An anonymous developer sent $7 billion worth of $SHIB to Vitalik Buterin, hoping to boost his credibility, but inadvertently created the largest charitable donation in cryptocurrency history.
His online name is Ryoshi, the anonymous founder behind Shiba Inu (a Dogecoin clone launched in August 2020).
At the token launch, Ryoshi sent 505 trillion $SHIB (half the total supply) directly to Vitalik Buterin's wallet without his consent.
His idea was that Vitalik holding half the supply would enhance the legitimacy of $SHIB.
For the next eight months, Vitalik never touched this wallet.
By May 2021, the Dogecoin meme had become wildly popular.
New meme coins followed suit, airdropping large amounts of tokens to Vitalik's address, hoping he would quietly hold them as a sign of support.
On May 12, 2021, Vitalik publicly stated that he had no intention of participating in any such projects.
Forty minutes later, he transferred all of his $AKITA (another dog-themed terrier cryptocurrency) to… Gitcoin DAO multi-signature.
$AKITA plummeted 50% within hours.
He then opened his $SHIB wallet.
Vitalik sent 50 trillion $SHIB (worth approximately $1.2 billion at the time) to the Indian COVID-19 Cryptocurrency Relief Fund, run by Polygon co-founder Sandeep Nailwal.
$SHIB instantly plummeted 38%, wiping out billions of dollars in market capitalization in just one trading day.
Five days later, he returned and destroyed the remaining $SHIB.
On May 17, 2021, Vitalik sent 410 trillion $SHIB, worth approximately $6.7 billion, to a permanently deactivated wallet, destroying it completely.
He later explained that he never intended to have such power over the project. Meanwhile, Gitcoin gradually liquidated the donated $AKITA through Balancer LBP rounds, ultimately raising over 4,000 ETH for public goods without causing a further market crash.
However, despite all this, $SHIB's market capitalization eventually reached a remarkably high level. Later that year, he earned nearly $40 billion.
Ryoshi deleted his blog and disappeared from the internet, never to be heard from again.
322
0
0
30
韭菜兄弟👬 ² 🧪
03-12 19:20
フォロー
🔥Did you know? Sometimes, a gift carries a deeper meaning. 🤩 In 2012, Japan gifted Russian President Vladimir Putin an Akita Inu named "Yume."
Years later, when two Japanese journalists visited Moscow, Putin personally welcomed them with the dog.
What deeper level of friendship do you think this gift symbolizes?
465
0
0
31
BRICS News
02-03 11:39
フォロー
In 2012, Japan gifted Russian President Vladimir Putin an Akita dog named "Yume." A few years later, when two Japanese journalists visited Russia, Putin greeted them with the dog.
452
0
0
26
Crypto GEMs 📈🚀
2025-12-02 01:00
フォロー
Today I bought Hachiko Inu, a coin with an extremely low market capitalization.
Here are the reasons:
- The BNB chain hasn't seen a truly explosive growth stock in a long time. A bull market for canine coins is coming, and Hachiko is the only new canine coin whose market capitalization hasn't yet reached a high level. 🐕🔥
- On Ethereum, Akita and Kishu have market capitalizations in the billions of dollars… On BNB, Hachiko fills that gap.
CA: 0xf1c599e9a5fbdea408a7409c0176a2fe42c64444
Follow @HachikoInuCTO
420
0
0
21
大梦想家迪士尼
2025-09-09 02:55
フォロー
RT @Seaxing777: My previous dog, Akita Mia, opened at 150U. I'm going to Spark Cat @Legacy_spark tonight. Guaranteed win!
🎁 Win 10 GTDs
🐸 Follow @Legacy_spark & me & @xingxingjun8888
❤️ One-click triple comment bc…
426
0
0
33
META公子
2025-08-29 12:21
フォロー
Akita Mia is the first meme on the Bitcoin Lightning and Spark networks!!!
Drawing 4GTD & 20FCFS
Originally created in 2024, stemming from a mysterious GitHub developer's vision for LRC-20, it was reignited on Spark in 2025, celebrating the seamless fusion of technology and fun.
As a symbol of the LRC-20 (BTKN) legacy, Akita Mia will launch an exclusive NFT collection on Bitcoin Ordinals and Spark—and this is just the beginning of our exciting roadmap!
Mint Date: TBD
Supply: 3,400
Mint Price: Free Mint
💎 Lottery Rules
1️⃣ Follow 👉 @AkitaMiabtc_
2️⃣ Follow 👉 @spark
3️⃣ Follow 👉 @CryptoGodJeus
Like & Retweet this post 🔁
🎁 Lucky users will receive priority whitelisting and limited-edition merchandise rewards!
Let's witness a new chapter in the LRC-20 (BTKN) legacy 🌌
Fair prize draw in 24 hours
353
0
0
44
BRICS News
2025-07-06 00:40
フォロー
🇷🇺🇯🇵 In 2012, Japan gave Russian President Vladimir Putin an Akita dog named "Dream". Many years later, when two Japanese journalists visited, Putin brought the dog out to greet them.
495
0
0
24
中国密码鲸公司 WHALE CHINESE 🇨🇳🐳🚀🌖
2025-02-15 00:54
フォロー
🔸$ hinagi | wlpresale🔸
Hinagi, a new project for the Akita team. Today's pre-sale is at 14.00 UTC. BSC’s large-scale preparation, good market and quantity make Hinagi one of the best upcoming projects of the week
Pinksale: https://t.co/if86Krypte
https://t.co/hoovzen1xf
478
0
0
22
中国密码鲸公司 WHALE CHINESE 🇨🇳🐳🚀🌖
2025-01-12 08:45
フォロー
🐕 $ AKITA Limited's NFT Mint has been launched! We are pleased to announce that our NFT series is open to mints! You can trade NFTs through the following methods https://t.co/O0fox9SUOH And invest in NFTs on our platform with generous APR% - some NFTs are even rarer. Therefore, you will be able to obtain a higher APR% from the pledge! Top 500: 0.3 BNB Second 500:0.5 BNB Third 500:0.7 BNBMint Now: https://t.co/MB7VX7bAAM
499
0
0
24
中国密码鲸公司 WHALE CHINESE 🇨🇳🐳🚀🌖
2024-12-30 01:27
フォロー
Congratulations to $AKITA for winning the 12th day of our 33 BNB daily Memecoin airdrop! 🎉 Are you curious if you are a winner? 🪂 Learn here: https://t.co/BYJdQbBKBT Note: 🔸 These are not financial advice - DYOR always does.