Dogecoin, Shiba Inu Fall As Ethereum Co-founder Vitalik Buterin Donates Over $500K Worth Of Memecoins To Animal Charity
Portfolio Pulse from Aniket Verma
Vitalik Buterin, co-founder of Ethereum, donated over $500K worth of memecoins to an animal charity, causing a drop in the prices of Dogecoin, Shiba Inu, and Pepe.
August 16, 2024 | 11:00 am
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NEGATIVE IMPACT
Dogecoin dropped 1.64% after Vitalik Buterin donated over $500K worth of memecoins to an animal charity.
The donation led to a sell-off in memecoins, including Dogecoin, causing its price to drop.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Pepe plunged 5.23% after Vitalik Buterin donated over $500K worth of memecoins to an animal charity.
The donation led to a sell-off in memecoins, including Pepe, causing its price to drop significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Shiba Inu fell 1.45% following Vitalik Buterin's donation of over $500K in memecoins to an animal charity.
The donation led to a sell-off in memecoins, including Shiba Inu, causing its price to drop.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80