The Ethereum Connection and Role on the Network
Shiba Inu operates on the Ethereum blockchain, and Kusama’s outreach suggests potential mutual benefits. Kusama stated that showcasing SHIB technology could be relevant to the Ethereum network.
In his appeal, Kusama emphasized the community-driven nature, urging members to assist in gaining Buterin’s attention to secure the meeting. His pitch points to Shiba Inu’s intention to contribute more broadly within the Ethereum ecosystem.
The community reacted to the tweet and Kusama’s request with many tagging Vitalik Buterin requesting him to accept the meet-up. Notably, SHIB marketing lead, Lucie, reacted by stating,
Maybe he knows it’s better and, in the end, might outperform ETH. Perhaps more solidarity for everything Shib has accomplished on the Ethereum blockchain, and Solana won’t be flipping ETH today
This backing demonstrates strong community foundation, with members eager to gain recognition from Buterin. The project seeks to transition from its original meme coin status to a blockchain project with a clearer technological focus.
Amidst Buterin’s statement, Shiba Inu holds the 12th position in the cryptocurrency market with a valuation of around $10.64 billion. However, Dogecoin ranks higher at 8th with $24.6 billion. Kusama’s invitation is a strategic move to emphasize SHIB strengths and its alignment with the Ethereum ecosystem.
Recently, Shiba Inu burn rate surged by 253,000% within 24 hours, as over 5.61 billion SHIB tokens were burned, capturing significant investor interest.
#shiba⚡ #ShibaFundamentalAnlysis #EthereumETFApprovalExpectations #EthereumMemecoin $SHIB
