When it comes to meme coins, I'm not a big fan, but one coin has proven itself in my opinion, and that is:
$SHIB
In 2020, an unknown person named Ryoshi launched Shiba with a supply of 1 quadrillion coins. Back then, there were no Pumpfuns or anything; you had complete control over the coin.
He didn't gather investments or get involved with investment firms; it was just him and the coin 👇
1/🧵
He decided to send 50% of the total supply, which is (500 trillion SHIB), to Vitalik Buterin, the founder of Ethereum, without any prior notice, making him the largest holder of the coin.
By May 2021, the market cap of these coins reached 1B$ billion dollars, and Vitalik donated 50 trillion SHIB, worth 100 million dollars, to the COVID relief fund in India.
This is considered the largest donation in cryptocurrency history.
2/🧵
After that, Vitalik burned 410 trillion SHIB (6.7 billion dollars), which increased the value of the coin.
Ryoshi vanished in 2022, leaving only the project behind, and the coin reached its highest market cap of 40 billion dollars 👌
As of now, its market cap is 3.7B$ billion, and I consider it one of the strongest meme coins, with its founder still unknown and no one knows anything about him.
$SHIB
In 2020, an unknown person named Ryoshi launched Shiba with a supply of 1 quadrillion coins. Back then, there were no Pumpfuns or anything; you had complete control over the coin.
He didn't gather investments or get involved with investment firms; it was just him and the coin 👇
1/🧵
He decided to send 50% of the total supply, which is (500 trillion SHIB), to Vitalik Buterin, the founder of Ethereum, without any prior notice, making him the largest holder of the coin.
By May 2021, the market cap of these coins reached 1B$ billion dollars, and Vitalik donated 50 trillion SHIB, worth 100 million dollars, to the COVID relief fund in India.
This is considered the largest donation in cryptocurrency history.
2/🧵
After that, Vitalik burned 410 trillion SHIB (6.7 billion dollars), which increased the value of the coin.
Ryoshi vanished in 2022, leaving only the project behind, and the coin reached its highest market cap of 40 billion dollars 👌
As of now, its market cap is 3.7B$ billion, and I consider it one of the strongest meme coins, with its founder still unknown and no one knows anything about him.