{"id":15851,"date":"2024-08-05T17:09:52","date_gmt":"2024-08-05T14:09:52","guid":{"rendered":"https:\/\/forklog.com\/en\/vitalik-buterin-profits-103000-from-neiro-meme-coin-sale\/"},"modified":"2024-08-05T17:09:52","modified_gmt":"2024-08-05T14:09:52","slug":"vitalik-buterin-profits-103000-from-neiro-meme-coin-sale","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vitalik-buterin-profits-103000-from-neiro-meme-coin-sale\/","title":{"rendered":"Vitalik Buterin Profits $103,000 from NEIRO Meme Coin Sale"},"content":{"rendered":"<p>Ethereum co-founder Vitalik Buterin offloaded 17 billion Neiro tokens, which were airdropped to him by the project&#8217;s developers. Despite a 60% plunge, the meme coin not only recovered its losses but also reached its <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1138.webp\" alt=\"1-1138\" class=\"wp-image-238390\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/dexscreener.com\/ethereum\/0xc555d55279023e732ccd32d812114caf5838fd46\">DEX Screener<\/a>.<\/figcaption><\/figure>\n<p>Buterin&#8217;s wallet received 4% of NEIRO&#8217;s supply, valued at $130,000. Without prior notice, he became the largest holder of the asset.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are the people&#8217;s <a href=\"https:\/\/twitter.com\/search?q=%24Neiro&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$Neiro<\/a>, on the people&#8217;s chain, <a href=\"https:\/\/twitter.com\/ethereum?ref_src=twsrc%5Etfw\">@ethereum<\/a>.<\/p>\n<p>And a little fun fact: <a href=\"https:\/\/twitter.com\/VitalikButerin?ref_src=twsrc%5Etfw\">@VitalikButerin<\/a> is currently our largest holder. (4% of supply, ~$130k value as of the time of this post)<\/p>\n<p>\u2014 Neiro on Ethereum (CTO) (@neiroethcto) <a href=\"https:\/\/twitter.com\/neiroethcto\/status\/1819792059210854603?ref_src=twsrc%5Etfw\">August 3, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Ethereum co-founder sold 17.1 billion NEIRO for 44.5 ETH, approximately $103,000 at the time.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-851.webp\" alt=\"2-851\" class=\"wp-image-238391\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/etherscan.io\/address\/vitalik.eth\">Etherscan<\/a>.<\/figcaption><\/figure>\n<p>In response, the project team urged Buterin to donate part of the proceeds to a shelter for stray dogs.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Hey <a href=\"https:\/\/twitter.com\/VitalikButerin?ref_src=twsrc%5Etfw\">@VitalikButerin<\/a>, we see that you sold your <a href=\"https:\/\/twitter.com\/search?q=%24Neiro&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$Neiro<\/a> bag. <\/p>\n<p>Our humble ask is that you donate part of the proceeds to a stray dog shelter.<\/p>\n<p>And thank you for building our playground!<\/p>\n<p>\u2014 Neiro on Ethereum (CTO) (@neiroethcto) <a href=\"https:\/\/twitter.com\/neiroethcto\/status\/1820305582533816733?ref_src=twsrc%5Etfw\">August 5, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>CoinGecko lists four different NEIRO tokens, Uniswap has at least six variants, and X features even more potentially fraudulent accounts associated with Neiro, according to <a href=\"https:\/\/cointelegraph.com\/news\/memecoin-dumps-then-pumps-after-vitalik-buterin-sells-unwanted-airdrop\">Cointelegraph<\/a>. On July 29, a Solana-based version developer profited $2.85 million from a rug pull, the publication noted.<\/p>\n<p>In other news, lending platform Aave earned $6 million in a single day from liquidations due to the cryptocurrency market downturn.<\/p>\n<p>ForkLog discussed with experts the reasons behind the dump and explored the conditions under which major coins might begin to recover. Read the details in the article.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum co-founder Vitalik Buterin offloaded 17 billion Neiro tokens, which were airdropped to him by the project&#8217;s developers. Despite a 60% plunge, the meme coin not only recovered its losses but also reached its ATH. Data: DEX Screener. Buterin&#8217;s wallet received 4% of NEIRO&#8217;s supply, valued at $130,000. Without prior notice, he became the largest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15850,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1227,1161,200],"class_list":["post-15851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-transactions","tag-memes","tag-vitalik-buterin"],"aioseo_notices":[],"amp_enabled":true,"views":"67","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15851"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15850"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}