- The mysterious and influential lead developer behind Shiba Inu, Shytoshi Kusama, has released a detailed 36-page whitepaper.
- SHIB’s burn rate has jumped in the past day, though the circulating supply still sits at a massive 584 trillion.
Shiba Inu’s lead developer, Shytoshi Kusama, has released the long-awaited AI SHIB whitepaper, signaling what could be a transformative chapter in the project’s evolution. The news was shared by Bad Idea AI, a partner within the Shibarium ecosystem, adding weight to the announcement.
Kusama, who had been notably quiet on social media, broke his silence in mid-June 2025 to hint at this major update.
He described it as a “final white paper exploring AI, Shib, Shy, and our role in this upcoming new age,” suggesting a deep strategic pivot toward artificial intelligence. In true Shytoshi fashion, he even rebranded July 2025 as “Jul‑AI” to reflect the project’s growing AI ambitions.
With this move, SHIB appears poised to move far beyond its meme coin roots and into a future defined by advanced technology and real-world utility.
With the possible integration of Artificial Intelligence (AI), SHIB may be looking to expand into areas like decentralized AI applications, data-driven automation, and advanced utility beyond its meme coin origins. They can shift SHIB’s identity from a meme-powered community to a player at the intersection of AI and Web3.
Reacting to the release, SHIB marketing lead Lucie shared her thoughts in a post on X:
Taking my time to go through the Shytoshi AI paper. AI has always been close to my heart, just like art, film, and storytelling. Let’s see where this leads. A new season in Days of our SHIB… or maybe a whole new show? SHIB CITY, The AI utopia.
Her words capture the sense of curiosity and anticipation surrounding this new phase for Shiba Inu, a project once defined by memes, now aiming to help shape the future of decentralized intelligence.
SHIB Price Outlook
Shiba Inu is currently trading around $0.00001490, which follows a strong 10% surge over the past week and a further 3% gain in the last 24 hours. While momentum remains positive, analysts expect SHIB to stay rangebound between $0.0000139 and $0.0000141 in the short term. However, the token is now approaching a key resistance at $0.000015, a level last tested on May 23.
A decisive daily close above that mark could pave the way for a move toward $0.00001734, which was last reached on May 12. On the trading side, SHIB’s derivatives volume has jumped 26.26%, pushing total activity to $591.91 million, signaling renewed interest from traders.
At the same time, open interest, the number of outstanding, unsettled derivative contracts, has risen 12.93% to $289.84 million, suggesting that more investors are taking positions in anticipation of further movement.
Shibburn data reports an explosive 869.74% increase in SHIB token burns, with 5,892,674 SHIB permanently removed from circulation in just 24 hours, potentially tightening supply and adding bullish pressure to price action.
In total, over 410.75 trillion SHIB have now been burned. However, it hasn’t all been smooth sailing; a major hot-wallet exploit hit crypto exchange BigONE in the early hours of July 16. As CNF explained in a report, the attack traced back to a supply-chain vulnerability that resulted in the theft of 9.69 billion SHIB tokens.
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