Dejutaru Tsuka


Why are some Cryptocurrencies so Mysterious?

The origins of some cryptocurrencies are steeped in legend – and yes, mystery. Bitcoin, the first and sui generis of the cryptos, was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. While theories abound, it’s still not settled who or what Satoshi Nakamoto really is.

Perhaps all this mystery has something to do with the descriptor in cryptocurrency’s name: Crypto. The word has taken on a singular meaning in the modern world. When people say “crypto,” they’re referring to cryptocurrencies. But its meaning, which comes from the Greek kruptos for hidden, is concealed or secret.

The Newest is also Opaque in its Origins.

On May 26, 2022, a cryptocurrency called Dejutaru Tsuka (TSUKA) was launched anonymously on the Ethereum network. It takes its name from the Dejutaru Tsuka Dragon. What’s it all about? It’s hard to say. On its website and Twitter feed, we see little other than large-font exclamations such as, “Japanese lore destined the Dejitaru Tsuka dragon to breathe vast flames of wisdom and prosperity to all who embrace its ferocity and strength. It is the harbinger of abundance and wealth.” Not exactly helpful.

Then there’s, “The Dejitaru Tsuka dragon is coveted by the knowing and revered by the lesser. It instills fear and terror in the hearts and minds of those who question. Seal your fate and fortune by harnessing the unrivaled power of the Dejitaru Tsuka dragon.” Hmm. Is that a promise or a threat?

So where does TSUKA come from? The mysterious creator of Shiba Inu (SHIB), Ryoshi, is thought to have created the new cryptocurrency. The mysterious Shiba Inu founder completely disappeared from social media on May 30, 2022. Ryoshi’s Twitter handle and Medium blogs connected to Shibu Inu were deleted, and he remains anonymous.

SHIB has gained widespread popularity and acceptance in the cryptocurrency ecosystem and is among the top rankings in the cryptocurrency markets. The “SHIB Army,” members and followers of the Shiba Inu community, note a series of cryptic messages sent by Ryoshi, and so have come to the conclusion that he is also the developer of TSUKA.

Then again, it’s possible that the founders of Dejitaru Tsuka are impersonators of Ryoshi. Dejitaru Tsuka’s blog signs off with, “We need nothing, we seek nothing, we desire nothing. We are nobody. We are Ryoshi. – ALL HAIL TSUKA.”

I’m not sure whether all these unknowns are good or bad. I do know that a little mystery can add a lot of interest to any project. Not knowing – but believing – that Ryoshi is behind TSUKA has boosted this new cryptocurrency’s profile. Then again, what you don’t know CAN hurt you. This is real money you’d be investing. I’d much prefer knowing rather than hoping the hype is true.

What DO we know about Dejitaru Tsuka?

Not much. As shown above, we don’t know who founded this particular token. TSUKA began trading only three months ago and has a current supply of one billion. On August 15, 2022, it was listed on the exchange, Bitrue. Its recent price was $0.055635, well above its historic low of $0.002394 but below its all-time high of $0.080420. But remember – we’re talking pennies to fractions of pennies, meaning there could be large percentage swings in the price but not large dollar/cents swings. If you’re one of the people looking to Shiba Inu, believing Ryoshi is behind Dejitaru Tsuka, note that SHIB recently closed at $0.000013, with a 52-week range of $0.000005 - $0.000088.

Dejitaru Tsuka (TSUKA) is a blockchain asset with high risk, please be sure to do your own due diligence before investing.


Paul Gravette