CryptoRelief, founded by the Polygon’s (MATIC) cofounder Sandeep Nailwal, has recently made a decision to send 100 million of Shiba Inu (SHIB) funds back in the form of USDC to Vitalik Buterin’s wallet.
The decision is made in order to do the fast deployment in high-risk/reward projects.
Sandeep Nailwal thinks that Vitalik Buterin, being non-Indian, can make a quick decision to deploy these funds in projects which have higher risk but high rewards too compared to CryptoRelief, as the firm has been extra cautious to be in full compliance with Indian jurisdiction, despite the fact that Cryptorelief entity is based out of India.
Following this news, the leading developer of the SHIB ecosystem responded to Vitalik Buterin’s tweet and says: “Thank you for continuing to advance this important cause.”
Continuing the Thank you message, Shytoshi Kusama proposed the co-founder of Ethereum (ETH), Vitalik Buterin, and the co-founder of Polygon (MATIC), Sandeep Nailwal to work together on this important cause i.e., deployment of COVID Projects worldwide, and the SHIB team would feel happy to be involved in this charge.
Concluding his message, Shytoshi Kusama explains that their vision is not limited to the SHIB token only and isn’t a meme anymore.
Thanks for continuing to advance this important cause but how about you work WITH US and not just with our token. .@VitalikButerin & .@sandeepnailwal . Our DMs are open and we'd be happy to be involved in this charge. Let us know. Or you could keep thinking we're just a meme… https://t.co/H7hggI34eR
— Shytoshi BEANsama™ (@ShytoshiKusama) January 28, 2022
However, the Shytoshi tweet hasn’t received any response from both personalities yet. But if they did, this can be proved “Super Bullish” News for SHIB.
At the time of writing, the price of Shiba Inu (SHIB) is trading at $0.00002148 USD, up more than 2% for the day. However, the 24-hours volume for the token plunges more than 25% to $540,006,754.31 USD compared to the previous trading session. Shiba Inu (SHIB) is currently the 15th biggest cryptocurrency in the world in terms of market capitalization as per CMC data.