• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Shiba Inu's Potential Pitch to Vitalik Buterin

user avatar

by Giorgi Kostiuk

a year ago


Shytoshi Kusama, the leader of the Shiba Inu ecosystem, has reached out to Vitalik Buterin, co-founder of Ethereum, seeking an opportunity to showcase the digital asset’s unique features in a concise 10-minute presentation.

Vitalik Buterin’s Dogecoin Remarks

In a recent interview, Buterin noted that Dogecoin deserves a second spot in the cryptocurrency market rankings. This statement, which circulated widely in crypto circles, surprised many due to Buterin’s connection to Ethereum, a blockchain that has consistently held the number-two ranking by market cap for years.

Kusama’s Reaction and Proposal

Reacting to Buterin’s comments, Kusama proposed a brief presentation to demonstrate Shiba Inu’s strengths, suggesting that the asset could also deserve top-tier status. In his proposal, Kusama plans to discuss the asset’s extensive community involvement, advancements in blockchain technology, and governance framework. He also highlighted that the asset’s potential growth could positively impact the Ethereum ecosystem, as it is built on the blockchain.

Buterin’s Previous Involvement

Buterin has acknowledged Shiba Inu’s unexpected performance in the past, particularly during its initial price surge. In 2021, Buterin received 500 trillion SHIB tokens from the creator, of which he burned 410 trillion to reduce circulation and donated the remaining tokens to various charities. This action has been a significant part of the asset’s story and added to its reputation within the crypto community.

Kusama’s proposed presentation, if accepted, could serve as a turning point for the community, potentially highlighting the asset’s ongoing development and solidifying its role as a distinct cryptocurrency asset.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Market Dynamics: Derivatives vs Spot Investors

chest

The current market dynamics reveal a tug-of-war between derivatives traders and spot investors, impacting Bitcoin's price movement.

user avatarGustavo Mendoza

Standard Chartered and Ant International Unveil Blockchain Tokenized Deposit Solution

chest

Standard Chartered Bank, in partnership with Ant International, has launched a blockchain-based tokenized deposit solution to enhance liquidity management.

user avatarRajesh Kumar

Industry Leaders Challenge MSCI's Proposal to Exclude Crypto Companies

chest

Industry leaders are voicing concerns over MSCI's proposed exclusion of crypto treasury companies.

user avatarMiguel Rodriguez

Younger Generations Invest in Crypto at Higher Rates

chest

In a recent post, Coinbase CEO Brian Armstrong revealed that younger adults are investing in alternative assets, including cryptocurrencies, at three times the rate of older generations.

user avatarLuis Flores

US Oil Prices Drop Below $55 for the First Time Since February 2021

chest

US oil prices have fallen below $55 per barrel for the first time since February 2021, impacting market expectations.

user avatarArif Mukhtar

Challenges Facing the Growth of USDT Payments

chest

Despite rapid adoption, USDT faces regulatory scrutiny and user experience challenges that need to be addressed for mainstream acceptance.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.