreneurial spirit, unaware of the token's murky details. Yet, the admission of a meeting between Milei and KIP Protocol representatives hangs heavy in the air.
President Milei, who has portrayed himself as a libertarian outsider determined to root out government corruption, dismissed the uproar as a politically motivated attack. Shortly after deleting his post, he insisted that he had “no ties” to $LIBRA and had merely shared it as an example of private-sector innovation. In a social media rebuttal, he accused the “political caste” of seizing on the chaos to discredit him.
Bubblemaps and the “Melania” Connection
Even before the crash, Bubblemaps, a blockchain analytics firm, noticed red flags. They traced 82 percent of $LIBRA’s supply to a single cluster of digital wallets — a hallmark, analysts say, of projects prone to insider manipulation.
Further muddying the waters was Bubblemaps’ disclosure that the same team behind $LIBRA also appears to have launched an earlier meme coin dubbed Melania. On-chain addresses linked to the Melania token overlapped significantly with $LIBRA’s. For critics, the findings lent weight to suspicions that $LIBRA might have been a pre-planned scheme rather than a spontaneous, well-intentioned effort.
$LIBRA: A “National Token” or a Quick Cash Grab?
The coin’s backstory reads like a cautionary tale on the collision of politics and emerging technologies. According to claims, Julian Peh, an entrepreneur who first ventured into crypto in 2016, pitched Mr. Milei on the concept of a “national token” to spur Argentina’s economic revival. By the time $LIBRA launched, many Argentines believed they were buying into a government-sanctioned initiative.
On an X Space broadcast, Julian Peh, the CEO of KIP Protocol, denied orchestrating a rug pull.
“If it was a rug to start with,” he argued, “we wouldn’t have gotten the support we did.” Peh claimed KIP had not profited from insider selling and insisted there was no pre-sale.
Meanwhile, former President Fernández de Kirchner blasted Mr. Milei for leaving Argentines to “lose millions,” while anonymous whales — early holders of the token — exited their positions at massive profit.
Jupiter Exchange Speaks Out
Among those thrust into the spotlight is Jupiter Exchange, a well-known platform where many retail investors track and trade new meme coins. In a statement posted to social media, Jupiter insisted it had “nothing to hide.”
“A few members of the Jupiter team knew that there would be, at some point, a token project associated with Argentinian President Javier Milei,” the statement reads, describing early chatter in meme coin circles. However, the company claimed it was not privy to the specific launch date, contract address, or timing — information often crucial for so-called “snipers” looking to capitalize on brand-new tokens.
Jupiter’s statement also addressed allegations of insider trading, denying that any team member had received or traded $LIBRA tokens before the broader public. It emphasized that it did not “pre-verify” $LIBRA on its platform. The token only gained a “Verified” label once Mr. Milei’s public posts had drawn sufficient trading volume.
“We absolutely in no way condone these extreme PVP launches,” Jupiter wrote, adding that the meme coin ecosystem has become overrun with risky “pump-and-dump” dynamics.
Inside the Controversy: The Hayden Davis Interview
Amid the political upheaval, a pivotal piece of the $LIBRA puzzle emerged in a wide-ranging YouTube interview conducted by crypto sleuth CoffeeZilla. The interviewee, Hayden Davis, described himself as a facilitator and advisor for meme-coin launches, including $LIBRA.
As the conversation unfolded, it offered rare insight into the mechanics behind these high-stakes, high-speed token offerings — and painted a picture of how a would-be “national token” could devolve into chaos and allegations of insider profiteering.
According to him, the original vision was to have Argentine President Milei’s endorsement ignite a new wave of crypto-driven monetary policy. Instead, the coin’s price soared and then plummeted, with enormous sums allegedly flowing into private wallets.
“This is not a rug pull. It’s a plan gone miserably wrong,” Davis said, defending his role against accusations of orchestrating an insider scheme. Central to his explanation is the concept of “sniping,” in which automated bots or privileged insiders acquire newly launched tokens before regular buyers can react, often dumping them soon after.
While Davis contends his team employed such tactics only to “protect” the project, he admits to removing liquidity for strategic reasons, ultimately leaving him as custodian of around $100 million in extracted funds.
“My reputation is crushed, and I’m sitting with money that I don’t even want,” he lamented, emphasizing the personal risk he now faces from disgruntled investors and political forces seeking accountability.
Davis’s checkered history with a prior meme coin called Melania — also linked to overlapping digital wallets — further clouded his claims of benign intent, fueling suspicions that both tokens followed a premeditated playbook. Critics point to Davis’ selective reimbursement of a single high-profile investor named “Dave,” who lost $5 million on $LIBRA yet was personally refunded, while everyday traders were left holding the bag.
With regulatory and legal pressures mounting, Davis floated several possible solutions for the stranded $100 million: re-injecting it into $LIBRA’s liquidity pool, issuing direct refunds to verified victims, or transferring it to a neutral third party. Each option carries the risk of fresh accusations, be it renewed insider trading or drawn-out legal wrangling.
Media Coverage and the Search for Answers
International news outlets took note of the ensuing turmoil. CNN reported that the country’s National Securities Commission might weigh in, although crypto regulations in Argentina remain far from clear-cut. CNN spoke with Pablo Sabbatella, a crypto-security expert, who called the sequence of events a textbook “pump and dump.” He highlighted how newly minted tokens, owned by a few large holders, can skyrocket once a high-profile endorsement spurs demand — only to crash when those insiders sell in unison.
Mr. Sabbatella claimed he saw wallets turning an initial stake of almost zero into a haul of more than $4 million in just two hours. Another wallet, he said, “earned up to $87 million.”
Calls for Impeachment and the Creation of a Task Force
Opposition lawmakers rapidly advanced the idea of impeachment, while Mr. Milei’s allies dismissed it as an attempt to “overthrow” the president. Security Minister Patricia Bullrich likened Mr. Milei’s post to a routine factory visit, arguing that endorsing a project does not amount to lobbying on its behalf.
Facing a mounting barrage of questions, Mr. Milei announced the formation of a special task force to investigate every entity and individual linked to $LIBRA. While critics are skeptical — some calling the move “too little, too late” — the task force signals the administration’s attempt at crisis management.
$LIBRA: Political and Economic Ripples
Argentina is no stranger to financial upheaval, but it now faces a new kind of uncertainty. Many of its citizens have turned to cryptocurrencies in hopes of shielding themselves from soaring inflation and distrust in the traditional banking system. Yet the $LIBRA fiasco has soured public sentiment, underscoring the risks of conflating libertarian economics with unregulated crypto mania.
In Congress, lawmakers from multiple parties are talking about proposals for stricter oversight or at least better disclosure rules around digital asset endorsements. Analysts caution that any heavy-handed approach might drive crypto activities further underground in a nation already grappling with financial strain.
A Cautionary Tale
The downfall of $LIBRA — a token once brimming with grandiose promises for Argentina’s economy — now stands as a cautionary tale about how quickly a meme coin endorsed at the highest levels of government can collapse into scandal.
President Milei finds himself at the center of impeachment whispers, while political rivals and allies alike grapple with the fallout. In parallel, Hayden Davis’s account of the coin’s behind-the-scenes maneuvering offers a stark look at the unregulated world of meme-coin launches, where “sniping” and secret liquidity extractions can sink a project in days, or even hours.
Whether the $100 million in question ends up back in retail traders’ hands, re-injected into a battered market, or frozen in legal limbo, the primary lesson may already be clear: hitching a nation’s economic future to a volatile meme coin can cause upheavals more profound than any quick profit might justify. And for those who pinned their hopes on the president’s tweets, it is a lesson that came at a painfully high cost.
SHIB UNPACKED
Securing a New Frontier: How Shib OS Champions Data Protection in a Decentralized World
Far beyond its meme coin origins, Shiba Inu forges a data protection-centric path with Shib OS, a comprehensive operating system designed to empower users and redefine decentralized security.
By Yona Gushiken
Dismissed as a fleeting meme, Shiba Inu now emerges as a champion of digital data protection, unveiling Shib OS, a bold operating system that promises to revolutionize user autonomy in a decentralized world.
When Shiba Inu first burst onto the cryptocurrency scene, it was often dismissed as little more than a meme — a playful nod to dog-themed tokens, destined to be overshadowed by the next viral sensation. Fast-forward a few years, and the project has undergone a metamorphosis that few could have predicted.
Today, beyond the social media chatter and the flashy token memes, there stands a technology stack — Shib OS — that aims to reshape how we think about data protection, governance, and digital ownership.
In a quiet virtual corner of Shiba Inu, a team of developers, cryptographers, and community leaders gather to discuss this next chapter of the Shiba Inu story. Their shared mission: to build an all-encompassing operating system where security is paramount and user autonomy is guaranteed. It’s a stark contrast to the project’s early meme coin persona, proof that Shiba Inu is no longer just a punchline in crypto chat rooms, but a contender in the ever-expanding blockchain landscape.
A Meme Coin’s Surprising Evolution
For many who traded or followed Shiba Inu ($SHIB) in its early days, the token was primarily a source of speculation — its cartoonish canine logo and catchy name fueled a meme-driven community. But as the cryptocurrency world matured, so did the vision behind Shiba Inu.
The Shiba Inu core team recognized a growing appetite for data protection-focused, user-friendly pieces of blockchain technology. This realization led to the birth of Shiba Inu Operating System (Shib OS): a layered network architecture that prioritizes data integrity, rapid transactions, and real-world adoption potential.
Inside Shib OS: Data Protection and Efficiency
At the core of Shib OS is a marriage of layered rollup technology and Fully Homomorphic Encryption (FHE). For the uninitiated, rollups are a means of boosting transaction throughput while keeping fees low. Homomorphic encryption, on the other hand, is a cryptographic method that keeps data encrypted, even when it’s being processed.
This approach has far-reaching implications:
- Users can verify transactions and identities without exposing personal details — a departure from typical blockchain transparency.
- Smart contracts run seamlessly on these layers, powered by Shibarium’s sub-100ms transaction finality.
- High throughput and minimal fees enable microtransactions and broader adoption, which developers hope will appeal to mainstream users beyond crypto enthusiasts.
A Data Protection-First Philosophy
One of the more striking aspects of Shib OS is its emphasis on user data protection. Whether it’s self-sovereign identity verification, end-to-end encrypted personal data storage, or private messaging channels, the team behind Shib OS has effectively placed data protection at the heart of every design choice.
Notably, the FHE-Powered Identity Stack allows individuals to complete “KYC” once without revealing sensitive information repeatedly. Attestations — like proof of credentials — are stored on-chain but remain visible only to those with permission, eliminating the need for broadcasting every personal detail publicly.
Beyond Transactions: A Full-Blown Ecosystem
While Shib OS might have begun as a simple extension of a meme coin, it has blossomed into a fully-fledged ecosystem of interconnected services and tools, each adding another layer of functionality.
HUB Messaging: A decentralized communication layer, where private channels and FHE-encrypted chats ensure that even administrators can’t snoop on conversations.
SHIB Pay: A direct payment module enabling merchants — both online and off — to accept on-chain payments without centralized intermediaries. This is integrated with the Shib Account Abstraction & Gasless SDK, letting users transact without ever handling gas fees themselves.
Encrypted Personal Data Storage: A self-custodial vault system that uses end-to-end encryption for files, seamlessly interacting with identity credentials for fine-tuned access control.
Shiba Inu Doggy DAO: A governance framework that steps beyond the concept of “token voting” and focuses on a one-person-one-vote model tied to verifiable identities. It is a dynamic that fosters more equitable, community-driven decision-making.
And that’s not even touching on the Shiba Inu Games integration or the Shib Marketplace for NFTs, both of which bolster Shib OS’s goal: to be not just another blockchain, but a living, digital environment in which user protections are integral and community-driven governance is the norm.
The Changing Narrative
In the broader crypto industry, a project’s move from meme culture to advanced technology is often met with skepticism. Can a once-whimsical token truly pivot to serious infrastructure-building?
For Shiba Inu’s developers and community members, the answer is a resounding yes, though they remain aware that trust is earned, not demanded.
A Glimpse Toward Mass Adoption
With its fast throughput, robust security, and lowered cost barriers, Shib OS aims to attract not only the existing Shib Army but also newcomers who haven’t yet ventured into decentralized technologies. By reducing friction for everyday tasks — such as payments and logins — and cloaking sensitive data behind advanced encryption, Shib OS aspires to set a friendlier stage for broader adoption.
New Life for an Old Meme
From its beginnings as a canine-inspired meme coin, Shiba Inu has embarked on a transformation few would have predicted, culminating in the Shib OS platform — a multifaceted tech stack that places user autonomy front and center. Within this digital tapestry, data protection is enshrined by cutting-edge cryptography, and governance is conducted by an engaged, identity-verified community.
For those who still view Shiba Inu as just another passing internet sensation, Shib OS stands as a quiet testament to how swiftly the blockchain space can evolve. Hidden beneath the playful dog-themed exterior is an ecosystem that wants to be taken seriously — not through hype alone, but by delivering tangible, user-focused innovations designed to carry the Shiba Inu story into the future.
For now, only time will tell how large a role Shib OS will play in the broader world of decentralized technologies. But as the Shiba Inu community has proven, sometimes the most unexpected beginnings give rise to the most transformative journeys.
COMMUNITY CORNER
A Shiba Inu Journey of Belief and Resilience
A tale of initial missteps and eventual conviction, this Shib Army's story highlights the powerful role of community in navigating the volatile crypto world and finding belief in Shiba Inu.
By Heber Mayen
Editor's Note:
At The Shib, we're committed to showcasing the voices and experiences within the crypto community. This week, we're honored to feature Heber Mayen's inspiring journey into the world of Shiba Inu and the Shib Army. His story underscores the power of community, the challenges of navigating the crypto landscape, and the unwavering belief that drives so many in the Shiba Inu community. We hope you find his story as insightful and motivating as we did.
To all my SHIBARMY friends, I wanted to share my personal journey into the crypto world. I hope my long-time friends in this ecosystem will understand and perhaps even relate to my experiences.
The Doge Dip and the Shiba Inu Community Trust
It started during a lunch break when a coworker suggested I invest $100 in Dogecoin. I knew nothing about crypto at the time, but I gave it a shot. As the market surged, I poured more money in, joining Twitter (now X) to learn more. Sadly, I lacked guidance and made some poor decisions, ultimately losing money. It was a disappointing start.
Then, another coworker pointed me toward Shiba Inu, saying "Something's happening there!"
He was right. I found a vibrant community on X, followed SHIB accounts, joined spaces buzzing with positive energy, and invested a few thousand dollars in the summer of 2021. I haven't sold any since. I've been steadily adding ecosystem tokens, and I plan to continue as long as I can.
The Resilience of the Shiba Inu Community in the Face of FUD
The journey hasn't been easy. Many people I thought were loyal became FUD spreaders or scammers. Navigating the crypto world can be tough! I've tried to stay true to Ryoshi's vision, resisting the noise and negativity. Of course, I've had my doubts — blind faith is dangerous — but deep down, I believe in the developers and the amazing work they've done. No system is perfect, but they've built something truly special.
The Future of the Shiba Inu Community
I've spent the last few years learning about both SHIB and the broader crypto landscape. The SHIB community has taught me so much. Though I'm not an expert (I juggle two jobs 🥲), I dedicate time every day to working towards SHIB's success.
I truly believe SHIB and its ecosystem will succeed. I see it not just as a potential retirement fund, but as a way to build generational wealth for my children and future generations.
Love to all of you! ❤️
DOGGY BYTES
Doggy Bytes
Here’s your weekly dose of Shib loving and motivation from The Shib team. LFG!
By The Shib Team
BEST OF SHIB
What have you been up to, Shib Army? Here are some of our favorite highlights this week in the Shiba universe:
This positive analysis about $SHIB's potential price increase is one for the books—apparently, SHIB recently broke out of a Falling Wedge pattern, hinting at a potential price surge that could see it skyrocket by over 422%!
Meanwhile, the army recently showed its strength and solidarity as it rallied nonstop this week, hoping to get $BONE listed on Binance. Have you voted yet? If you haven't, make sure you do if you have a Binance account! Let's get $BONE the recognition it deserves!
#PlayWithShib fam, where you at? Shiba Eternity’s latest upgrade screams efficiency and reliability. Say hello to unique token IDs that allow for more accurate tracking and better NFT trading! Now you can flex your awesomesauce gaming and asset trading abilities like a pro.
SHIB IN NUMBERS
Shibarium continues to demonstrate significant activity, as reflected in the latest statistics available as of 5:00 AM ET on Wednesday. A total of 947.478 million transactions have been processed on the network. This number represents all transaction activity, including both successful and potentially failed or pending transactions.
Out of the total, 946.772 million transactions have been successfully completed and recorded on the blockchain. This shows a high success rate in transaction processing. The network supports 240.555 thousand total accounts, demonstrating a growing user base interacting with the Shibarium ecosystem.
Finally, there have been 2.031 million total BONE transfers, highlighting the utility and movement of the BONE token within the Shibarium environment. This is a measure of activity related to the BONE token, used for gas fees and other purposes within the network.
These data points offer a snapshot of Shibarium's network activity and growth at this specific time. It's important to remember that these figures are dynamic and subject to change as the network continues to operate. For the most up-to-date and detailed information, please refer directly to Shibariumscan.io.
Shiba Inu Ecosystem Tokens
As of 5:32 a.m. ET on Wednesday, the price of Shiba Inu Treat ($TREAT) is $0.0077249378. This represents a positive change, with the price up by 5.10% compared to the previous reporting period.
As of 5:32 a.m. ET on Wednesday, the price of Shiba Inu ($SHIB) is $0.0000153856. This reflects a slight increase, with the price up by 0.03% compared to the previous reporting period.
Shiba Inu Burn
The Shib Torch, Shiba Inu's token burning mechanism, has burned a total of 476,658,176 SHIB tokens. This represents the cumulative amount of SHIB that has been removed from circulation via the Shib Torch. This week's burn represents a 14.57% increase compared to the amount burned in the previous week. Further information on burn rate can be found at Shibarium Burn Process - Reduce SHIB Supply.
Meanwhile, as of Wednesday, 15,050,787 SHIB tokens have been burned, representing a 1.97% increase in burn rate compared to the previous 24-hour period. Over the past 7 days, a total of 94,207,386 SHIB tokens have been burned, a significant 59.37% increase compared to the previous 7-day period.
TOP DOGS
Pro tip: stay tuned to this space to find plenty of gems, whether it’s a referral code, freebies, or even the possibility of rubbing elbows with the most amazing gaming lead working tirelessly to give you an incredible gaming experience!
Kaal, Shiba Inu's tech wizard, in what seemed like a call to arms, requested the Shib Army's participation in a survey. The goal: to showcase the community's strength and successfully advocate for Shibarium's listing on a website that tracks Layer-2 rollups.
It's easy to bridge your token to Shibarium! Just fill out this form: [https://forms.zohopublic.com/shibportal/form/gfg/formperma/64_baM8UyCjtKOtaV1_IzT6GS-8a36_MES4RxmG5EpQ].
Remember to let us know in the "Additional Notes" whether you prefer the CCIP or POS route. Reach out to John Doe, Shibarium Engineering Manager, if you have questions.
– Adam Draper
Read more

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