Sunday, May 22, 2022
Home Crypto News Shiba Inu’s (SHIB) Developer Shytoshi Kusama Proposed Vitalik Buterin and Sandeep Nailwal...

Shiba Inu’s (SHIB) Developer Shytoshi Kusama Proposed Vitalik Buterin and Sandeep Nailwal to Deploy COVID Projects Worldwide Together

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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.

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.

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.


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