![]() The remaining 50% was burned to Vitalik Buterin and we were the first project following this path, so everyone has to buy on the open market, ensuring a fair and complete distribution where devs don’t own team tokens they can dump on the community.īuterin now controls over $8 billion of the cryptocurrency, making him wealthier in Shiba Inu than in Ethereum. The official website states that 50% of the total supply has been locked in decentralized exchange Uniswap, while the other remaining half has been sent to Vitalik Buterin for burning. Shiba Inu was launched in August 2020 to outpace its canine-themed rival cryptocurrency. While Dogecoin price has tumbled over 36% since Elon Musk made his appearance on “Saturday Night Live” over the past weekend, SHIB price performance has inversely climbed by 165% in the past 24 hours to a record high of $0.00003876. SHIB price has surged massively off the back of its most recent listings on major crypto exchanges, including Binance, FTX, Huobi and OKEx. Shiba Inu, known as the “DOGE killer,” uses the dog breed name that represents the Dogecoin cryptocurrency. Shiba Inu price surges to new record high ![]() Leading exchange Binance faces criticism over the listing of the Ethereum-based meme coin.ĭemand for the Shiba Inu coin has been soaring as popular meme-based token Dogecoin has gained widespread popularity.SHIB price has climbed by over 2,260% in the past week, as many investors missed out on the Dogecoin pump.“DOGE killer” Shiba Inu coin has reached a new all-time high as it rides on bullish momentum from recent crypto exchange listings.
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