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Home News Ethereum

Vitalik Buterin Converts $1.6 Million in Memecoins for Charity

Ethereum Co-Founder Continues His Charitable Efforts with Memecoins

Christian by Christian
October 14, 2024
in Ethereum, News
Reading Time: 2 mins read
Vitalik Buterin Converts $1.6 Million in Memecoins for Charity
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Table of Contents
  • Recent Donations
  • Details of the Sale
  • Future Donations and Nobel Prize Consideration

Recent Donations

Ethereum co-founder Vitalik Buterin has converted $1.6 million in memecoins into Ether for charity. Over the past ten days, he has donated a total of $884,000, thanks to ongoing contributions from memecoin enthusiasts.

Details of the Sale

The recent sale included approximately $982,800 in Moo Deng (MOODENG), $231,000 in Monsterra (MSTR), and $183,000 in ETHEREUM IS GOOD (EBULL), as noted by blockchain analytics firm Spot On Chain on October 13. He also sold portions of Popcat (POPCAT), Fwog (FWOG), and vitalek buteren (VITALIK). Buterin has transformed $2.78 million worth of memecoins into Ether and donated $884,000 to charities in the past nine days. He encouraged memecoin developers to consider donating directly

Vitalik Buterin (@VitalikButerin) sold 8 more #memecoins for 651.6 $ETH ($1.62M) in the past hour!

They include:
• 10B #MOODENG ($982K) for 395.95 $ETH
• 200K $MSTR ($231K) for 93.23 $ETH
• 500M $EBULL ($183K) for 73.79 $ETH
• 15M $POPCAT ($67.2K) for 27.11 $ETH
• 31.4T… https://t.co/tuRpJiuDYP pic.twitter.com/Wtdy3gPYWU

— Spot On Chain (@spotonchain) October 13, 2024

Future Donations and Nobel Prize Consideration

His $700 million crypto portfolio still includes $2.4 million in MOODENG tokens, $144,000 in Neiro (NEIRO), $117,000 in MSTR, and $80,000 in Degen (DEGEN). Economists Tyler Cowen and Alex Tabarrok have proposed Buterin as a contender for the 2024 Nobel Prize in Economic Sciences, citing his significant contributions to Ethereum and the crypto space.

I appreciate all the memecoins that donate portions of their supply directly to charity.

(eg. I saw ebull sent a bunch to various groups last month)

Anything that gets sent to me gets donated to charity too (thanks moodeng! The 10B from today is going to anti-airborne-disease…

— vitalik.eth (@VitalikButerin) October 7, 2024

Disclaimer: This content does not constitute trading or investment recommendations. It’s essential to conduct your own research before purchasing any cryptocurrency or investing in any services.

Tags: CryptocurrencyEthereumInvestmentMemecoin
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