{"id":13066,"date":"2025-10-10T11:05:31","date_gmt":"2025-10-10T11:05:31","guid":{"rendered":"https:\/\/bitunikey.com\/news\/vitalik-buterin-dumps-assorted-memecoins-for-96k-eth\/"},"modified":"2025-10-10T11:05:36","modified_gmt":"2025-10-10T11:05:36","slug":"vitalik-buterin-dumps-assorted-memecoins-for-96k-eth","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/vitalik-buterin-dumps-assorted-memecoins-for-96k-eth\/","title":{"rendered":"Vitalik Buterin dumps assorted memecoins for $96k ETH"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>Ethereum co-founder Vitalik Buterin is back in the spotlight for offloading a new batch of memecoins, reigniting discussions around his stance on the sector.<\/p>\n<div id=\"cn-block-summary-block_e6cdd3c2078b5dceeda33068ca020626\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Vitalik Buterin sold memecoins including DOJO, SPURDO, and MARVIN for 22.14 ETH ($96,400).<\/li>\n<li>The sale is part of his broader pattern of offloading unsolicited memecoins sent to him by projects.<\/li>\n<li>Buterin has been critical of most memecoins, calling for higher-quality meme tokens with actual utility.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Vitalik Buterin has drawn renewed industry attention after selling off several memecoins. According to data from Lookonchain, Buterin sold tokens such as DOJO, SPURDO, and MARVIN on Uniswap, exchanging them for about 22.14 ETH, worth roughly $96,400.<\/p>\n<p>The dumped tokens are part of a variety of memecoins sent to the Ethereum co-founder for free, and the sales suggest efforts to trim down lesser-known or low-liquidity holdings.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">vitalik.eth(<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/VitalikButerin?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@VitalikButerin<\/a>) just sold some <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/memecoins?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#memecoins<\/a> received for free again and got 22.14 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ETH<\/a>($96.4K).<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/pMvkZHjIyD\">https:\/\/t.co\/pMvkZHjIyD<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/yoq8zz3yXC\">pic.twitter.com\/yoq8zz3yXC<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1976548443364737253?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 10, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Shortly after the sales, Buterin transferred 70 ETH, about $304,000, to an unnamed wallet, routing the funds through the RAILGUN privacy protocol as <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.chaincatcher.com\/article\/2211528\" target=\"_blank\" rel=\"nofollow\">reported<\/a> by another on-chain tracker. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The connection between the sales and the subsequent transfers remains unconfirmed, but the timing has drawn attention within the crypto community, given Buterin\u2019s previous use of privacy tools to manage wallet activity.<\/p>\n<h2 class=\"wp-block-heading\">Vitalik Buterin\u2019s broader pattern of memecoin dumps<\/h2>\n<p>While the specific reasons behind Buterin\u2019s latest sale remain unclear, it fits a pattern seen in his past actions. Over the years, the co-founder has often found himself on the receiving end of unsolicited memecoins, sent by new projects in an attempt to leverage his prominent brand and influence to spark interest in their tokens.\u00a0<\/p>\n<p>Buterin has made it clear in the past that he does not wish to receive such tokens and has urged projects to either refrain from sending them or to donate the assets to charity instead. This behavior can be traced back to 2021 when Buterin was gifted an astonishing $7 billion worth of Shiba Inu tokens by the project\u2019s creator, Ryoshi.\u00a0<\/p>\n<p>At that time, Buterin donated $1 billion towards COVID-19 relief efforts in India and subsequently burned the rest of the tokens. Buterin has also maintained a critical stance toward memecoins, arguing that most of them lack any real utility. He has instead called for \u2018higher quality\u2019 meme coins that offer some genuine value beyond mere speculation.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum co-founder Vitalik Buterin is back in the spotlight for offloading a new batch of memecoins, reigniting discussions around his stance on the sector. Summary Vitalik Buterin sold memecoins including&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13066"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13066\/revisions"}],"predecessor-version":[{"id":13067,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13066\/revisions\/13067"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11339"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}