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.