The post Vitalik Buterin Sold His Meme Coin Holding, But Why? appeared first on Coinpedia Fintech News
Vitalik Buterin, the brain behind Ethereum, made headlines again. This time, it wasn’t about tech but how he handles his crypto fortune. Recently, he sold some meme coins for $81,800 and donated over $1 million to a non-profit. There’s more to this story than just numbers, though. Let’s break it down.
Meme Coins Turned Into Millions
Vitalik sold four meme coins in his latest transaction, earning 24.5 ETH. That’s about $81,800 in real money. Here’s what he sold:
- $LEDOG: 330 billion tokens netted 10.96 ETH, worth $36,700.
- $DOGC: 3.03 trillion tokens brought in 10.8 ETH ($36,000).
- #99: 19.95 million tokens sold for 1.58 ETH ($5,300).
- #VITALIK: 300 million tokens earned him 1.14 ETH ($3,800).
But this isn’t a first for Vitalik. Just a month ago, he sold eight other meme coins for 651.6 ETH. Back then, it was worth $1.62 million; today, it’s around $2.18 million.
Where Did the Money Go?
Vitalik’s not keeping all that money for himself. After his latest sale, he donated 320 ETH—worth about $1.07 million—to Coin Center, a group that pushes for fair crypto regulations.
This wasn’t a one-time thing. After selling coins in October, he gave away 360 ETH (worth $1.2 million) to various charities. It’s clear Vitalik isn’t just cashing out; he’s making a statement about how crypto wealth can help others.
What’s Next?
Vitalik Buterin isn’t your typical crypto mogul. He’s not just about Ethereum or making money. Selling meme coins might seem trivial, but he’s turning these moves into meaningful action. What’s next for him? Nobody knows for sure, but one thing’s certain—he’s setting an example in the crypto world that’s hard to ignore.
