Vitalik Buterin reacts to the latest Shiba Inu development, defying odds and setting its position as a token of value in the crypto space.
craze is far from over. What were considered assets with no real value have continued to make waves in 2024. The newest addition to this mania was a surprising discovery uncovered by Politico.Going back to May 2021, Ethereum co-founder Vitalik Buterin donated massive amounts of meme coins to several charities. FLI was one of themButerin’s changing perception of Shiba Inu
“It’s the same situation as with cryptorelief: I quickly sent a pile of SHIB, thinking it would surely drop 100x in a few days so I had to act fast, and expecting they would be able to cash out at most like $10-25m. But of course SHIB massively outperformed my expectations…” Notably, SHIB’s value did drop post the CryptoRelief donation. However, it recovered quickly. The continued rally even led the token to hit an all-time high just five months later in October 2021Kamina is a content writer at AMBCrypto. With a Journalism degree and MBA in International Business, she expertly navigates blockchain, crypto, and AI, melding her academic insights with future-forward interests to create compelling narratives that educate and inspire in the evolving digital landscape.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shiba Inu vs Shiba Budz; Meme Coin Showdown This Bull run, Be there or Be SquareAs the cryptocurrency bull run charges ahead, a showdown looms on the horizon between two formidable meme coin contenders:..
Read more »
Shiba Inu (SHIB) rival: SHIB holders double profits in new meme cryptocurrencyAs Shiba Inu (SHIB) holders look for new opportunities to grow their wealth, Shiba BudzShiba Budz (BUDZ) presents itself as a compelling...
Read more »
Shiba Inu’s price prediction – Here’s the bull case for SHIBThe power of the Shiba Inu [SHIB] community was reflected again as the active addresses had begun to surge. Between the 5th and 7th of March,
Read more »
Shiba Inu: Are whales losing interest in SHIB?SHIB's price takes a hit as the MakerDAO founder offloads substantial amounts of the memecoin. What's next for the token?
Read more »
Will SHIB follow suit as Shiba Inu volumes surge?Shiba Inu's $412.06 million volume surge propels an 8.68% price rise. However, declining social volume and sentiment signal hurdles.
Read more »
BlockDAG: The future of crypto with Shiba Inu and GRT price predictionsDive into the crypto's potential with insights into Shiba Inu and GRT's price predictions with BlockDAG technology redefining the...
Read more »