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Shiba Inu’s Historic Ballot: Breaking Down the New Electoral Playbook As its first election determines an interim president and shapes the $7 billion token ecosystem, the Shiba Inu community is at its most pivotal. Some community members view the election as a step toward decentralization as leadership, transparency, and accountability issues heat up in the fifth “Shib Year”. On August 4, Shiba Inu's main developer, Shytoshi Kusama, revealed that the community would elect a new chief visionary and councils for each DAO, calling it “the true birth of a network state.” The election announcement has rekindled community concerns about Kusama's leadership, transparency, and concentration of power. Shiba Inu activist Woof Swap has been forthright, pushing for leadership with “actual ability, not just visibility.” In their article, “We don’t need an incompetent president,” they underlined that project directors require skills, strategy, and resources. Longtime supporters such Shiba Germany have voiced worries over failed promises, including as the failure to activate 100 validators and enroll a billion users. Distractions like SHY and POE are also a concern for Shiba Inu, who believes the election will only succeed if it produces leaders who embrace Ryoshi's vision of transparency, decentralization, and shared responsibility. Shiba Inu elections include three stages. Open nominations enable anybody to apply. The top 10 candidates will debate live or recorded across platforms. Every SHIB ecosystem token—SHIB, BONE, TREAT, or LEASH—will count as one vote. According to Kusama, the voting method is fair since those with the most at stake in the ecosystem's success have greater power. However, the Shiba Inu Foundation will retain veto power, fueling concerns that the process is more “controlled democracy” than decentralization. The temporary president will oversee the power transfer, implement the "Shib White Paper," hold the first congress of four DAO councils, and administer the billion token economy. #SHIB #ETHBreaks4000 $SHIB
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🚀💸 Just did the math! If $TRUMP hits $20, I'm a BILLIONAIRE! Lambo? Island? The possibilities are endless! How long till we touch $20? Share your predictions below. #TrumpCrypto
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BREAKING: Arthur Hayes Buys Back $ETH After $8.32M Sell, As Price Surges Past $4,000 Arthur Hayes, co-founder of 100x and one of crypto’s most recognizable traders, has made a high-profile move back into #Ethereum #ETHBreaks4000 #ETHBreaks4000 , just a week after selling 2,373 $ETH (~$8.32M) at ~$3,507. According to on-chain data, Hayes withdrew $10.5M USDC from his wallets four hours ago to repurchase ETH at a higher price, as the cryptocurrency pushed past the $4,000 mark and neared $4,200. Onchain Tracker Lookonchain According to the chart by Hayes, as of today, August 9, #Ethereum has climbed sharply over recent days, aligning with the buyback. The timing reflects Hayes’s active, high-conviction trading style, often influenced by macroeconomic shifts and market sentiment. His accompanying post on X playfully apologized to Fundstrat — a research firm led by Tom Lee — promising never to take profits again, in a tongue-in-cheek nod to the rally he partially missed. Arthur’s post on X TradingView data from August 9 (06:44 UTC) shows Ethereum’s rapid climb aligning with this move. Academic research has shown that high-profile trader actions can spike crypto volatility by up to 30% within hours, a pattern visible here as ETH’s surge gained momentum. With ETHnow holding above $4,000 and altcoin markets heating up, Hayes’ reentry underscores growing trader confidence that the current momentum could extend, possibly targeting new cycle highs. #ETHBreaks4000
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🚨Lquidity. $183.6 MILLION IN ETH SHORTS HAVE BEEN LIQUIDATED. #Liquidations
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