Vitalik Buterin, the brains behind Ethereum, is making headlines again. This time it was not about technology, but about how he manages his crypto fortune. He recently sold several meme coins for $81,800 and donated more than $1 million to a non-profit organization. However, there is more to this story than just numbers. Let’s figure it out.
Meme coins turned into millions
In his last transaction, Vitalik sold four meme coins, earning 24.5 ETH. That’s about $81,800 in real money. Here’s what he sold:
- $LEDOG: 330 billion tokens yielded 10.96 ETH worth $36,700.
- $DOGC: 3.03 trillion tokens yielded 10.8 ETH ($36,000).
- #99: 19.95 million tokens sold for 1.58 ETH ($5,300).
- #VITALIK: 300 million tokens brought him 1.14 ETH ($3800).
But this is not the first time for Vitalik. Just a month ago, he sold eight other meme coins for 651.6 ETH. It cost $1.62 million back then; today it’s about $2.18 million.
Where did the money go?
Vitalik does not keep all this money for himself. Following his latest sale, he donated 320 ETH, worth approximately $1.07 million, to Coin Center, a group that advocates for fair regulation of cryptocurrencies.
This was not a one-time event. After selling the coins in October, he donated 360 ETH (worth $1.2 million) to various charities. It is clear that Vitalik is not just cashing out money; it makes a statement about how cryptocurrency wealth can help others.
What’s next?
Vitalik Buterin is not your typical crypto tycoon. He’s not just about Ethereum or making money. Selling meme coins may seem trivial, but he turns these steps into meaningful actions. What’s next for him? No one knows for sure, but one thing is for sure: he sets an example in the crypto world that is hard to ignore.