Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 233
    CryptoMarketNewsSponsored Article

    Ready or Not, It’s Happening – MoonBull’s 100x Crypto Whitelist Gains Speed as Turbo Rises and Goatseus Maximus Holds

    What if the door to a potential 100x crypto play could close…

    By
    Benedikt Krüger
    August 8, 2025
    image 230
    NewsCryptoMarketSponsored Article
    Experts Set the Record Straight – MoonBull Rockets as the Top New Meme Coin to Watch, Pudgy Penguins and LOFI Show Strength
    August 7, 2025
    image 226
    CryptoMarketNewsSponsored Article
    Get in While It’s Hot – Fast Runners Are Eyeing MoonBull as the New Meme Coin to Watch, Cheems and Ponke Ride the Momentum
    August 7, 2025
    image 222
    NewsCryptoMarketSponsored Article
    Didn’t Ride the Dogecoin Wave? MoonBull Is the Next Big Meme Coin Presale – Whitelist Closes Soon
    August 7, 2025
    image 197
    CryptoMarketNewsSponsored Article
    Only Bulls Who Act Early Get Fed – MoonBull Is the Best Upcoming Crypto Presale of 2025 as Bonk and Neiro Signal Bullish Moves
    August 7, 2025
  • Cryptocurrency
    image 233
    Ready or Not, It’s Happening – MoonBull’s 100x Crypto Whitelist Gains Speed as Turbo Rises and Goatseus Maximus Holds
    7 Min Read
    image 230
    Experts Set the Record Straight – MoonBull Rockets as the Top New Meme Coin to Watch, Pudgy Penguins and LOFI Show Strength
    9 Min Read
    image 226
    Get in While It’s Hot – Fast Runners Are Eyeing MoonBull as the New Meme Coin to Watch, Cheems and Ponke Ride the Momentum
    10 Min Read
    image 222
    Didn’t Ride the Dogecoin Wave? MoonBull Is the Next Big Meme Coin Presale – Whitelist Closes Soon
    10 Min Read
    image 197
    Only Bulls Who Act Early Get Fed – MoonBull Is the Best Upcoming Crypto Presale of 2025 as Bonk and Neiro Signal Bullish Moves
    10 Min Read
    Marex Joins JPMorgan’s Blockchain Revolution: Real-Time Settlements Go Live
    Marex Takes Bold Step with JPMorgan Kinexys Blockchain for Settlements
    8 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Vitalik Buterin Donates $500K in Animal Coins to Charity
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Vitalik Buterin Donates $500K in Animal Coins to Charity
News

Vitalik Buterin Donates $500K in Animal Coins to Charity

Vitalik Buterin Donates $500K in Animal Coins to Charity
Vitalik Buterin Donates $500K in Animal Coins to Charity
Thibault Lefebvre
Last updated: August 16, 2024 10:52 pm
By
Thibault Lefebvre
Published August 17, 2024
6 Min Read
Share

According to reports, Vitalik Buterin, the co-founder of Ethereum, has once again caught the attention of the media. This time, it’s for allegedly donating all the animal-themed memecoins he received last year to a charity that focuses on animal welfare.

Contents
Vitalik Buterin Sells Memecoins and Sparks Market ReactionVitalik Buterin on Public Good and MemecoinsButerin’s Vision for the Future

Buterin shared this news on August 15, highlighting his continued support for charitable causes. Buterin shared this news on X, where he posted a receipt confirming the donation to the Effective Altruism Funds’ Animal Welfare Fund. The receipt shows that on August 14, Buterin sent 200 Ether (ETH), worth $532,398, to the charity fund.

Vitalik Buterin Donates $500K in Animal-Themed Coins to Charity
Vitalik Buterin Donates $500K in Animal-Themed Coins to Charity

DEYTHERE Media News reports that Vitalik Buterin’s actions have sparked a significant conversation in the crypto community. Many see this as a move that aligns with Buterin’s long-standing advocacy for using cryptocurrency for the greater good.

Buterin also urged the memecoin community to send any crypto they want to donate directly to charities, rather than to him. He emphasized the need for more “sophisticated public goods funding” in 2024, pointing readers to his previous blog post on the subject.

Vitalik Buterin Sells Memecoins and Sparks Market Reaction

Vitalik Buterin’s donation wasn’t just a generous act—it also had a notable impact on the market. According to reports, the charity donation came about through an unusual series of events. A memecoin project called Neiro Ethereum (NEIRO) attempted to gain attention by associating with Buterin, and their strategy worked when Buterin sold the tokens. Following his sale, the token’s price initially plummeted by 60%. However, in an unexpected twist, the price surged by 200% shortly after his transaction.

The memecoin’s X account tagged Vitalik Buterin and made a public request, asking him to donate some of the proceeds to a stray dog shelter. They wrote: “Our humble ask is that you donate part of the proceeds to a stray dog shelter. And thank you for building our playground!” Buterin responded by sharing the donation receipt on X, confirming that the charitable contribution had indeed been made.

Vitalik Buterin donates $500K in animal-themed coins to charity
Vitalik Buterin Donates $500K in Animal-Themed Coins to Charity — Receipt

This series of events has been closely followed by the crypto community noting that Vitalik Buterin’s involvement in the sale and donation has brought significant attention to the potential for using memecoins for charitable purposes. While the initial drop in NEIRO’s price was dramatic, the subsequent surge demonstrated the unpredictable nature of the memecoin market, especially when influential figures like Buterin are involved.

Vitalik Buterin on Public Good and Memecoins

Vitalik Buterin’s donation is part of a broader perspective he has on the role of memecoins and their potential for contributing to the public good. Buterin has previously expressed his dissatisfaction with the celebrity-driven cycle of memecoins, stating that he was “quite unhappy” with how celebrities were experimenting with these tokens. On June 5, Buterin emphasized that financialization should serve a purpose for the public good. He believes that cryptocurrencies should bring value to society, whether by promoting art and creativity, supporting open-source software, or improving healthcare.

In his post, Buterin responded to the possibility of the Iggy Azalea-backed Mother Iggy (MOTHER) memecoin becoming the “mother” of the celebrity experimentation phase. While Buterin was critical of this trend, he did praise Ashton Kutcher and Mila Kunis’ Stoner Cats project, which used non-fungible tokens (NFTs) to fund an animated show. “At least Stoner Cats funded an actual show, whereas the memecoins lack substance and purpose,” Buterin wrote.

Vitalik Buterin Donates $500K in Animal-Themed Coins to Charity
Vitalik Buterin Donates $500K in Animal-Themed Coins to Charity

Vitalik Buterin’s latest donation aligns with his broader vision for the crypto space. By donating his animal-themed memecoins, Buterin has demonstrated his commitment to using cryptocurrency for meaningful and impactful causes.

Buterin’s Vision for the Future

Vitalik Buterin’s actions and words continue to influence the crypto world. His recent donation and the market reactions that followed show the significant role he plays in shaping the future of cryptocurrencies. Buterin’s emphasis on public goods funding and his critique of celebrity-driven memecoins underline his vision for a crypto space that prioritizes substance over hype.

DEYTHERE Media News reports that Buterin’s donation of $532,398 in animal-themed memecoins to charity is more than just a generous act—it’s a statement about the potential for cryptocurrencies to drive positive change. As the crypto community continues to grow and evolve, Buterin’s actions serve as a reminder of the importance of using this powerful technology for the greater good.

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Miss Cronos? Explore This Best Altcoin to Buy! From 4K Tokens for $100 to a $65K Windfall: Why Qubetics Presale Excitement Is Exploding

Will the Fed Cut Rates? Key Signals Within the Last 24 Hours

Massive Shift: JPMorgan Now Accepts Bitcoin ETFs as Wealth Collateral

Ethereum (ETH) Price Prediction: 2025, 2027 and 2030

Bitstamp and Bitso Receive 46.92M XRP as Ripple Moves 146.92M XRP

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByThibault Lefebvre
Thibault Lefebvre is a blockchain expert and cryptocurrency analyst with nearly a decade of experience in the field. He began his career in the tech sector, where his fascination with distributed ledger technologies led him to specialize in blockchain. Thibault has been involved in numerous international projects, including the development of blockchain platforms for various industries. His expertise spans smart contracts, blockchain governance, and the broader implications of blockchain for global finance. As a contributor to DT NEWS, Thibault delivers insightful commentary and detailed analysis of global trends in the cryptocurrency and blockchain sectors, providing readers with a deep understanding of this rapidly evolving space.
Previous Article NFC Payments for USDC on iPhones Eyed by Circle NFC Payments for USDC on iPhones Eyed by Circle
Next Article Chaos Labs Secures $55M Amid Surging Demand for DeFi Risk Management Chaos Labs Secures $55M Amid Surging Demand for DeFi Risk Management
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English