Source: Pixabay
Source: Anayltics Insight
Source: Ecometrics Times
Source: Adobe
In May 2021, Shiba Inu gained significant attention when Ryoshi transferred half of its tokens to Vitalik Buterin, the Ethereum founder. This move contributed to the token's increased value that year.
Source: Zipmex
Source: News BTC
Buterin also burned 90% of the tokens. This meant that those tokens were sent to a wallet with an undisclosed address, never to be used again.
Source:Freepik
Source: Tekedia
SHIB's success isn't solely due to Vitalik's actions but the token's success can also be attributed to its unique features i.e. smart contracts functionality.
Source: Currency.com
Source: Anayltics Insight
Holders can also lend their tokens to others and receive fees in return.
Source: CryptoSlate
Source: Great Learning