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

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

Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.”

Vitalik Butlin, co-founder of Etherum, recently launched a series of attacks against "dung coins", only to receive more "dung coins".

Just a few days ago, the etheric developer took action to sell him more than $700,000 worth of tokens that had been airdropped to him, causing the prices of those tokens to fall.

Since then, Butlin has continued to wage war on the obvious "dung coins". Most of the other coins discussed on BITE and r / TestingTestingTestingTesting62831 have no cultural or moral value and may cost you most of the money you put into it, Butlin said in a post on a small ZihongDi website on March 9.

"I am against these projects to the greatest extent."

According to PeckShield, Bit was one of the tokens that Buterin sold when it went on a bitcoin frenzy on March 7, selling 3.4 million Bit for about $9250.

Buterin's posts may also be due to a large number of posts on Subreddit, which he founded in July 2020 and is still a moderate.

However, the post exposed him to wave after wave of attacks, with other members of the editor doubling their bets on their shillings and creating emojis.

Butlin was even bitten 250000 shortly after posting. The token does not seem to be listed on many major password price tracking sites, but blockchain records show that sales of each token hover around $0.011, making the $250000 sent to Buterin worth about $2750.

Meanwhile, several Twitter accounts claiming links to Bit Token and its community called the reference to Buterin "bullish".

Just two days ago, the Etherum co-founder frantically sold about $700000 worth of tokens, which were airdropped to him in exchange for Ether.

Buterin launched a similar sell-off in May 2021, selling tokens such as Shiba Inu (Shib) and Dogelon Mars (Elon), causing their prices to plunge by 40 per cent and 90 per cent, respectively.

by Luke Huigsloot
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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