• 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 Leverage Ratio Declines, Indicating Reduced Speculative Positioning

chest

The Estimated Leverage Ratio in the crypto derivatives market has sharply declined, suggesting a reduction in speculative positioning and a calmer market environment.

user avatarTando Nkube

Castle Labs Warns of Overbuilt Crypto Market

chest

Castle Labs warns that the cryptocurrency market is overbuilt, with most tokens likely to lose value unless they demonstrate real business traction.

user avatarKofi Adjeman

Bitcoin Mining Difficulty Rebounds, Indicating Network Resilience

chest

Bitcoin mining difficulty has rebounded after a brief dip, indicating renewed miner participation and confidence in Bitcoin's long-term viability.

user avatarNguyen Van Long

Jameson Lopp Raises Alarm Over BIP110's Risks

chest

Jameson Lopp escalates his criticism of the BIP110 proposal, warning it could lead to a disruptive Bitcoin chain split.

user avatarSatoshi Nakamura

Coinbase Revenue Growth Amid Regulatory Challenges

chest

Coinbase reported significant revenue growth in stablecoins despite facing regulatory hurdles in the US.

user avatarJesper Sørensen

Solana's price indicates potential signs of rebound.

chest

Solana's price is recovering from recent losses, showing positive signs as it trades above key support levels.

user avatarRajesh Kumar

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.