Ethereum co-founder Vitalik Buterin earlier today donated $1 billion towards the COVID relief in India and the proceeds of the donation came from the sale of meme coin Shiba Inu. A majority of these meme coins were donated by the founders of the project to Buterin’s wallet as a promotional gesture to gain more mainstream traction. However, this massive sell-off has triggered a selling spree that threatens to end the meme coin frenzy seen over the past month.
After selling a significant portion of $SHIBA from his $8 billion holdings, Buterin is now selling Dogecoin too. And people are following the Ethereum co-founder’s lead and panic selling as well.
Biggest Rugpull of DeFi history is happening right now..right in front of us & triggered by our senpai Vitalik. He is selling all the doggy coins and he's making millions out of it. $AKITA $SHIB …
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