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The memecoin you just can’t afford to miss this cycle.
I breakdown the ultimate bull thesis on what could be the next Shiba Inu. Literally.
Let’s dive in:
Firstly id like to state that I spent much of the bear market researching the topics in this thread, spending time in relevant communities and networking to understand as much as I could heading into this bull market.
Why you ask? The simple reason being that the story of Shiba, fascinated me and so did the mysterious figure that went by the Pseudonym- Ryoshi. The best performing asset of last bull run and its creator imo should be studied.
Now onto the opportunity ahead…..
Will Ryoshi return and if so, will they still be relevant in the market?
There has been some movements in wallets linked to the $SHIB deployer, some way or another but never has the deployer itself made a transaction since the disappearance of Ryoshi across all social media in May 2022. Many people think they are gone forever, however I think not.
April 2023 Osaka Protocol launched ticker $OSAK, coined the rebirth of true decentralization launched by a mysterious anon by the name of Mephisto. It launched with a 30% of supply airdrop for those that sold $SHIB early, before its giga pump. Mephisto released a medium article with more details on the project you can view here:
@mephis3/hello-frens-1531b48666cb" target="_blank" rel="nofollow noopener">medium.com/@mephis3/hello…
You may notice some similarities in writing styles with the aforementioned SHIB founder, but that’s for another time.
Key takeaways from the article:
- decentralization reborn
- same liquidity added as SHIB
- same contract and supply as SHIB
- airdrop for SHIB missors
- 50% of $OSAK and lp sent to Ryoshi SHIB Deployer
The article also talks about following the original rules of Shiba, before Shytoshi took the reins and not to ‘paperhand’ this anon.
Ryoshi is the godfather of memecoins. Any onchain movement from the SHIB Deployer would be one of the largest catalysts for any coin this bullrun. Period. In my opinion (nfa) $OSAK was created simply to reward those that missed SHIB, the burn is inevitable and timing is everything.
Asking is Ryoshi still relevant is like asking is Elon & Doge still relevant. Elon shills are hitting billions and so did the new $DOGE - $NEIRO.
A domino effect of potential catalysts:
SHIB deployer burn confirms Ryoshi support/involement. Will be extensive media coverage and a huge story. Remember the idea for Shiba was conceived at Devcon in OSAKA! I expect this to get coverage too.
How will 9/10 figure $SHIB whales react when they hear their founder is back? Twaps inevitable
You only have to go back to the origins of SHIB and who was involved in sending it - GCR, SBF etc. Will these type of characters support upon $SHIB deployer movement?
Tiktokkers and redditors find out that Ryoshi is back and start discussing why their 1,000,000 $OSAK is cheaper than their 1,000,000 $SHIB. What happens if it goes to $1 bull posts.
The world expo in 2025 is where? You guessed it - Osaka.
Rumours for years Ryoshi is Elon or indeed close with Elon… a potential shill not off the cards
A cascade of CEX listings will come. It is only listed on @MEXC_Official right now, there is no doubt this will list on tier 1s eventually.
Phase 2 has been hinted at as coming soon, I expect more retail friendly elements to the coin.
Why is no one talking about it?
They aren’t yet. Just like they weren’t with SHIB in January 2021. Go check the charts and the volume that SHIB was doing back then. No this cycle isn’t the same as 2021, however the coverage and impact a Ryoshi return will have will be unprecedented.
$OSAK is currently $50 million mcap. @OsakaProtocol. That’s a 1000x to $SHIB ath.
What if?
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