Why did Ethereum creator Vitalik Buterin praise the Shiba Inu community?

Ethereum creator Vitalik Buterin has praised the Shiba Inu community. In fact, Buterin has thanked the Shiba Inu community for starting his fellowship batch. The creators of Ethereum have thanked the Shiba Inu community in response to a tweet regarding the launch of their first fellowship batch of Artificial Intelligence Existential Safety.

Ethereum creator Vitalik Buterin wrote in a reply to a tweet to the Shiba Inu community, “A huge thank you to the Shiba Inu community, their cryptocurrency has made this fellowship possible.” The Shiba Inu community also accepted this thanks. Last year, Vitalik Buterin donated $1 trillion to help the Shiba Inu coin pandemic. At that time Vitalik had come into the limelight.

Shiba Inu is listed on Philippines-based cryptocurrency exchange Coins.ph, recently announced by the crypto exchange. The exchange had indicated through a teaser a week ago that it was considering listing SHIB on the platform. According to data from IntoTheBlock, the percentage of profit in Shiba Inu has increased. The platform’s indicator shows that 68% of Shiba Inu addresses are making losses and 29% of addresses have made profits.

In mid-June, when the market crash struck, the Shiba Inu’s addressable profits hit 13%. Another good news for the Shiba Inu is that there has been an increase in the number of its long term investors. According to data from IntoTheBlock, 25% of Shiba Inu’s holders are investors who have held the holding for more than 1 year. Whereas 71% of the investors are those who have kept their Shiba Inu holding for 1 year. At the same time, 4% of the investors are those who have kept their holdings for less than 1 month.

Talking about the current price of Shiba Inu, its price has increased by 8.58% in last 24 hours. At the time of writing this news the price of Shiba Inu in India was trading at Rs.0.000919.

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