Shytoshi Kusama, the leader of the Shiba Inu ecosystem, has reached out to Ethereum co-founder Vitalik Buterin, seeking an opportunity to showcase the digital asset’s unique features in a concise 10-minute presentation.
Kusama’s request comes after Buterin recently expressed support for Dogecoin (DOGE), stating that DOGE has what it takes to be the second-largest cryptocurrency after Bitcoin.
Vitalik Buterin’s Dogecoin Remarks Spark Interest
In a recent interview, Buterin noted that Dogecoin deserves a second spot in the cryptocurrency market rankings.
This statement, which circulated widely in crypto circles, surprised many due to Buterin’s connection to Ethereum, a blockchain that has consistently held the number-two ranking by market cap for years.
Kusama’s Reaction and Proposal
Reacting to Buterin’s comments, Kusama proposed a brief presentation to demonstrate Shiba Inu’s strengths, suggesting that the asset could also deserve top-tier status.
In his proposal, Kusama plans to discuss the asset’s extensive community involvement, advancements in blockchain technology, and governance framework. He also highlighted that the asset’s potential growth could positively impact the Ethereum ecosystem, as it is built on the blockchain.
In his public appeal, Kusama urged the community members to help draw Buterin’s attention to his proposal. This call to action was met with enthusiasm, as many supporters engaged in the effort, showing their confidence in the asset’s future and its relevance within the broader cryptocurrency ecosystem.
Marketing Lead Comments on Buterin’s Perspective
Lucie, Shiba Inu’s marketing specialist, added her thoughts, suggesting that Buterin may already recognize SHIB’s value and could potentially see it as a valuable contributor to Ethereum’s future.
She pointed out that since the asset operates on the Ethereum network, it contributes to Ethereum’s ecosystem and could benefit from mutual support and recognition from Ethereum’s creators.
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Buterin’s Previous Involvement
Buterin has acknowledged Shiba Inu’s unexpected performance in the past, particularly during its initial price surge. In 2021, Buterin received 500 trillion SHIB tokens from the creator, of which he burned 410 trillion to reduce circulation and donated the remaining tokens to various charities.
This action has been a significant part of the asset’s story and added to its reputation within the crypto community.
Currently, the asset holds the 12th position among cryptocurrencies by market capitalization, valued at around $10.47 billion, while Dogecoin ranks 8th with a valuation of approximately $23.72 billion.
Kusama’s proposed presentation, if accepted, could serve as a turning point for the community, potentially highlighting the asset’s ongoing development and solidifying its role as a distinct cryptocurrency asset.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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