Vitalik Buterin sold the meme coin sent to him, the price fell by 60 percent and jumped again
Neiro's meme coins, which were bought by the Japanese family after the death of the dog named Kabosu, which gave its name to Dogecoin, continue to attract the attention of the crypto world. Finally, Vitalik Buterin sold 17 billion tokens sent to him and had the project take a cold shower. The token price, on the other hand, decreased by 60 percent after the sale of Buterin and rallyed 200%.
While 2024 was the year of meme coins, the Neiro token, which was issued in July, did not attract the attention of Vitalik Buterin. Buterin sold 17 billion Neiro tokens sent to him. As it is known, projects can make such 'airdrops' on Buterin's wallet to advertise and make their names known from time to time.
He sold it all
Buterin, on the other hand, sold all of these Neiro tokens sent to him tonight. Buterin earned 44.4 ETH from these tokens, which corresponds to 4% of Neiro's total supply.
He fell forward, then he jumped
The appearance of Buterin selling these tokens also brought a significant decrease in the price. The token price fell more than 60%, then it increased surprisingly by 200%.
The project team also stated in a statement that their purpose was never to advertise through Buterin. The team, however, asked Buterin to donate part of the “polite” sale to shelters set up to help injured dogs.
The Japanese family, which owns the dog called Kabosu, which gave Dogecoin its name, later bought a new dog and announced that they had named it Neiro. Following this announcement, many meme coins were issued on both Ethereum and Solana blockchains on behalf of Neiro.
Meme coins fell hard
On the other hand, the sharp declines in Bitcoin have also affected the widely crypto market. Meme coins couldn't stand the storm and lost a lot of value.
In the last 24 hours;
PEPE 27%
WIF 27%
BOME 26%
WOJAK 25%
BONK %21
DOGE %21
FLOKI 20%
SHIB 19%
Suffered a decline.
