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Shiba Inu Memecoin Launches DAO Because Clearly What You Need Is More Ways for Us to Ignore Your Input

Crypto NewsMemecoinsNews 1 Barry Thompson August 27, 2024

A cartoon Shiba Inu sits at the center surrounded by various tokens (BONE and LEASH) floating above it like clouds. The dog is wearing a crown, symbolizing governance, while its paws hold voting ballots with different colors representing each council's initiatives.

The Shiba Inu memecoin is at it again, folks! Because what every community needs is more bureaucracy and pointless voting councils. The team behind this dumpster fire has decided to launch a DAO (Decentralized Autonomous Organization) because, you know, we didn’t have enough confusion already in the crypto space. Lucie, the pseudonymous marketing lead (because who doesn’t love an anonymous spokesperson?), claims that this will ’empower every holder’ and give them a say in the community’s direction. Yeah, good luck with that! Who wouldn’t want to spend their time voting on charity initiatives and preserving cultural heritage? It sounds like a never-ending nightmare of pointless meetings and bureaucratic red tape.

Source: cointelegraph

Memecoin Shiba Inu unveils plans to launch DAO
https://cointelegraph.com/news/memecoin-shiba-inu-unveils-plans-to-launch-dao
The team behind the Shiba Inu memecoin, the 13th-largest cryptocurrency by market cap, is preparing to launch a decentralized autonomous organization (DAO). In an Aug. 25 X post, Shiba Inu (SHIB) pseudonymous marketing lead “Lucie” shared that the team would launch a DAO, allowing holders of the memecoin to vote on future initiatives and have a say in the future direction of the project.  Source: Lucie “Shib is preparing to […]

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Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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