Vitalik Buterin’s Memecoin ‘Treasure Hunt’ Nets $14k – Again! 🐱💸

by

If you’ve ever wondered how someone could possibly have 275 trillion of anything-let alone a token named “CAT”-Vitalik Buterin is here to answer. The Ethereum co-founder, now a legend in the art of “unsolicited digital junk mail,” has once again cleared his wallet of memecoins, this time netting $14,216. Because nothing says “I’m busy” like selling 275 trillion tokens via Lifi Diamond, right?

  • Vitalik traded 275 trillion CAT tokens (yes, that’s a number with 12 zeros) for $14,216. Math tip: This is roughly the price of a small car. Or a very expensive coffee.
  • His wallet remains a magnet for tokens like SPURDO and TWOGE, sent by hopeful projects that think, “Hey, maybe he’ll finally take us seriously this time!” Spoiler: He won’t.
  • The crypto market? Still doing that bearish thing. $812 million liquidated in 24 hours, and Ethereum is now trading below $4,000. Someone forgot to tell it it’s supposed to be a “boom” market.

According to on-chain data (read: blockchain’s version of a grocery list), Buterin’s recent purge involved CAT tokens, which he offloaded just two days after they arrived. The price dipped 0.81%-probably because the market realized even Vitalik isn’t impressed. Meanwhile, his wallet also got hit with 1 billion SPURDO and 6.439 billion TWOGE tokens. If this were a movie, it’d be called The Token Deluge: A Vitalik Tale.

Buterin hasn’t publicly explained the sale, but history suggests he’s likely donating the proceeds to charity. Last October, he turned a $96,000 ETH haul into, well, charity. The man’s got more integrity than the average politician and a sense of humor that’s… well, nonexistent when it comes to memecoins.

Buterin’s Memecoin Saga: A Cautionary Tale

Buterin has repeatedly warned people to stop sending him memecoins. They’re “valueless,” he says. But somehow, the tokens keep arriving. It’s like if your neighbor kept mailing you tickets to a concert you definitely don’t want to attend. The latest dump, though, feels less like a transaction and more like a public service announcement: “If you send me a token, I will sell it. Probably. Unless it’s a diamond hand. Wait-no one has those anymore.”

The broader market isn’t faring much better. Over $812 million in liquidations? That’s enough to buy a lot of crypto. And Ethereum’s price? It’s now below $4,000, which is about what you’d pay for a decent used car. Or, you know, a house in 2020. The Fed’s rate cut? A mere blip in crypto’s usual rollercoaster. Even Vitalik’s wallet can’t ride the wave this time.

So what’s next? Perhaps Buterin will finally take a stand and start charging a fee for token airdrops. “$10 to send me your meme, or I’ll sell it on the open market.” Until then, the crypto world remains a place where value is a suggestion, not a rule-and Vitalik is just the guy who keeps cleaning up the mess. 🚮✨

Read More

2025-10-30 12:12