Ripple CTO David Schwartz mocks Shiba Inu (SHIB) massive supply
David Schwartz, CTO at Ripple, sarcasm Cryptocurrency meme Shiba Inu (SHIB) joked in a recent tweet that losing a million SHIB would result in a loss of just $ 1.37.
The total volume of SHIB is 1 trillion trillion tokens.
Immediately after the start, the creator of SHIB, Ryoshi, imperceptibly donated half of the supply to Vitalik Buterin.
Following the meteoric rally, Buterin donated $ 50 trillion to SHIB in May, worth $ 1.14 billion.
Buterin went on to burn 410.24 trillion SHIB in the same month in order not to participate in the project.
Schwartz’s joke comes after a $ 33.4 million SHIB was stolen from BitMart last week.
Strong rally Shiba Inu
Ripple CTO’s joke has caused a furor among ShibArmy (SHIB Army) members. Member has Fleer to the price characteristics of XRP.
“XRP holders have been holding the dying coin for 4 years.”
The ripple-related token fell 75.83% from its all-time high (ATH) and is one of the few major altcoins that has not reached a new ATH during the current market cycle.
The XRP community holds responsible for the US Securities and Exchange Commission (SEC) lawsuit against Ripple.
Despite a 59.65% decline from ATH in October, SHIB continues to dominate the top performing cryptocurrencies this year.
Source: TradingView
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