‘I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K
1 min readEthereum co-founder Vitalik Buterin’s latest salvo against “shitcoins” has ended up with him simply being sent more of it.
Only days ago, the Ethereum developer made moves to sell over $700,000 of tokens previously airdropped to him, causing the price of these tokens to fall.
Buterin has since continued his war on apparent “shitcoins.” In a March 9
The Ethereum co-founder had gone on a shitcoin selling spree just two days prior, offloading some $700,000 worth of tokens that were airdropped to him and exchanging them for Ether (ETH).
Buterin initiated a similar offload in May 2021, selling tokens such as Shiba Inu (SHIB) and Dogelon Mars (ELON), causing their prices to tank by 40% and 90%, respectively.