After deleting all of his tweets and blog posts this week, pseudonymous Shiba Inu (SHIB) founder Ryoshi has distanced himself from the community.
Since the project launched in August 2020, Ryoshi's identity has remained unknown, much like the Bitcoin (BTC) founder Satoshi Nakamoto. Moreover, similar to Dogecoin (DOGE) founders Billy Markus and Jackson Palmer, they have also held a hands-off approach to the meme coin.
Shiba Inu Project Will Carry On and Continue
According to Coin Telegraph, leading developers such as Shytoshi Kusama have stated that the project will carry on and continue to "actualize Ryoshi's vision and plan for this grand experiment" of building a decentralized meme coin ecosystem.
On several occasions, Ryoshi has already hinted they would eventually walk away. Even before, they often played down their significance and role in Shiba Inu.
In an already deleted Medium post, Ryoshi reportedly said: "I have said from the beginning, I am a nobody, I am not important. The efforts to unmask my 'identity' even if successful would be underwhelming. I am just some guy of no consequence tapping at a keyboard and I am replaceable. I am Ryoshi."
While Ryoshi's Twitter account is still up, all activity is wiped clean. However, there are two blog posts bidding farewell to the ShibArmy that are still up on Medium.
On the other hand, some members suggested that these posts may be from a scammer who created a new account under Ryoshi's name.
The idea seems probable since the previous reports linking to Ryoshi's blog now show the message user deactivated or deleted their account, despite another account being up using his same name and profile picture, according to Coin Telegraph.
"I am not important, and one day I will be gone without notice. Take the SHIBA and journey upwards frens," the first post said.
The second post added, "Every Shibarmy is Ryoshi. It does not represent someone, but the glory of Shibarmy! END."
Read Also: Shiba Inu Price Surge: $100 Investment in January 2021 Nets $53 Million!
Shytoshi Kusama Bids Goodbye to Ryoshi, Reitertaes Commitment to Founder's Vision
But regardless of the potential tom-foolery on Medium, on Tuesday, Shytoshi Kusama published a blog post. He is saying goodbye to Ryoshi and reiterating a commitment to the founder's vision for the project moving forward.
Kusama posted that the ethos of Ryoshi is to remain anonymous and have no input on the direction of Shib and to make our mythos even more mystic and impressive.
He said that Shiba Inu was built from nothing, never paid in exchange for a listing, and revolutionized 'meme' tokens by growing exponentially.
Kusama added, "Shib, Leash, Bone, Treat, ShibaSwap, Shi, Shibarium. Note also the concept of LOCAL Shib areas (meetups) such as we see in ShibaZone, and eventually Shibacon. To me, these latter two aspects are part of our growth, and all of our other projects support or utilize one or more of the above."
The news, however, has no negative impact on the price of SHIB. Astonishingly, the meme coin gained 3.1% over the past 24 hours to sit at roughly $0.00001209.
While the asset is down a hefty 86% since its all-time high of $0.00008616 in late October 2021, according to Coin Telegraph.
Somehow, compared to 12 months ago, SHIB is still up 54% overall, which is something that has not been replicated across many major assets.
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