The biggest surprise out of the beginning of the year for Ethereum fans was the total lack of popularity of Dogecoin , despite the fact that it is still one of the only crypto-currencies that has a popular, well-known meme attached to it.
The creator of the world’s largest cryptocurrency, Bitcoin, has a funny habit of holding himself in perpetual public ridicule. But what better way to poke fun at the over-hyped altcoin than by knowing who really holds the millions of Bitcoins he claims to own?
The cryptocurrency community is very abuzz with disbelief after a 25 DOGE wallet address belonging to the Ethereum founder Vitalik Buterin was found to hold 0.25 DOGE, or approximately $250. The remarks on Reddit and Twitter about his apparent riches continue to swirl, as many believe he has now “made more money in his life than most of us will ever see or do”.. Read more about cryptocurrency prices and let us know what you think.TL: Breakdown of the DR
- Vitalik Buterin, who owns 25 Dogecoin domains, is bearing fruit, albeit on a small scale.
- Vitalik burns and donates the coins sent to him by the Dogecoin developers.
- His fans are surprised that he owns 25 DOGE and believes in Dogecoin.
Dogecoin, the so-called meme coin, has been popular on social media in recent months. This publicity led to a sharp increase in the value of the Mint. Many celebrities supported the play’s meme on social media. Hip-hop star Meek Mill recently announced that he bought Dogecoins for $50. CEO Elon Musk has also taken the lead in the campaign against the meme coin. The most influential billionaire in the cryptosphere has repeatedly spoken out about Dogecoin on Twitter. When he refused to pay with bitcoins at his company, he tweeted whether people would be okay with using dogecoins to buy electric cars. The so-called meme coin has made many millionaires among its first investors. Ethereum co-founder Vitalik Buterin recently told the audience that investing in Doge was one of the best decisions he made.
Vitalik Buterin’s ownership of Dogecoin was a surprise
Ethereum co-founder Vitalik Buterin told Lex Friedman that he bought $25,000 worth of Dogecoins in 2016, when Dogecoin wasn’t as well-known as it is today. Vitalik Buterin Dogecoin’s holdings are certainly surprising. However, during the interview Vitalik Buterin said that he was not sure about investing $25,000 in a small digital asset that is worth only a few cents. Things changed for the meme currency last year when Tesla CEO Elon Musk started voicing his opinion about Dogecoin, making it popular. Vitalik said investing in Dogecoin is one of the best for him. He also said he sold half of the Dogecoin he had and made $4.3 million. The co-founder of Ethereum also said that the sudden rise in popularity of Dogecoin was so great that many people know the coin meme, but don’t know much about Ethereum.
Vitalik and the meme coin
After Vitalik Buterin’s investment in Dogecoin was made public, some Dogecoin developers sent Vitalik some coins after noticing that the co-founder of the second digital asset also backed him. As a result, many Dogecoin developers gave Vitalik half of the coins they had, but Vitalik didn’t like that and burned some coins and gave others away.
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