Osaka Protocol (ETH: $OSAK) is a meme coin inspired by the vision of Ryoshi, the creator of the Shiba Inu protocol. It aims to bring true decentralization back to the masses while creating a community of explorers and innovators.
Who Is Ryoshi?
Ryoshi is the elusive, enigmatic figure behind Shiba Inu. His identity is cloaked in anonymity, which calls back to the mysterious creator of Bitcoin, Satoshi Nakamoto. He is believed to be behind the launch of Shiba Inu in August 2020, part of a wave of meme coins inspired by Dogecoin.
To stand out, Ryoshi set out to create an ecosystem that is true to decentralization, launching the ShibaSwap decentralized exchange. While Ryoshi’s identity has never been uncovered, a huge community has grown around his project.
Today, that community is called the Shib Army and is one of the most vocal meme coin communities on social media. It has led to the rise of not only the Shiba Inu ecosystem but also crypto in general.
The Shiba Inu Ecosystem
From just another meme coin, Shiba Inu has grown into a large ecosystem. At the center of this ecosystem is ShibaSwap, a decentralized exchange. SHIB holders enjoy DeFi services while also participating via staking and liquidity provision.
Since the launch of SHIB, various other meme coins have been launched within the ecosystem, including LEASH and BONE.
Ryoshi’s Vision And Osaka Protocol
Ryoshi envisioned an ecosystem where the community is in full control of all aspects of the projects. He emphasized the important on decentralized governance, which is reflected in how ShibaSwap works.
Ryoshi’s goal is to create a democratic system rather than personal wealth or fame. This ethos of total decentralization is what drove the creation of Osaka Protocol (OSAK). The founders of OSAK believe that a project should be free of all centralized control.
Osaka Protocol (OSAK) Ecosystem
The OSAK meme coin has no dev team, and all decisions are made by the community. If you need something to happen, do it yourself by rallying the community to your cause. There is no secret team working to steer the project in the background.
The project launched with a maximum supply of 1 quadrillion tokens. Out of those, 761.45T are in circulation. The initial LP took up 10% of the supply, 10% went to the LP farm, 30% was sold during the Shiba airdrop, and 50% went to the SHIB deployer wallet.
OSAK Market Performance
As of March 25, 2025, Osaka Protocol (OSAK) has a market cap of $45.42M. Its 24-hour trading volume is $33.86K, an 18.75% increase, and the fully diluted valuation is $60.19M.
Over the past week, the price of OSAK has soared 73.31% to $0.00000006019 per token, while the price is up 0.67% in the past 24 hours.
OSAK is listed on several centralized exchanges, such as MEXC, BVOX, and Ourbit. It is also listed on several decentralized exchanges, such as Uniswap v2, LFJ (Avalanche), and PancakeSwap v2 (BSC).
Social Media Following
The project has a respectable online following, with 33.9K followers on X, 969 members on Discord, and 8,317 members on Telegram.
Is OSAK A Great Buy In March 2025?
Osaka Protocol (OSAK) is a meme coin with a huge online following, and a dedication to Ryoshi’s version of complete decentralization. Its commitment to Ryoshi’s vision has paid off with a huge online community, and a market cap nearing $50 million. Based on its recent performance, adding OSAK to your portfolio could potentially be beneficial to your portfolio.
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