Vitalik Buterin, the founder of Ethereum has burned $6.6 billion in Shiba Inu tokens.
Vitalik Buterin, the co-founder of Ethereum, has burned 90% of his Shiba Inu coin (SHIB) holdings, worth $6.7 billion.
Late on Sunday, the trove of over 410 trillion tokens was sent to a defunct blockchain address, effectively removing them from circulation.
In recent weeks, Buterin was given half of SHIB's total supply in what seemed to be a publicity stunt.
“I've agreed to burn 90% of the shiba tokens left in my wallet. The remaining 10% will go to a (yet-to-be-determined) charity with principles close to cryptorelief (preventing large-scale loss of life), but with a longer-term focus,” he said it in a note that was also attached to another transaction at the time.
Last week, Buterin donated 50 trillion SHIB tokens (worth about $1.2 billion at the time) to Polygon creator Sandeep Nailwal's India COVID-19 relief fund.
SHIB, dubbed the "DOGE killer," has seen a nearly 900 percent price surge in the last two weeks, with an all-time high of $0.00003791 on May 10 and listings on major exchanges such as Binance and Huobi.
On the decentralised finance network Uniswap, the remaining half of SHIB's supply is locked for liquidity.
Buterin also mentioned in his note that he would prefer that cryptocurrency creators donate their coins to charity rather than to him. He said, "I don't *want* to be a locus of power of that sort."
According to CoinGecko, the news of Buterin's behaviour had no major impact on SHIB's price, despite a slight bump to $0.00001880 shortly after. It has since retreated and is currently floating around $0.000016 at press time.
Click here to join our telegram channel (t.me/DrForexOfficial1) and stay updated with the latest news and updates.
enuayhu16-08-2024 | 06:00 PM
Other condoning lucent [URL=https://tacticaltrappingservices.com/pill/cialis-professional/]order cialis professional[/URL] [URL=https://tacticaltrappingservices.com/item/propecia-without-dr-prescription-usa/]propecia without dr prescription usa[/URL] [URL=https://alliedentinc.com/drugs/ed-sample-pack/]generic ed sample pack from india[/URL] [URL=https://cassandraplummer.com/viagra-25mg/]viagra 100mg[/URL] [URL=https://brazosportregionalfmc.org/pill/prednisone-online-uk/]prednisone[/URL] [URL=https://tacticaltrappingservices.com/pill/tretinoin/]tretinoin[/URL] [URL=https://tacticaltrappingservices.com/pill/prednisone/]generic prednisone canada[/URL] [URL=https://ucnewark.com/pill/extra-super-viagra/]extra super viagra non generic[/URL] [URL=https://cassandraplummer.com/bentyl/]overnight bentyl[/URL] [URL=https://andrealangforddesigns.com/nizagara-online-pharmacy/]nizagara 100 tablets[/URL] [URL=https://andrealangforddesigns.com/pill/sildalis/]comprar sildalis generico españa[/URL] sildalis pills 120mg [URL=https://cassandraplummer.com/prednisone-price-walmart/]prednisone price walmart[/URL] [URL=https://tacticaltrappingservices.com/pill/hydroxychloroquine/]where do i order hydroxychloroquine online[/URL] plasma, compartment, cialis professional generic canada propecia 1mg buy ed sample pack without prescription farmacia online viagra prednisone 5mg buy tretinoin w not prescription prednisone extra super viagra online canada canadian pharmacy bentyl cost of nizagara tablets sildenafil sildalis prednisone price walmart online canadian pharmacy, hydroxychloroquine venous, wake https://tacticaltrappingservices.com/pill/cialis-professional/ https://tacticaltrappingservices.com/item/propecia-without-dr-prescription-usa/ https://alliedentinc.com/drugs/ed-sample-pack/ ed sample pack price at walmart https://cassandraplummer.com/viagra-25mg/ viagra precio farmacia https://brazosportregionalfmc.org/pill/prednisone-online-uk/ https://tacticaltrappingservices.com/pill/tretinoin/ https://tacticaltrappingservices.com/pill/prednisone/ purchase prednisone without a prescription https://ucnewark.com/pill/extra-super-viagra/ https://cassandraplummer.com/bentyl/ https://andrealangforddesigns.com/nizagara-online-pharmacy/ https://andrealangforddesigns.com/pill/sildalis/ cheap sildalis 120 mg https://cassandraplummer.com/prednisone-price-walmart/ https://tacticaltrappingservices.com/pill/hydroxychloroquine/ hydroxychloroquine withdrawal life?
avivuotu13-08-2024 | 06:00 PM
Duplex launched [URL=https://tacticaltrappingservices.com/item/propecia/]propecia 1mg[/URL] [URL=https://alliedentinc.com/drugs/nizagara/]nizagara 25mg[/URL] [URL=https://alliedentinc.com/drugs/priligy/]priligy[/URL] [URL=https://cassandraplummer.com/lowest-nizagara-prices/]nizagara[/URL] [URL=https://a1sewcraft.com/cialis-10-mg/]cialis.com lowest price[/URL] [URL=https://cassandraplummer.com/pill/lasix/]lasix prices cheap[/URL] lasix online cheap discreet [URL=https://tacticaltrappingservices.com/item/vidalista/]vidalista 2.5mg[/URL] [URL=https://cassandraplummer.com/viagra-75mg/]viagra pills[/URL] [URL=https://tacticaltrappingservices.com/pill/hydroxychloroquine/]global meds hydroxychloroquine[/URL] [URL=https://andrealangforddesigns.com/pill/levitra/]levitra[/URL] [URL=https://alliedentinc.com/drugs/lasix-online-uk/]lasix online uk[/URL] [URL=https://tacticaltrappingservices.com/item/pristiq/]preis für pristiq[/URL] [URL=https://brazosportregionalfmc.org/pill/lisinopril/]lisinopril 10mg[/URL] [URL=https://alliedentinc.com/drugs/kamagra/]buy kamagra online order[/URL] [URL=https://alliedentinc.com/erectafil/]erectafil[/URL] interval, propecia capsules nizagara priligy capsules lowest nizagara prices sildenafil cialis 40 lasix from india vidalista without prescription buy viagra online canada generic hydroxychloroquine at walmart generic levitra online where to buy lasix online trusted tablets pristiq lisinopril 2.5mg kamagra uk erectafil cases; bd asks https://tacticaltrappingservices.com/item/propecia/ https://alliedentinc.com/drugs/nizagara/ https://alliedentinc.com/drugs/priligy/ https://cassandraplummer.com/lowest-nizagara-prices/ https://a1sewcraft.com/cialis-10-mg/ https://cassandraplummer.com/pill/lasix/ https://tacticaltrappingservices.com/item/vidalista/ https://cassandraplummer.com/viagra-75mg/ buy viagra online canada https://tacticaltrappingservices.com/pill/hydroxychloroquine/ https://andrealangforddesigns.com/pill/levitra/ northwest pharmacy canada levitra https://alliedentinc.com/drugs/lasix-online-uk/ https://tacticaltrappingservices.com/item/pristiq/ https://brazosportregionalfmc.org/pill/lisinopril/ https://alliedentinc.com/drugs/kamagra/ https://alliedentinc.com/erectafil/ releases recall dihydrocodeine.