What's Hot

    Chinese tax authorities step up pressure on private crypto investors

    26.01.2023

    Tether will look for crypto transactions that pay for child pornography

    26.01.2023

    On-chain activity in the Optimism network collapsed after the end of the NFT bonus program

    26.01.2023
    Facebook Twitter Instagram
    Friday, January 27
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Altcoins»XRP and Shiba Inu Backers Exchanged Mutual Barbs
    28f32430aaf7c4e3e4c18698237893a09e0c187e
    Altcoins

    XRP and Shiba Inu Backers Exchanged Mutual Barbs

    AdministratorBy Administrator11.12.2021No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    In a recent tweet, Ripple CTO David Schwartz hit the crypto meme Shiba Inu.

    The top manager ridiculed the giant token supply, saying that the loss of the huge amount of SHIB tokens would have been a paltry $ 1.37.

    Someone stole one hundred Shiba Inu coins today; losses are estimated at approximately $ 1.37.

    Someone stole like a zillion Shiba Inu coins today; losses were estimated at like $1.37.

    — 𝙳𝚊𝚟𝚒𝚍 𝚂𝚌𝚑𝚠𝚊𝚛𝚝𝚣 (@JoelKatz) December 9, 2021

    The emission of Shiba Inu is a total of 1 quintillion tokens. Soon after the launch of the token, its creator Ryoshi, without his request, presented half of the giant proposal to the co-founder of Ethereum Vitalik Buterin.

    Thus, he wanted to give weight to the coin, hoping that Vitalik Buterin would not sell the tokens received as a gift. However, in May, the Ethereum co-founder donated 50 trillion SHIB worth $ 1.14 billion to charity.

    During the same month, Buterin burned 410.24 trillion tokens, distancing himself from the project.

    Returning to Schwartz’s joke, we recall that last week SHIB tokens worth $ 33.4 million were stolen from the BitMart exchange.

    Of course, this statement could not remain unanswered by active ShibArmy members:

    At least the people who bought the SHIB made a profit, while the XRP holders have been holding the dead coin for 4 years.

    Yet at least people who bought $SHIB made profit while $XRP holders have been holding a dead coin for 4 years now.

    – Janmall (amaJamallBroome_) December 9, 2021

    Indeed, Ripple’s token has dropped 75.83% from its all-time high. The XRP community blames this on a lawsuit filed by the US Securities and Exchange Commission against Ripple about a year ago.

    Shiba Inu, despite a 59.65% correction from its October peak, continues to dominate the top performing cryptocurrency of the year. The situation is likely to change next year.




    #XRP #Shiba #Inu #Backers #Exchanged #Mutual #Barbs

    Backers Barbs Exchanged Inu Mutual Shiba XRP
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Shiba Inu Network Transferred 3 Trillion SHIB Tokens Worth $38 Million

    26.01.2023

    Djed on the Cardano network will be launched next week. What’s next for ADA?

    26.01.2023

    ​BUSD stablecoin supply drops $2bn in a month

    26.01.2023

    Fashion designer reveals Shiba Inu clothing collection

    26.01.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Chinese tax authorities step up pressure on private crypto investors
    • Tether will look for crypto transactions that pay for child pornography
    • On-chain activity in the Optimism network collapsed after the end of the NFT bonus program
    • Shiba Inu Network Transferred 3 Trillion SHIB Tokens Worth $38 Million
    • AI Calls Bitcoin a Tool to Destroy Central Banks
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.