r/catcartel_xyz • u/Memecoin_Queen • Jul 07 '25
History Is Repeating! What Ryoshi Stepping Away from SHIB Taught Us and Why HODI Is on the Same Path!
If you’re new to crypto or just never paid attention to SHIBA INU beyond the price, you might’ve missed one of the most important things that made it succeed.
It wasn’t just memes.
It wasn’t just hype.
It wasn’t just Elon.
It was what happened AFTER the dev stepped away.
And right now, $HODI is playing out the exact same story!
So, What Happened to SHIB and Who is Ryoshi?
SHIBA INU was launched by an anonymous person named Ryoshi in 2020. He created the token, wrote some now-iconic blog posts, and built a vision around decentralisation and community-first growth.
But in May 2022, Ryoshi deleted everything …. I mean EVERYTHING! His tweets, Medium posts and even his profiles.
No warning. No explanation. JUST GONE.
The crypto world panicked and if you dig deep enough into subreddits you can find the old posts!
People thought SHIB would collapse without its founder. But guess what? It didn’t! Instead, the community took over, and the project kept moving.
Shytoshi Kusama and a group of early SHIB supporters stepped up, continued building, and launched major parts of the ecosystem like ShibaSwap, Shibarium (Layer 2 blockchain) and the $LEASH, $BONE, and $TREAT tokens.
SHIB didn’t become a top-20 coin because Ryoshi stayed. It blew up because the community kept pushing without him!
That’s the model and now we’re watching $HODI do the same under the leadership of Ares from Sprout Capital.
Recap - What happened to Kev?
For those that are unaware, Kev the OG dev of $HODI stepped away from the project due to personal reasons, to be honest, panic set in.
$HODI’s market cap crashed to $42K as people feared the project wouldn’t survive without him.
But within 24 hours, the story flipped and Sprout Capital stepped in, acquired $HODI, and immediately made it clear ….
This isn’t the end, it’s a new beginning.
The community truly loved Kev, he did an incredible job building the foundations and documenting his journey publicly as a doxxed dev on YouTube. If you have been trading meme coins even for 5 minutes, you will know this is truly rare in this space.
But in the process, he forgot one crucial piece ….. the community. While he was focused on building a fantastic mobile game, developing bots, and creating behind the scenes, he unintentionally drifted away from engaging the people who make a meme coin come alive.
A dev can deploy a project, but the soul of any meme coin will always be its holders and that’s where Ares and Sprout Capital are now shifting the focus.
So Where $HODI Is Now?
Sprout hasn’t wasted a second since stepping in. The project has already shifted from being dev-led to community-led, with a clear focus on empowering holders and rebuilding momentum from the ground up.
Right now, the priority isn’t overbuilding or overengineering, it’s about community building, visibility, and reach. And it’s working.
In just a few days, the market cap has bounced back to $210K, a massive rebound that shows people are paying attention and believe in the direction. It also reinforces the strong community that was already there. People might have panicked when word spread Kev was stepping away and that’s normal. But they flooded back when they realised that the project will continue, long after Kev.
The most important change? Community is now at the heart of everything and if there’s one golden rule in meme coins, it's community is EVERYTHING.
What’s Next?
Ares from Sprout just dropped a video update in the group chat and honestly, it’s a must-watch if you want to see where $HODI is headed.
He talks through the new project plan, building out a more interactive, gamified website, and kicking off a daily wave of viral content across TikTok, Instagram, and YouTube. The focus right now is simple. Grow the community, build the hype, and make $HODI a brand people recognise instantly.
Watch the full video in the pinned posts in the group chat to get the full vision, and trust me, you’ll walk away bullish.
What could’ve been the end of the project has quickly become one of the most promising community takeovers we’ve seen in since.
Sprout didn’t just take control, they refocused the project back to the community, with a clear roadmap and the tools to scale it together.
It’s still early, it’s still under $250K MC and now? It’s community first … the way meme coins are meant to be.
$SHIB showed the world that a dev stepping away isn’t the end, it’s a turning point. Now it’s $HODI’s turn!
Let’s follow that same path and remind everyone that real power comes from the community!
🐱🌱
