Stablecoin

Ethereum

Optimism

POPCAT

Coin

<ul class="wp-block-list">
 <li>Buterin made 257.1 ETH, or almost $636,000, from the sale of several meme coins.</li>
 <li>Recently, Buterin praised the charitable contributions of two meme coin projects.</li>
</ul>
According to blockchain statistics, Vitalik Buterin—co-founder of <a href="https://thenewscrypto.com/us-sec-delays-decision-on-options-linked-to-spot-ether-etfs/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a>—has made 257.1 ETH, or almost $636,000, from the sale of several meme coins. Given the recent gifts of meme coins, which caused alarm among cryptocurrency community members about possible risks to investors, <a href="https://thenewscrypto.com/vitalik-buterin-advocates-for-superchainerc20-protocol-update/" target="_blank" rel="noopener noreferrer nofollow">Buterin’s</a> conduct has garnered attention.
Buterin allegedly sold many meme coins that were given to him for free, according to blockchain data. There were 330,000 MSTR sold for 114.1 ETH ($282,000), 14 million POPCAT sold for 74.99 ETH ($186,000), and 14 billion ITO sold for 36.55 ETH ($90,000).
Additionally, 1.05 million ETH6900 sold for 15.37 ETH ($38,000), 50.53 billion SATO for 11.34 ETH ($28,000), and 10 billion Milo for 4.77 ETH ($12,000) were all sold.
<h3 class="wp-block-heading" id="h-less-admirable-endeavors">Less Admirable Endeavors</h3>
In keeping with his earlier statements, Vitalik Buterin plans to sell or donate any tokens that are given to him without his asking. This includes these tokens. Although his dealings are consistent with this objective. They have prompted questions about whether or not they promote less admirable endeavors.
Recently, the co-founder of Ethereum praised the charitable contributions of two meme coin projects—EBULL and MOODENG—on X.
He went on to say that the organization would be benefiting from the tokens delivered to his address. For example, Buterin said that the <a href="https://www.coingecko.com/en/coins/moo-deng" target="_blank" rel="noopener noreferrer nofollow">MOODENG</a> token was investing in technologies to combat airborne diseases.
It was around this time that Vitalik Buterin shared his views on the ongoing community discussions surrounding the layer 1 and layer 2 fee structures for Ethereum. To begin balancing the fee distribution between the main network and Layer 2 solutions. Buterin advised that Ethereum consider EIP-7762 and base rollups.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/stablecoin-market-liquidity-surges-boosting-crypto-sector-optimism/" target="_blank" rel="noopener noreferrer nofollow">Stablecoin Market Liquidity Surges, Boosting Crypto Sector Optimism</a>

Vitalik Buterin’s Meme Coin Sale Raises Eyebrows Amid Investor Concerns

Table of Contents

TheNewsCrypto

Other articles published on Oct 13, 2024

Suirum Launches Token Presale: Is This the Next Meme Coin to Explode on the SUI Blockchain?

The Evolution of Venture Capital in Web3: How Victus Capital is Leading the Charge

New Meme Coins To Buy Now, October 13 – US Degen Index 6900, Koma Inu, ArbDoge

PropiChain Leads Best Crypto Presale Whitelist to Invest in 2024 as PCHAIN Aims for 12,000x Rally

Next Big Cryptocurrency Picks: Avalanche, BNB, And Other

MintSwap Roadmap: Paving the Way for a Vibrant Future

Join our free newsletter for daily crypto updates!