This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Shiba Inu’s burn tracker, Shibburn, has accused the creator of the meme coin, known as “Ryoshi,” of acting against the best interests of the SHIB ecosystem. Shibburn alleges that Ryoshi and the founders of the token have been dishonest in their dealings, specifically regarding the token’s burn rate. They claim that the founders have refused to burn over 103 trillion SHIB, hindering the ecosystem’s growth. Shibburn also suggests that Ryoshi and the founders are only interested in enriching themselves and using SHIB as a means to profit off the community. The lead developer, Shytoshi Kusama, is also implicated in these allegations. Shibburn accuses Shytoshi of not being a “real dev” and claims that the developers rewarded themselves with a large amount of $BONE when ShibaSwap was created. Despite these allegations, Shiba Inu’s price remains unaffected, trading at around $0.000008189.