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Vitalik Buterin donates $1 billion in Shiba Inu coin (SHIB) to India’s COVID fight

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Ethereum co-founder Vitalik Buterin sent over $1 billion worth of Shiba Inu (SHIB) tokens to a charity that funds India’s ongoing COVID fight.

Shiba is a memecoin termed as a “Dogecoin Killer” that reached a $12 billion marketcap earlier this month. Buterin was sent 50% of the coin’s entire supply by the project’s creators back in 2020 as a means of ‘burning’ the tokens (or taking them out of circulation).

And Buterin held on, till today. But he didn’t choose to sell

and line his pockets like a sleazy banker. He donated to India’s coronavirus charity instead—making it one of the biggest COVID donations from an individual.

(This story is developing.)

The post Vitalik Buterin donates $1 billion in Shiba Inu coin (SHIB) to India’s COVID fight appeared first on CryptoSlate.



Source: Vitalik Buterin donates billion in Shiba Inu coin (SHIB) to India’s COVID fight

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