Shytoshi Kusama, the lead developer of Shiba Inu’s (SHIB) cryptocurrency, has announced the upcoming release of a book titled “44 Tenets of Crypto” in March 2024. The book can be pre-ordered for $9.99 on Kindle, but a special signed and authenticated version will likely be sold for 1 Ether (ETH), equivalent to approximately $1,824 at current rates. Compared to the most expensive book on Kindle, which costs $16,870, this price may seem steep. However, “44 Tenets of Crypto” is being touted as the “crypto bible” and is expected to offer a blend of ancient knowledge and modern insights from Kusama’s respected perspective.
Despite the excitement surrounding the book, Kusama’s announcement disappointed some members of the SHIB community who were expecting news related to the Shiba Inu token or the upcoming Shibarium launch. This disappointment led to a significant drop in the price of the LEASH token, which was trading at $564 at the time of the announcement, a 12% decrease from its price 24 hours earlier.
In summary,
– Shytoshi Kusama, the lead developer of SHIB, is releasing a book called “44 Tenets of Crypto” in March 2024.
– The Kindle edition can be pre-ordered for $9.99, while a signed and authenticated version may be sold for 1 ETH.
– The book is dubbed the “crypto bible” and offers a mix of ancient knowledge and modern crypto insights from Kusama’s perspective.
– Some SHIB community members were disappointed by the announcement, causing a sharp decrease in the price of the LEASH token.
Hot Take: While the release of “44 Tenets of Crypto” may be eagerly anticipated by crypto enthusiasts, the disappointment among SHIB community members highlights the importance of managing expectations and clearly communicating upcoming developments to avoid negative market reactions.
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