November 8, 2024

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‘I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K

1 min read
‘I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K

Ethereum 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.