$ETH

Vitalik Buterin donated 320 ETH to the human rights organization Coin Center.

Vitalik Buterin donated 320 ETH to the human rights organization Coin Center

According to SpotOnChain, initially Buterin sold four meme coins: 330 billion LEDOG for 10.96 ETH, 3.03 trillion DOGC for 10.8 ETH, 19.95 million #99 for 1.58 ETH, and 300 million VITALIK for 1.14 ETH. The total amount of ETH raised was 24.5 coins worth $81,800. After selling the meme coins, Buterin donated 320 ETH to Coin Center worth $1.07 million.

Buterin's actions sparked vigorous discussions among crypto enthusiasts. Some fear that Coin Center may sell the received coins to fund its initiatives, thereby putting pressure on the market. Others are confident that this will, on the contrary, draw attention to Ethereum, creating a surge in trading activity.

Buterin's donation did not negatively impact the ETH exchange rate. On the contrary, investors maintain an optimistic mood, as the coin has surpassed the $3,600 mark. The current market capitalization of Ethereum is $434.7 billion.

In October, Vitalik Buterin sold 10 billion MOODENG tokens for 308.69 ETH. Of these, 260 ETH were donated to the biotechnology charity platform Kanro to combat diseases.