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REGULATION
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2 years ago

Vitalik Sold Meme Tokens That He Got Them For Free Including MOPS, CULT, SHIK For 444.15 ETH or $700k

2023-03-08

REGULATION
by
2 years ago


Ethereum founder, Vitalik Buterin sold meme tokens that he received as gifts, causing those meme  token prices to be plummet. Meme tokens previously sent airdrops to Vitalik’s wallet as gifts which he did not want.

 

Information from Lookonchain revealed a list of meme tokens that Vitalik sold for 444.15 ETH which equivalent to 700k.

 

The list of meme tokens sold by Vitalik Buterin includes:

SHIKOKU (SHIK), Vitalik sold 500 trillion tokens for 380 ETH, valued at $600,000.

He sold 10 billion tokens of Cult DAO (CULT) for 58.1 ETH worth $91,000

He sold 50 billion Mops (MOPS) tokens for 1.25 ETH worth $1,950.

 

The sale of meme tokens by Vitalik affects the prices of the tokens. SHIKOKU (SHIK) price went down 70.85% in the past 24 hours. Follow by Cult DAO (CULT) which 24-hour price went down 80.36%. Whereas, MOPS, the meme-dog token price surge 933.62% in the past 24 hours after Vitalik’s massive selloff.

 

Sending airdrops to Vitalik’s wallet is one of the methods for growth hacking strategy. 

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