Recently, Vitalik Buterin has sold his Meme tokens several times, which has attracted widespread attention in the market. Usually, a large-scale sell-off by project founders or early investors will cause the price of related tokens to fall. However, in Vitalik Buterin's case, the selling behavior has caused the price of some tokens to rise.
Increased market attention: Vitalik has a profound influence in the cryptocurrency field. Any movement he makes will attract the attention of the media and investors. When he sells certain tokens, the market will interpret it as an endorsement of the project, which will attract more investors to participate and drive up the price.
Charity effect: Vitalik has donated the proceeds from the sale of tokens to charities many times. For example, he has donated the proceeds from the sale of tokens such as Neiro and MOODENG to relevant institutions for the prevention and treatment of airborne disease technologies. This behavior not only enhances the social image of the project, but also strengthens investors' confidence in the project.
Historical experience: Similar situations have occurred in the past. In 2021, Vitalik Buterin sold a large number of SHIB tokens and donated the proceeds to the Stray Dog Foundation. This move triggered an explosive growth in SHIB tokens, and the price rose sharply in a short period of time. Investors may believe that Vitalik Buterin's selling behavior indicates the future potential of the project, so they followed suit and bought in.
Betting on the US election - picking a few coins that are good for growth:
► $MAGA(Trump)
Trump’s support for the cryptocurrency space has boosted his popularity in the community, spawning a number of Trump-themed meme coins. MAGA is the most notable of these, with the highest market valuation. In 2024, it grew by more than 4,800%, making it one of the best performing tokens of the year.
► $FIGHT
The FIGHT token was created on the day Trump was attacked. It originated from Trump greeting the crowd at the scene after the assassination and shouting "FIGHT". Subsequently, contracts such as FIGHT, EAR, and FEARNOT appeared on ETH and Solana. Among them, FIGHT and EAR performed outstandingly, with an increase of more than 100 times. As the heat of the incident faded, the related tokens almost returned to zero, and FIGHT performed relatively well.
► $TEMP
Doland Tremp (TREMP) is a meme coin active on the Solana blockchain that uses political humor to build community. Since its launch, TREMP has seen a massive 500% increase in volume, especially during its peak in July. Despite the significant price fluctuations, TREMP has maintained strong upward momentum.
► $DOGE
The November 5 election is approaching, and Trump is currently leading the race. Against this backdrop, the cryptocurrency DOGE has shown great potential. It has been observed that many astute investors have begun to deploy these two currencies in advance, expecting them to bring substantial returns.