Shiba Inu’s ($SHIB) developer, Shytoshi Kusama has introduced the ‘WHY Combinator’, a decentralized technology stack that helps projects within the meme coin sector answer one simple question.
‘Why does this project exist?’
From now on, the WHY Combinator will guide all ventures of the Shiba Inu community, a move that bodes well for tokens with a real utility like Solaxy, the token behind a new Solana layer 2.
Why Do We Need the WHY Combinator?
Shytoshi doesn’t want $SHIB and other future projects to be seen as just another useless meme coin. The founder quickly realized the need for a meme coin to have a clear purpose – something to steer the token’s direction, inspire its community, and make it stand out.
Already the second-largest meme community, Shiba Inu now wants to rival titans like Ethereum, Solana, and TON.
The WHY Combinator could add to its credibility and help to identify other projects that have a deeply rooted mission to bring real value. These projects will, in turn, validate the functionality of $SHIB’s ‘operating system’.
Why Is the ‘Why’ So Important?
The launch of the WHY Combinator doesn’t mean the Shiba Inu team will only support projects that promise to fight climate change, take humanity to Mars, or treat cancer.
There will still be projects that thrive on fun and hype, alone. That said, having a clear ‘why’ helps token projects:
- Make strategic decisions
- Promote loyalty within the community
- Maintain focus during bearish times
All of this should ultimately help projects within the ecosystem remain viable over the long term.
Why Now?
Introducing the WHY Combinator now could just be a natural progression of the ecosystem, or it might signal Shibu Inu ramping up ahead of the bull run.
Favorable regulations and institutional capital inflows are sure to continue to drive the growth of larger, more complex crypto ecosystems.
Perhaps, Shiba Inu wants to demonstrate to its community it’s capable of building applications that make an impact. And that its ecosystem deserves the attention of whale investors, just like the ‘boring’ networks.
Why Is Solaxy the Future of Solana?
The battle between pure meme coins and utility-focused tokens with memetic appeal has been going on for some time.
We now see an interesting mix of both among the top meme coins, with the likes of $PEPE, $WIF, and SPX in the former category and $SHIB, $PENGU, $FLOKI, and $AI16Z in the latter.
But for new meme coins, hype alone seems to only get them so far. Tokens with a clearly defined ‘why’ seem to have higher odds of staying in it for the long haul.
Among new crypto meme projects realizing this utility is Solaxy ($SOLX) – the first Solana Layer-2.
Solaxy promises to infinitely scale Solana and reduce congestion by offloading transactions to its proprietary chain. Greater scalability means lower fees, faster processing times, and an overall smoother experience.
On top of that, Solaxy bridges Solana with Ethereum for seamless transfers between the two leading meme coin blockchains.
Currently on presale, Solaxy has raised $10M in its first month. One $SOLX now costs $0.001598, but the price is set to increase in four hours, so now is the best time to secure your share of tokens at a discount.
The ‘Why’ Factor
Shiba Inu’s focus on the ‘why’ might be the very reason for its current top-dog status. Now, it’s using that ‘why’ to set a new industry standard.
Solaxy is one new meme coin that aligns with this, perfectly. Possibly the fastest meme coin network ever, it could unlock Solana’s true potential and attract significant investment. It could also be one of the new low-cap coins to deliver 10x gains to early investors.
However, the crypto market is volatile, and no project’s success is guaranteed. Always DYOR and only invest as much as you can afford to lose.
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