Shiba Inu, the DOGE Killer: a Decentralized Deflationary Store of Value

[terciduk123]

I am worried about top 3 account holders, they can dump anytime

Rank   Address |   Quantity   | Percentage
1   Vb   | 505,003,979,788,097.810975426410971136   | 50.5004%

2   0x1406899696adb2fa7a95ea68e80d4f9c82fcdedd   | 70,200,000,000,000.000542200576012927   | 7.0200%

3   Huobi 10   | 58,200,736,951,647.594894085   | 5.8201%

I understand your concern, but don't need to worry too much, the wallet marked Vb a is the address of the burning wallet to Vitalik Buterin. As for the second wallet, I don't know about it and for the other top holers, most of them are exchange wallets, so there's no need to worry.

[1714961795]

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[tbct_mt2]

I understand your concern, but don't need to worry too much, the wallet marked Vb a is the address of the burning wallet to Vitalik Buterin. As for the second wallet, I don't know about it and for the other top holers, most of them are exchange wallets, so there's no need to worry.

Vitalik Buterin, how about his role in Shiba Inu?

I can not believe that Vitalik involves in the creation and development of Shiba Inu. Unbelievable.

Shiba Inu is the token that take advantage of the hype of Dogecoin with investment and shill efforts from Elon Musk and his team mates. No matter what is done by Vitalik with Shiba or Elon with Dogecoin, price of Shiba is extremely over value and hey please afford your loss if you want to gamble. I won't.

[Teraboy]

I understand your concern, but don't need to worry too much, the wallet marked Vb a is the address of the burning wallet to Vitalik Buterin. As for the second wallet, I don't know about it and for the other top holers, most of them are exchange wallets, so there's no need to worry.

Vitalik Buterin, how about his role in Shiba Inu?

I can not believe that Vitalik involves in the creation and development of Shiba Inu. Unbelievable.

It looks like vitalik has nothing to do with this coin but shiba developers were only airdropping so many tokens for vitalik. Sometimes the developer was doing this to create awareness to attract new users by mentioning vitalik was holding 50% from the total supply.

[xianbits]

It's a mystery to me why everyone is listing this, holders must have some connections because this is just a generic token with nothing special in it. Gongratz to all holders now but i still don't see what this brings to the table or how would it benefit anyone?

Exactly, I was in shock when I saw the article of binance listing SHIB on their exchange. Well, as I was thinking, could be, since SHIB has a very huge community, Binance considered the revenue they can get from a large community's trading fees. But there are also huge community coins out there like this.

[Daltonik]

The CEO of binance has already reported on Twitter that after the listing of Shiba, an incredible number of users who want to purchase the token led to the fact that today binance ran out of ETH deposit addresses due to SHIB. Never happened before for any other ERC20 coin.

Sooner or later, but someone will pay for it, one of the early investors who invested 37 ETH in SHIB from August to October 2020 has already earned $2 billion

[WalkerIVIV]

The CEO of binance has already reported on Twitter that after the listing of Shiba, an incredible number of users who want to purchase the token led to the fact that today binance ran out of ETH deposit addresses due to SHIB. Never happened before for any other ERC20 coin.

Im feeling curious how it is possible for exchange site to ran out eth deposit addresses.

Sooner or later, but someone will pay for it, one of the early investors who invested 37 ETH in SHIB from August to October 2020 has already earned $2 billion

How lucky that guy is.

2 ethereum already returned with more than 250 million USD worth of shiba coin. I thought that he will be starting to dump his money in the future.

[xianbits]

The CEO of binance has already reported on Twitter that after the listing of Shiba, an incredible number of users who want to purchase the token led to the fact that today binance ran out of ETH deposit addresses due to SHIB. Never happened before for any other ERC20 coin.

Sooner or later, but someone will pay for it, one of the early investors who invested 37 ETH in SHIB from August to October 2020 has already earned $2 billion

Quite amazing at how a certain "thing" somehow considered to be infinite is now running out in Binance. How big SHIB community is, right? I'm still trying to figure it out if this is real or if it will just last for some time or forever.

[crwth]

I see this a lot, and I think many people are interested in investing in these meme coins. They say that it's the new way of investing and creating different waves across investing. Some people are even considering this as gambling, though.

I might be getting a few of this, just an insignificant amount that I'm okay losing. Anyone else doing this as well?

[necromastery]

Sooner or later, but someone will pay for it, one of the early investors who invested 37 ETH in SHIB from August to October 2020 has already earned $2 billion

How lucky that guy is.

2 ethereum already returned with more than 250 million USD worth of shiba coin. I thought that he will be starting to dump his money in the future.

This is the first time I see that the risk and the payoff are really equal. It's not easy for people to invest or put his valuable ethereum for tokens that look like a joke with a very simple ann like this project, whereas I definitely prefer to hold my eth rather than do it.

[AmoreJaz]

The CEO of binance has already reported on Twitter that after the listing of Shiba, an incredible number of users who want to purchase the token led to the fact that today binance ran out of ETH deposit addresses due to SHIB. Never happened before for any other ERC20 coin.

Sooner or later, but someone will pay for it, one of the early investors who invested 37 ETH in SHIB from August to October 2020 has already earned $2 billion

Quite amazing at how a certain "thing" somehow considered to be infinite is now running out in Binance. How big SHIB community is, right? I'm still trying to figure it out if this is real or if it will just last for some time or forever.

this did not take long for binance to list this token. look at the volume in binance for SHIB-USDT. this is overwhelming, billion dollars in 24h. no wonder Binance took this in.
but where are all the monies come from? is this really worth buying or just a hype? this is a very scary investment to take. but if you don't buy, it seems you are missing a good opportunity to earn good profits.

[tbct_mt2]

this did not take long for binance to list this token. look at the volume in binance for SHIB-USDT. this is overwhelming, billion dollars in 24h. no wonder Binance took this in.
but where are all the monies come from? is this really worth buying or just a hype? this is a very scary investment to take. but if you don't buy, it seems you are missing a good opportunity to earn good profits.

Binance need money and gradually they break their core mission and sacrifice the safety of customers for their benefits.

I know Binancians can not blame on Binance for anything with their investment or trading. It's their money, their decisions, investment and trade so go ahead with awareness of terrible loses. Binance give them reminder but I see it as a mean to wipe out their responsibility.

Scam projects nowadays are easily to be listed on big exchanges even on Binance. It is sad because Binance reject to list many old projects that with time prove that they are not scam.

No volume, low volume, please don't contact Binance to list your project.

[o48o]

Vitalik Buterin, how about his role in Shiba Inu?

I can not believe that Vitalik involves in the creation and development of Shiba Inu. Unbelievable.

Shiba Inu is the token that take advantage of the hype of Dogecoin with investment and shill efforts from Elon Musk and his team mates. No matter what is done by Vitalik with Shiba or Elon with Dogecoin, price of Shiba is extremely over value and hey please afford your loss if you want to gamble. I won't.

Anyone can send anyone anything. The person receiving the tokens doesn't need to even know about it. That's the nature of immutable blockchain and permissionless transactions. They were send to vitalik's address to "burn" but it was also a genius marketing move. I don't think that vitalik will do anything with them. I mean imagine him dumping them and donating everything to charity. That would eat the liquidity and price to zero.

[tippytoes]

Vitalik Buterin, how about his role in Shiba Inu?

I can not believe that Vitalik involves in the creation and development of Shiba Inu. Unbelievable.

Shiba Inu is the token that take advantage of the hype of Dogecoin with investment and shill efforts from Elon Musk and his team mates. No matter what is done by Vitalik with Shiba or Elon with Dogecoin, price of Shiba is extremely over value and hey please afford your loss if you want to gamble. I won't.

Anyone can send anyone anything. The person receiving the tokens doesn't need to even know about it. That's the nature of immutable blockchain and permissionless transactions. They were send to vitalik's address to "burn" but it was also a genius marketing move. I don't think that vitalik will do anything with them. I mean imagine him dumping them and donating everything to charity. That would eat the liquidity and price to zero.

It has been sent already to charity. So we don't know if there is still future for this token. And by the way to tbct_mt2 - Vitalik is not involved in the creation and development of Shiba Inu. It just happens that the dev of this token sent Vitalik large amount of tokens to his address. And Vitalik decided to sent it to charity instead.

https://www.forbes.com/sites/ninabambysheva/2021/05/12/ethereums-co-founder-vitalik-buterin-donates-over-1-billion-to-india-covid-relief-fund-and-other-charities/?sh=3012a9706548

[LaaMos Seeth]

As a Shiba holder, what reward should I get - any tokens, stakes?

[o48o]

It has been sent already to charity. So we don't know if there is still future for this token. And by the way to tbct_mt2 - Vitalik is not involved in the creation and development of Shiba Inu. It just happens that the dev of this token sent Vitalik large amount of tokens to his address. And Vitalik decided to sent it to charity instead.

https://www.forbes.com/sites/ninabambysheva/2021/05/12/ethereums-co-founder-vitalik-buterin-donates-over-1-billion-to-india-covid-relief-fund-and-other-charities/?sh=3012a9706548

Yeah, funny. I wrote about that before the dump . I didn't believe he would actually do it but i respect that a lot and i don't get why some people are offended by this move. It was his money and they literally send it by themselves . People don't like to do their research or think about game theories i guess.

[tbct_mt2]

They were send to vitalik's address to "burn" but it was also a genius marketing move. I don't think that vitalik will do anything with them. I mean imagine him dumping them and donating everything to charity. That would eat the liquidity and price to zero.

@tippytoes gave the article that Vitalik already donated it to charity. How his donated tokens are used by charity foundation is unknown but I agree that marketing from SHIBA team is successful. It brings a meme trend to crypto market.

It has been sent already to charity. So we don't know if there is still future for this token. And by the way to tbct_mt2 - Vitalik is not involved in the creation and development of Shiba Inu. It just happens that the dev of this token sent Vitalik large amount of tokens to his address. And Vitalik decided to sent it to charity instead.

https://www.forbes.com/sites/ninabambysheva/2021/05/12/ethereums-co-founder-vitalik-buterin-donates-over-1-billion-to-india-covid-relief-fund-and-other-charities/?sh=3012a9706548

Vitalik does the right thing. The Shiba Inu team tried to connect their shit token with Vitalik. They tried to have connection with Vitalik to attract investors to $SHIB token. They get success with this strategy but this shit token will need a few years in the market to become the powerful meme token.

I doubt $SHIB will go far like Dogecoin.

[Daltonik]

VB made another move after transferring funds in the form of 50 trillion SHIB to the COVID-19 fund in India and now the os has burned 90% of the remaining Shiba Inu tokens, he explained that he did not intend to keep SHIB in his wallet for security reasons. In order to avoid speculation during further movements, the co-founder of Ethereum decided to get rid of the coins. https://etherscan.io/tx/0x7a69f558bdc4aaf1e6bab9473c84cb2fddbd1e419c44d5c22eb88bedeb09657c

[jqprez]

VB made another move after transferring funds in the form of 50 trillion SHIB to the COVID-19 fund in India and now the os has burned 90% of the remaining Shiba Inu tokens, he explained that he did not intend to keep SHIB in his wallet for security reasons. In order to avoid speculation during further movements, the co-founder of Ethereum decided to get rid of the coins. https://etherscan.io/tx/0x7a69f558bdc4aaf1e6bab9473c84cb2fddbd1e419c44d5c22eb88bedeb09657c

And this is the result. sunken ethereum. now you can continue trading shitcoins on defi centers.

[sukoyomi]

Take a look "PLEASE DO NOT GIVE ME COINS OR POWER IN YOUR PROJECT WITHOUT MY CONSENT." LOL
It seems that Lord is annoyed by the presence of a trend that does things like this, but it will continue even without his consent.

[Twinkledoe]

marked this topic, will be interesting to follow
only sad that op has abandoned it

My joke but if Vitalik can abandon this forum, SHIBA INU developers can abandon it too. Fair enough.

It is a joke, meme token so let the community contribute to its growth, not developer team. With the achievement that shit token has gotten so far, it is absolutely risky token to invest. I see flash crash with very deep percent of loss will be chance to fastly enter and exit.

Invest, sorry I don't have interest and don't gamble.

I don't understand how this SHIB token came pumping this year in the market, when the OP has long been gone? Do they have pumping community that they even made it to Binance? What will happen to this token in Binance, once traders got lost interest and another meme token has come forward? For those who don't know how this kind of token works, better not to invest any, as the risk of losing your funds is very high. We don't know what will happen once dust settles here.