Vitalik Buterin, the co-founder of Ethereum, has recently sold 50.54 billion meme coins, making a profit of 116306 USDC which has resulted in a 9000% booster in the trading volume. Vitalik Buterin, CEO of Ethereum, has also been unloading ldog and estee.
Buterin, the CEO of Ethereum, has been, as I said, incorporating meme coinary into his peripherals. It was a bit crazy that estee jumped nearly 440%, and the highlight was that they aggressively increased the buying, while the PR was at an all time low.
Vitalik Buterin Broken The Bank by Selling His Bundle Worth 50 Billion ESTEE Coins
Ethereum co-founder Vitalik Buterin has reportedly sold a hefty 50.54 billion ESTEE meme coins and profited by approximately 116,306 USDC stablecoins.Jump Trading also indicates someone used his known address, 0xab58…9aec9b, to carry out the entire transaction.
A dog-loving shiba-inu ES chain meme shimmer coin is at the forefront. The coin VICKY, Estee’s daughter and another meme coin that is gaining traction, is also experiencing strong push.
Despite selling, Vitalik Buterin’s ESTEE saw some price dip, nevertheless, it immediately surged to $0.00001903 with daily gains exceeding 200 percent which is around an 8x increase from its intraday level of $0.0000023. In addition, everything was up greatly, with the daily trading volume now at 3.16 million dollars and 9141 percent increase.
Meme Coins Dumping
Aside from ESTEE, Vitalik Buterin has sold other meme coins from his wallet in the last 24 hours. Buterin sold 340 LDOG tokens for 5.2 ETH about 13 hours earlier than ESTEE deal. He also dumped over 10 trillion DINU coins for 4181 USDC. The sales have triggered talks within the community in regard to Buterin’s portfolio realignment and its effect in the market.
The Ethereum creator continues to receive coins as a gift from different crypto projects. This is why he has been selling off some of his meme coin stores and giving out some of the profits from it. Therefore, the current selling from Buterin is not new and very much a procedure.
Last week, accepted the role of bringing up a baby pygmy hippopotamus called Moo Deng, as her foster mom. Vitalik Buterin has, according to Khao Kheow Open Zoo’s statement on Thursday, become one of their Wildlife Sponsorship Program’s sponsors by adopting the mini hippo. This was enough to cause the price of MOODENG meme coin to increase by 70 in one day.
In his most recent post, the founder of Ethereum has also proposed cutting off access to computational resources in order to ‘buy more time for humanity’ in the face of the imminent danger of an AI superintelligence. He advises giving away these meme coins for a good cause.