According to reliable reports, Ethereum’s co-founder, Vitalik Buterin, donated 984,000 USDC to his charity’s address after selling 28 memecoins in the last 5 hours amid a rise in the HMPV cases.
The charity address, labeled as a ‘Kanro address’ is a biotechnology charity funded by Vitalik Buterin. The charity strives to counter emergency and global pandemics like COVID-19. He inspires crypto lovers to send memecoins directly to the charity. It also involves a DAO to participate their community in the decision-making process.
V 神又来定期卖出捐到他钱包里的 Meme 币咯~：
他在过去 5 个小时里一共出售了 28 种 Meme 币换成 98.4 万 USDC，然后将 USDC 捐到了 Kanro 地址 (V 神的慈善机构)。
部分代币因为市值小、池子深度差出现了大幅的下跌，例如 $DINU 跌了 68%、$JSHIBA 跌了 38%。具体出售：
50 万亿枚 $DINU → 13,208… pic.twitter.com/A9ZMFvBbAf— 余烬 (@EmberCN) January 6, 2025
Memecoins Crashes Heavily after Vitalik Buterin Donates
Numerous memecoins dropped significantly after the donation due to small market capitalization and poor pool depth. This includes DINU, ESTEE, FREE, DOBE, PLUTO, DOJO, MONKEYS, and others. For instance, DINU and JSHIBA plunged by 68% and 38% respectively.
However, this is not the first time when Vitalik dumped memecoins. Usually, He also used memecoins to raise awareness for positive impacts. Earlier, he sold 10 billion MOODENGs, a popular Solana (SOL)-based memecoin, and sent funds to Kanro.
HMPV Virus Outbreak
With the beginning of the new year, the threat of a new virus like COVID-19 is looming worldwide. In the last few days, a fresh wave of Human Metapneumovirus (HMPV) has hit different Asian countries, including China, India, and others.
According to media reports and social media updates, HMPV is rapidly spreading across China, with some sources indicating that hospitals and crematories are struggling to cope with the growing number of respiratory illness cases. The spike in infections has sparked concerns over overcrowded healthcare facilities and mounting pressure on medical services nationwide.
Also Read: Ethereum Co-Founder Vitalik Buterin Reflects on AI, Decentralization in ‘d/acc: one year later’
Credit: Source link
