The growth of the digital currency ecosystem was almost stumped in the second quarter of the year when the environmental impacts of cryptocurrency-related activities were brought to the fore. From Elon Musk to the Chinese government who banned Bitcoin mining on its shores, one thing is clear, and it is to reaffirm that despite the revolutionary characteristics of digital currencies, stakeholders in the space must act responsibly to gravitate towards sustainable practices.

There are many digital currencies that rely on the energy-intensive Proof-of-Work (PoW) model to validate transactions and mine new coins. Examples include Bitcoin and Ethereum (ETH), however, new protocols are notably shifting their design away from PoW to more sustainable Proof-of-Stake (PoS).

Following the focus on environmental sustainability, the Green Shiba Inu (GINUX) meme token was birthed. The Green Shiba Inu as the name suggests is a dog-themed memecoin that is fully decentralized, designed with zero-emission, and prides itself as a fairly distributed community-driven token. Unlike its predecessors, the Green Shiba Inu comes off with a unique mission to support environmental activists through donations that are incorporated into its tokenomics.

GINUX is Riding the Memecoin Upsurge Train

Besides being designed for fun and as a joke, memecoins are known for their massive price jumps based on massive community purchases and hype.

At the forefront of positive price gains amongst memecoins is Shiba Inu (SHIB), the self-acclaimed Dogecoin (DOGE) killer. The token has grown by more than 90244164.6% in the year-to-date period according to data obtained from Coingecko. This massive growth record has sent a shockwave into the digital currency ecosystem and has opened up a portal for new memecoins to brandish their uniqueness for similar growth trends.

The Green Shiba Inu (GINUX) token has not been left behind in this push and has recorded a very modest growth since it came into the limelight. Since its All-Time Low (ATL) price of $0.0000002, the coin has soared by 13325.09%, in just 4 months to the current price of $0.0000267 it is trading at today.

At present, GINUX has maintained a good growth curve in the past month with a 610% growth to show for it, and 11.5% over the past 24 hours. What the price growth connotes is that the Green Shiba Inu maintains a robust and active community that is notably stacking up the token in order to enjoy the benefits that come with it. Green Shiba Inu maintains a community of more than 40,000 members on Twitter with more followers across its social media channels.

Even the iconic Binance Exchange Founder and CEO, Changpeng Zhao (CZ) follow Green Shiba Inu on Twitter, further lending credence to the protocol and its fundamental pursuits. In addition, the official Twitter handle of the chief pioneer of memecoins, Dogecoin (DOGE) recently liked one of the tweets from the Green Shiba Inu (GINUX) handle. This is the first open support for a memecoin by DOGE, reiterating the wide acclaim amongst industry veterans that GINUX is garnering.

Per the growth record, the GINUX has showcased the potential to chart a more bullish growth path in the near future.

Highlighting the Core Revolutionary Difference of the Green Shiba Inu

There are many reasons why the Green Shiba Inu is a worthy token, particularly for individuals with a passion for environmental reclamation. About 8% of the total supply of the GINUX tokens is allocated to support the environmental and climate activism of big names in the space including Greenpeace, Elon Musk, Greta Thunberg, Joe Biden, Angela Merkel, Leonardo DiCaprio, Al Gore, and Jane Goodall.

GINUX is resident on the Binance Smart Chain (BSC) network, drawing on the dynamic and energy-efficient capabilities of the decentralized blockchain protocol. Amongst the direct opportunities, investors gain from holding the token includes the ability to govern the protocol, making it a 100% decentralized outfit.

Besides the fact that active community members are incentivized for their participation in the ecosystem governance, GINUX holders can benefit from the 5% of reserved tokens for farming campaigns. An indirect way to compensate GINUX holders is the token burn program, of which about 45% of the total supply has been burnt thus far. This burn program reduces supply and has a direct impact on the price of the token, guaranteeing good growth over time.

Unlike the Shiba Inu, GINUX is still very cheap and has a lower market capitalization, showing that there is wide room for more growth. In today’s crypto world, it is difficult to get a memecoin with more futuristic fundamentals and better still, with a focus on the environment. This quality embodies the Green Shiba Inu as a worthy token for all users and global crypto enthusiasts.

• Ethereum founder Vitalik Buterin opened up to his followers over a Twitter Q&A this week and joked with Tesla boss Elon Musk.
• He answered questions about love, regrets, dogecoin and where ethereum and crypto generally are heading.
• The ethereum network’s ether token has comfortably outperformed larger crypto rival bitcoin this year.
• Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

Vitalik Buterin, one of the co-founders of the ethereum network, took part in a question and answer session on Twitter this week, in which he discussed the outlook for the ether token, uses for the network’s code, the downsides of fame and what his biggest regrets are.

Buterin is used to the limelight in the crypto world. He recently featured on a crypto-based show called stoner cats and regularly discusses the market.

The ethereum network’s ether token has been one of the biggest outperformers in the crypto space this year, having gained more than 400% so far, versus a 72% gain in bitcoin. Buterin’s Q&A followed the ethereum network’s recent London hard fork upgrade in August that set ether on a course that has seen it hit four-month highs this week.

In the Twitter session on Wednesday, Buterin opened up about love, regrets, dogecoin and where ethereum and crypto more broadly are heading.

Here are the 10 best quotes, lightly edited for clarity:

1. “I hope so! Though I think in general crypto switching to proof of stake will only be a small part of the solution; ultimately we also need lots of very smart people contributing to longer-term fixes (solar power? fusion? carbon capture? sprinkling dust into the atmosphere?),” he said, answering if ethereum is part of the solution to climate problems.
2. “Ethereum will move to proof of stake (PoS) within one to two years,” he said in response to ‘what’s something you had an insane amount of confidence in, only to have it turn out you were dead wrong?’.
3. “Account abstraction, statelessness, sharding, ” he said, answering ‘what protocol upgrades would you consider to be high priority after the merge is on the mainnet ?’
4. 10. “X AE A-12 don’t hurt me,” he said, referring to Elon Musk’s youngest child, in a play on the lyrics of a 1990’s pop hit, after the Tesla boss asked him ‘what is love?’ and posted a photo of his son.
5. “The whole “8 cofounders” thing (and choosing them so quickly and non discriminately),” he said in response to being asked what his biggest regrets in ethereum’s journey were.
6. “I hope that doge can switch to PoS soon, perhaps using ethereum code,” he said in response to being asked about ethereum and dogecoin ‘cooperation’.
7. “10 years ago I thought that the market of resources, property rights, and trade were the most important processes in the world. Today I think much more about the ecosystem of discussion and spread of memes / culture / ideas. The latter follows quite different laws from the former,” he said in response to ‘what’s the most recent thing you’ve changed your mind about?’
8. “The path I’m attempting right now is basically hoping that the transition to crypto is a big enough change of context that some of the usual resistance to new ideas disappears and we can add better mechanisms,” he said, when asked ‘many people including you can understand many of our institutions are broken, and how to outline better alternatives. But where is the audience or customers who want to buy and use this product?’
9. “I am planning to keep wearing a mask long after covid stops being a problem. There are definitely disadvantages,” Vitalik said, when asked if he enjoys being famous or if he’d prefer to be less well known.
10. “Monkeys,” he said, posting a photo of a monkey after being asked ‘cats or dogs?’