This week, there was a storey that was very much in the news. Vitalik Butrin, the co-founder of cryptocurrency Ethereum and a Russian Canadian programmer, announced that he had donated $ 1.1 billion in cryptocurrency to help Corona-affected India. This is the largest partnership in history. Shiba inu coin has been launched on WazirX, India’s largest cryptocurrency exchange, according to a report by Business Insider India.
The day on which Batrin gave 1.1 billion dollars, according to the report, was listed the next day. Binance owns WazirX, a cryptocurrency exchange situated in Mumbai. According to Wazir X CEO Nischal Shetty, there was a desire from the cryptocurrency community for the SHIB currency to be listed, hence the decision was made. Binance is a global cryptocurrency exchange founded in 2017 that allows users to trade individual cryptocurrencies on its platform.
SHIB quoin on Wazir X, according to the report, cannot be directly deposited or withdrawn. Only this cryptocurrency can be bought or sold directly on Uniswap, according to the information published on Shiba Inu’s website. The SHIB coin was listed on Wazir X for 3 rupees, however its price was just 0.0015 rupees at the time, causing its investors to lose money. There has been a great deal of harm done. It is currently unavailable in Indian Rupees. Aside from Wazir X, this cryptocurrency can also be acquired through CoinDCX’s web version. Payment must, however, be done in USDT / BUSD. Aside from that, it can be purchased on DEX, Ethereum’s decentralised trading platform.
Shiba inu was first introduced a year ago. This is referred to as a dossyCoin copy of the Mim money. Despite the fact that it calls itself a “dogecoin killer.” The 50 trillion SHIB tokens were included in Batrique’s donation to India in the fight against Corona. It is estimated to be worth $1 billion. Its price has increased by almost 1000 percent in less than a week. It is the 25th largest cryptocurrency in the world, according to Quoin market cap data, with a market value of $ 7.9 billion. According to a May 10 report in the Wall Street Journal, Shiba Inu quoin supplies are reportedly valued at around $ 1,000 trillion.
When it comes to Ethereum co-founder Vitalik Buterin, he owns $ 1.3 billion in Ethereum, $ 18.5 billion in SHIB, $ 920 million in AKITA, and $ 375 million in Doglane. According to information on the Celebrity Net Worth website, he is now ranked 67th among the world’s 100 wealthiest persons.