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Shiba Inu Coin Holders Revolt, Say “We Don’t Need an Incompetent President”
In a shocking turn of events, the community surrounding Shiba Inu coin has erupted into chaos as holders have taken to social media and online forums to voice their discontent with the current leadership. A growing number of users are calling for change, stating that they no longer wish to be led by someone who is not capable of delivering results.
The controversy surrounds an upcoming election process, which will see a new interim president appointed to guide the direction of the $7 billion token ecosystem. While the move was initially met with excitement and anticipation, many in the community are now accusing the current leader of making empty promises and failing to deliver on his commitments.
One prominent project, WoofSwap, has been vocal in their criticism, stating that they no longer wish to be led by someone who is more interested in self-promotion than actual progress. “We don’t need an incompetent president,” they wrote in a recent post. “I don’t mind leaders who profit, but I do mind those who can’t deliver and bleed the community dry.”
This sentiment has been echoed by other long-time supporters, including Shiba Germany, who are urging a return to the original vision of transparency, decentralization, and shared responsibility. It is clear that this discontent goes far beyond simple disagreement, with many feeling betrayed by the current leadership.
The election process itself has also been criticized for being overly restrictive, with applicants required to undergo Know Your Customer (KYC) verification and sign a Non-Disclosure Agreement before their candidacy can be considered. This perceived lack of transparency has led some to accuse the foundation of seeking to manipulate the outcome rather than allowing genuine change.
As the debate continues to rage on social media, it remains to be seen how this crisis will unfold and what kind of long-term impact it may have on the Shiba Inu community.
Source: coinpedia.org
