Seems that way. It's quite possible Loki also had a meaningful territory that was taken over by Shanks.
My preference/headcanon is Shiki one of the original Four Emperor and lost his seat to Shanks in some epic pirate war, but that's not really possible if Shiki disappeared after Impel Down. At least not with him still being an Emperor.
Maybe Shiki's seat was vacated and Shanks and Loki's fight determined who would fill it.
It makes no sense for shanks to be able to defeat someone like loki tbh.
Full power loki >> Base loki > Ragnir > Base harald = Base Xebec = Prime WB > Old WSM WB > Shanks should be the scaling. Let's see how oda goes about it.
Seems that way. It's quite possible Loki also had a meaningful territory that was taken over Shanks.
My preference/headcanon is Shiki one of the original Four Emperor and lost his seat to Shanks in some epic pirate war, but that's not really possible if Shiki disappeared after Impel Down. At least not with him still being an Emperor.
Maybe Shiki's seat was vacated and Shanks and Loki's fight determined who would fill it.
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