Ethereum co-founder donated nearly $1 million in Circle’s USDC stablecoin to his biotech fund donation address.
On Jan. 6, Buterin executed a series of swaps to sell meme coins for USDC (USDC) stablecoin tokens designated for charity donations. The “vitalik.eth” address sold approximately 28 meme coins, generating $984,000 from the sales, according to data.
Meme coin developers often send free tokens to Buterin’s public wallet, either as a marketing strategy or as a tribute to one of blockchain’s most renowned developers and leaders.
Buterin occasionally disposes of these meme tokens to fund philanthropic causes. While unintended, his sales often trigger significant price declines for the tokens involved. For example, DINU, one of the meme coins he sold, dropped 68% in value after he swapped it for USDC.
DINU, one of the meme coins, fell 68% after Buterin swapped for USDC tokens sent to the Kanro address. Kanro is a biotech fund established by Buterin in 2023 and serves as one of many ways the Ethereum co-founder donates.
On-chain watchers often track Buterin’s public address for hints of possible donations, and meme dumps. In October, he sold Popcat (POPCAT) and other meme tokens for about $2.24 million in Ether (ETH).
Buterin also donated 10 million Thai Baht, or approximately $290,000, to Khao Kheow Open Zoo, the guardians of internet famous hippo Moo Deng.
免责声明:info@kdj.com
所提供的信息并非交易建议。根据本文提供的信息进行的任何投资，kdj.com不承担任何责任。加密货币具有高波动性，强烈建议您深入研究后，谨慎投资！
如您认为本网站上使用的内容侵犯了您的版权，请立即联系我们（info@kdj.com），我们将及时删除。
