• 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

Wirex and Stellar Launch Dual-Stablecoin Visa Settlement for 7 Million Users

chest

Wirex has launched dual-stablecoin settlement using USDC and EURC on the Stellar blockchain, enhancing payment processing for over 7 million users.

user avatarLi Weicheng

Metavesco Partners with BLAQclouds to Enhance OTC Markets

chest

Metavesco has formed a strategic partnership with BLAQclouds to accelerate crypto adoption and improve OTC market conditions.

user avatarTenzin Dorje

The Role of American Depositary Receipts in Emerging Market Investment

chest

ADRs provide US investors with access to emerging market equities, facilitating investment in foreign companies.

user avatarBayarjavkhlan Ganbaatar

Seven Essential Strategies for Investing in Emerging Markets

chest

Investors are encouraged to adopt specialized, active strategies to navigate the complexities of emerging market stocks.

user avatarDiego Alvarez

Expert Strategies for Trading Major Macroeconomic News Events

chest

Professional traders utilize advanced techniques to capitalize on market volatility during significant economic releases.

user avatarKenji Takahashi

Emerging Markets Positioned as New Source of Alpha

chest

Emerging Market equities are gaining attention as a critical source of alpha and diversification for global portfolios due to structural reforms and resilience.

user avatarMohamed Farouk

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.