Cryptocurrency
The burn address Vitalik Buterin used to destroy 40% of the SHIB supply is an outlier, but the next biggest wallet holds 6% of the supply (60 trillion SHIB), followed by two wallets with over 3% and another pair with over 2% https://philippinetoursandpackages.com/. Thirteen wallets in total have more than 1% of the total supply.
Though its adherents may point out that Shiba Inu-based NFTs are now available, and its Ethereum base and new Layer 2 blockchain should increase transaction speeds and scalability, as of Sep. 4, 2024, Shiba Inu has very limited utility and does not have a compelling use case other than allowing non-fungible token trading and limited gaming.
Shiba Inu is a cryptocurrency which, at its creation in 2021, had no use or value. By the end of 2023, it was being used by traders in large volumes to take advantage of microscopic price movements and used as a payment method. Shiba Inu is continuously being developed and improved by a dedicated community to have utility and use cases, so it is possible that it will remain one of the more popular cryptocurrencies on the market.
Since SHIB doesn’t yet have a solid use case, unlike many other major cryptocurrencies, it’s difficult to set a fundamental valuation or a floor price for it. The community being sundered could be catastrophic for its price.
Most meme currencies offer no utility whatsoever. Shiba Inu, however, has a community-driven rescue campaign for Shiba Inu dogs and an ecosystem of products and services, including a decentralized exchange named ShibaSwap. The peer-to-peer trading platform lets users trade SHIB to and from other cryptocurrencies. Users can also provide liquidity and stake the ecosystem’s three tokens (deposit them into a smart contract) to earn interest.
Hawk tuah girl cryptocurrency
Jess is a Senior Journalist with a love of all things pop culture. Her main interests include asking everyone in the office what they’re having for tea, waiting for a new series of The Traitors and losing her voice at a Beyoncé concert. She graduated with a first in Journalism from City, University of London in 2021.
Emily Brown is UNILAD Editorial Lead at LADbible Group. She first began delivering news when she was just 11 years old – with a paper route – before graduating with a BA Hons in English Language in the Media from Lancaster University. Emily joined UNILAD in 2018 to cover breaking news, trending stories and longer form features. She went on to become Community Desk Lead, commissioning and writing human interest stories from across the globe, before moving to the role of Editorial Lead. Emily now works alongside the UNILAD Editor to ensure the page delivers accurate, interesting and high quality content.
Jess is a Senior Journalist with a love of all things pop culture. Her main interests include asking everyone in the office what they’re having for tea, waiting for a new series of The Traitors and losing her voice at a Beyoncé concert. She graduated with a first in Journalism from City, University of London in 2021.
Emily Brown is UNILAD Editorial Lead at LADbible Group. She first began delivering news when she was just 11 years old – with a paper route – before graduating with a BA Hons in English Language in the Media from Lancaster University. Emily joined UNILAD in 2018 to cover breaking news, trending stories and longer form features. She went on to become Community Desk Lead, commissioning and writing human interest stories from across the globe, before moving to the role of Editorial Lead. Emily now works alongside the UNILAD Editor to ensure the page delivers accurate, interesting and high quality content.
Fans and investors have accused Ms Welch and her team of “misleading” and “betraying” them and suggested the launch had been a “rug pull” – where promoters of a cryptocurrency draw in buyers, only to stop trading activity and make off with money raised from sales.
But some memecoins have also courted controversy. SQUID, a memecoin inspired by Netflix’s popular show “Squid Game,” was famously accused by investors in 2021 of being a rug pull when the project’s unknown creators disappeared after cashing out and crashing the currency’s price. Celebrities who have touted crypto coins without transparency about their financial incentives have also faced scrutiny and legal action.
Hawk tuah girl cryptocurrency lawsuit
Welch became famous after she was filmed by YouTube creators using the onomatopoeic phrase “hawk tuah” to describe a spitting action used in a sexual context. She has since transformed her newfound fame into a successful merchandise line and the podcast Tuah Talk, where she has interviewed musician Wiz Khalifa and Shark Talk investor Mark Cuban.
‘We have been extremely transparent about the limited scope and extent of our involvement in the Hawk Tuah token project. We are confident that we have done nothing wrong,’ a spokesperson for overHere said in an email. ‘As for any litigation, we will let the process play out in court.’
To lawfully sell a security, a company needs to file a registration statement with the Securities and Exchange Commission providing financial statements, information about what their company does, and who is employed by the company.
Welch became famous after she was filmed by YouTube creators using the onomatopoeic phrase “hawk tuah” to describe a spitting action used in a sexual context. She has since transformed her newfound fame into a successful merchandise line and the podcast Tuah Talk, where she has interviewed musician Wiz Khalifa and Shark Talk investor Mark Cuban.
‘We have been extremely transparent about the limited scope and extent of our involvement in the Hawk Tuah token project. We are confident that we have done nothing wrong,’ a spokesperson for overHere said in an email. ‘As for any litigation, we will let the process play out in court.’
To lawfully sell a security, a company needs to file a registration statement with the Securities and Exchange Commission providing financial statements, information about what their company does, and who is employed by the company.