Home Latest News Vitalik Buterin Drops Altcoins with No Moral Value

Vitalik Buterin Drops Altcoins with No Moral Value

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Vitalik Buterin

The Ethereum co-founder Vitalik Buterin has decided to liquidate his altcoin holdings because it does not have any cultural or moral value. He also thinks that these tokens might result in losing money. He has sold 9.9 billion CULT tokens in exchange for 58 Ethereum. He also sold BITE and MOPS holdings, and the total sales value equals 220 Ether or $332,420. In 2021, he burned through his holdings of Shiba Inu tokens worth $6 billion, because he did not want to hold a huge proportion of those tokens.

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