$SHIB Shiba Inu Celebrates 3rd Anniversary of Vitalik Buterin's 410 Trillion SHIB Burn, Ripple Not Suppressing XRP Price, Says Legal Analyst: Crypto News Digest by U.Today
In a recent post, the team behind the official Shiba Inu X handle addressed its followers to commemorate a significant date in the project's history. Three years ago, in May 2021, Ethereum cofounder Vitalik Buterin sent 410 trillion SHIB tokens (worth about $6.7 billion at the time) to a dead wallet, permanently removing them from circulation. This huge amount of meme tokens was part of a gift made to Buterin by the Shiba Inu founder, Ryoshi, who sent him 50% of the total SHIB supply. The amount of 410 trillion SHIB represented 90% of the amount sent to Buterin; the remaining 10%, the Ethereum cofounder decided to donate to charity. The commemoration post on Shiba Inu's official X handle gained significant attention from SHIB enthusiasts, scoring 270,000 views and 2,100 likes, which shows that the SHIB community has not forgotten that watershed moment in the project's history.
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