Expert Establishes Connection Between Shiba Inu and Ethereum

A notable figure in the Shiba Inu community has established a connection between SHIB and Ethereum.

In a recent post on X, acclaimed crypto expert Del Crxpto attempted to forge a link between Shiba Inu and Ethereum, drawing on the co-founders of both projects.

Specifically, Del Crxpto recounted when Ethereum co-founder Vitalik Buterin donated multi-billion dollar worth of Shiba Inu to a COVID-19 relief effort. Del Crxpto claimed Shiba Inu ecosystem lead, Shytoshi Kusama, transferred the tokens to Buterin.

The $SHIB / $ETH Connection:

Who remembers when @ShytoshiKusama sent Billions worth of $SHIB to @VitalikButerin, who used it for COVID-19 relief?

Who remembers how the entire space just figured it was a coincidence?

No one should be surprised by what the future holds… the…

— Del Crxpto (@DelCrxpto) March 14, 2024

Ethereum and Shiba Inu Connection

Interestingly, the COVID-19 relief initiative concerned Crypto Relief India, a crypto-based humanitarian endeavor.

The foundation received a staggering $1.5 billion in Shiba Inu from Vitalik Buterin to finance its COVID-19 relief effort. Accordingly, Crypto Relief India liquidated a portion of the Shiba Inu donation to raise $460 million. 

In a separate development last year, Buterin contributed over $150,000 to a wallet endorsed by Shiba Inu’s leader. The fund was directed towards aiding victims of earthquakes in Turkey. Moreover, the SHIB Army contributed to a charitable initiative Buterin established in response to the global pandemic.

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Considering these developments, Del Crxpto prompted the SHIB Army to recollect how the broader community initially perceived the interaction between Kusama and Buterin as a mere coincidence. 

In parallel, he emphasized that nobody should be taken aback by what the future holds for SHIB, asserting that “the signs were always there.” In reaction, another Shiba Inu enthusiast echoed a similar sentiment, speculating:

“Vitalik knows who created SHIB for sure—the OG pic with ‘supposedly’ Shytoshi. Then, magically, billions were sent to his wallet. Like, how did they know that address…”

Essentially, these voices sought to establish that Vitalik Buterin has more profound relationships with the Shiba Inu ecosystem than the public knows, suggesting SHIB is bound to follow ETH’s success.

Significantly, in 2021, the Ethereum founder reportedly destroyed 90% of his Shiba Inu tokens, valued at over $6.5 billion, compounding the asset’s growth. Buterin further pledged to contribute his remaining Shiba Inu tokens to charity causes.

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• Source: https://thecryptobasic.com/2024/03/17/expert-establishes-connection-between-shiba-inu-and-ethereum/?utm_source=rss&utm_medium=rss&utm_campaign=expert-establishes-connection-between-shiba-inu-and-ethereum