#Vitalik_Buterin Sells #Memecoins for $ETH

How will this impact crypto market and price?
Crypto Experts Warn of Risks to Investors

Crypto Rug Muncher another popular personality in the cryptocurrency sector, shared fears about Buterin’s actions and mentioned the EBULL token as an example. As reported by Rug Muncher, the price of the token increased after the acknowledgment from Vitalik Buterin which, in turn, attracted new investors. 

But he warned that this kind of exposure is favorable for insiders because they can off-load their stocks at inflated valuations while leaving the small investor struggling to make a profit.

Rug Muncher emphasized that while charitable efforts are commendable, they should not come at the cost of investor safety. He noted that some projects may use charity claims to gain credibility without fully disclosing operational risks. These concerns highlight the importance of thorough project vetting before endorsements by prominent figures.