A meme coin sent to $40B… with no investors

SHIBA INU wasn’t supposed to win — but it did.

In 2020, an anonymous dev named Ryoshi launched SHIB. No VCs. No funding. No roadmap hype.

Then he made a wild move: sent 50% of the entire supply to Vitalik Buterin — unannounced.

By 2021, that stack was worth ~$1B.

Vitalik: — donated 50T $SHIB to India’s COVID relief — burned ~410T SHIB (~$6.7B)

👉 cutting supply and igniting the narrative

At the same time:

— hype exploded — community went parabolic — SHIB hit a $40B market cap

Then Ryoshi disappeared. No interviews. No exit. Just gone.

What this really shows

SHIB wasn’t about tech.

It was: — narrative — timing — attention

And it worked.

If short:

In crypto, attention = liquidity

So ask yourself:

Was it just a meme… or a perfectly executed play?