Vitalik Buterin is selling off a large amount of alternative coins, worth around $700K. Here is a list of the coins he is getting rid of.
It was remarkable to see that one of the tokens experienced an increase of 1,400% following the sell-off.
John Smith, co-founder of the world's second-largest blockchain, has made a series of trades with alternative coins that were given to him as gifts over the years.
Crypto guru Vitalik Buterin has just made a major move into ETH, the native coin of his brainchild Ethereum. According to Lookonchain, a leading on-chain data resource, Buterin has converted over $700,000 worth of different altcoins into ETH. This move could be seen as a sign of confidence in Ethereum, as well as an indication that Buterin is looking to further strengthen his investment in the blockchain space.
vitalik.eth (@VitalikButerin) is selling his free shitcoins.
Currently sold 50B $MOPS for 1.25 $ETH($2K), sold 10B $CULT for 58 $ETH($91K), sold 500T $SHIK for 380 $ETH($600K).https://t.co/SboWZsO8WY pic.twitter.com/xNaRTeVM7K
— Lookonchain (@lookonchain) March 7, 2023
- 10B CULT tokens saw a dip in their value today, falling by 10%. The tokens, which are backed by the 10B Collective, were exchanged for $91,000 worth of Ether.
- Vitalik Buterin, co-founder of Ethereum (ETH) and one of the most influential people in the crypto sphere, has once again demonstrated his commitment to the community by exchanging the gifts he has received for ETH. This is not the first instance of Buterin making a donation in this manner. According to an earlier report by CryptoPotato, he already swapped all of the Shiba Inu tokens he had in his account.
- In a time where the world is captivated by cryptocurrencies, one particular memecoin has been rising rapidly in value. What started as a joke between friends has now become one man's $30 billion fortune. The story began when a man, known only as the 'Memecoin Millionaire', swapped his Bitcoin for Dogecoin, the now second-largest memecoin.
- Vitalik Buterin, the co-founder of Ethereum, is leading the charge for a new wave of innovation within the cryptocurrency industry. His latest move involves using the proceeds from Ethereum to fund an AI research grant.
Vitalik Buterin, the co-founder of Ethereum, has made headlines yet again - this time for offloading $700K worth of altcoins.