Vitalik Buterin Sells Unsolicited Memecoins for $29.4K
Ethereum co-founder Vitalik Buterin has sold a batch of unsolicited tokens that were sent to his public wallet, netting roughly $29.4K. This action extends his established pattern of liquidating memecoins that appear in his address without his consent rather than holding or promoting them.
The episode highlights persistent memecoin airdrop activity targeting high-profile addresses and the limits of using celebrity wallets for project publicity. While such disposals rarely move broader market prices, they underscore reputational risks for token issuers and keep attention on airdrop practices and token hygiene within the Ethereum ecosystem.