Vitalik Buterin's Dogecoin (DOGE) Holdings Revealed, Adding a New Layer to His Crypto Persona

In a surprising turn at EDCON2024, Ethereum co-founder Vitalik Buterin disclosed his significant Dogecoin (DOGE) holdings

Ethereum co-founder Vitalik Buterin surprised the crowd at EDCON2024 in Tokyo when he revealed his substantial Dogecoin (DOGE) holdings, adding a new dimension to his crypto persona.

During his opening statement, Buterin, dressed in a kimono and donning a horse’s head, responded to the crowd's query, "Who are you?" by saying, "I'm a Dogecoin hodler."

Buterin's interest in DOGE is not entirely new. According to U.Today, Buterin's affinity for dogecoin has been known since 2015.

Moreover, in 2016, he stated that he planned to buy more dogecoin and had not sold any of his existing holdings. In 2021, the Ethereum creator discussed the possibility of DOGE transitioning to proof-of-stake consensus by utilizing Ethereum's technology.

While the exact amount of Buterin's DOGE holdings remains unknown, in 2016, he mentioned on Lex Fridman's podcast that he had spent about $25,000 on DOGE due to his appreciation for the community and spirit.

On average, dogecoin (DOGE) was valued at around $0.0002 in 2016. This suggests that Buterin may have acquired 125,000,000 DOGE, which, at the current exchange rate, would be valued at approximately $15.63 billion.

Whether Buterin still holds his dogecoin bags is up for speculation, but this incident highlights the potential for massive gains when choosing the right cryptocurrency to hodl.

Be it Bitcoin or a meme coin like DOGE, if it feels genuine, unites people, and has the air of a cultural coin, its holders are bound to benefit in the long run.

The above is the detailed content of Vitalik Buterin's Dogecoin (DOGE) Holdings Revealed, Adding a New Layer to His Crypto Persona. For more information, please follow other related articles on the PHP Chinese website!