Moo Deng Plunges 22% in 24 Hours, but the Buzz Around the Internet Sensation Hints at a Strong Comeback
Moo Deng plunged by over 22% in the past day, but it rebound is just around the corner
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Vitalik Buterin once again sold the meme coins donated by the project team and donated the proceeds of 2.23 million US dollars to charity.
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It has become a tradition for animal meme coins to send tokens to Ethereum co-founder Vitalik Buterin since the Shiba Inucoin team sent tokens to Ethereum co-founder Vitalik Buterin, causing the currency price to skyrocket. Vitalik Buterin once said that the tokens were sent to him without his permission. Send tokens and they will be sold and donated to charity.
Vitalik Buterin sold 10 billion meme coins MOODENG earlier this month, obtained 308.69 ETH (approximately US$762,000), and donated 260.16 ETH (approximately US$642,000) to the charity Kanro.
Buterin sells meme coins again
Vitalik Buterin has made another move in selling meme coins. According to Onchain Lens monitoring, Vitalik Buterin's address 0xd8dA6BF26964aF9D7eEd9e03E53415D37aA96045 sold a variety of meme coins on the 12th and exchanged them for 251.7 ETH, including:
- Sold 1 million ETH6900 and exchanged it for 15 ETH (approximately US$37,700)
- Sold 14 million POPCAT and exchanged them for 74.9 ETH (approximately US$184,200)
- Sold 330,000 MSTR and exchanged it for 114 ETH (approximately US$280,000)
- Sold 14 billion ITO and exchanged it for 36.5 ETH (approximately US$280,000)
- Sold54 billion SATO were sold and exchanged for 11.3 ETH (approximately US$27,800).
Vitalik Buterin then sold 8 meme coins again this morning, exchanging them for 651.57 ETH, worth $1.6 million, including:
- Sold 200,000 MSTER tokens in exchange for 93.2 ETH (approximately $228,831)
- Sold 20 billion MILO tokens for 20.74 ETH (approximately $51,184)
- Sold 15 million POPCAT tokens in exchange for 27.1 ETH (approximately $67,181)
- Sold 500,100 TCATI tokens for 12.8 ETH (approximately $31,430)
- Sold 311,908,405 VITALIK tokens for 5.5 ETH (approximately $18,824)
- Sold 10 billion MOODENG tokens in exchange for 395.94 ETH (approximately $820,450)
- Sold 31.40 trillion FWOG tokens for 22.52 ETH (approximately $55,858)
- Sold 500 million EBULL tokens in exchange for 73.77 ETH (approximately $182,958).
Related reading：Ethereum founder Vitalik Buterin’s 10 billion Moo Deng token charity token sale leads to surge in Moo Deng counterfeits
Onchain Lens pointed out that this means that Vitalik Buterin sold meme coins in total for 907.97 ETH in 11 hours, worth $2.23 million. It is speculated that Vitalik Buterin’s sales proceeds will be donated to charity, just like he has done before .
Currency prices showed mixed performance after V God smashed the market
According to Debank statistics, when Vitalik Buterin sold the above-mentioned meme coins, the price performance of these meme coins in the past 24 hours varied. For example, POPCAT fell by 89%, FWOG fell by 12%, EBULL fell by 8%, and MOODENG rose by 18%. , MSTR rose 87%.
It is worth noting that V God has sold MOODENG for the third time, and MOODENG has shown an increase. Some netizens believe that the market has easily accepted it, indicating that the narrative has been fully recognized and there is much to be done in the future. However, some netizens said that V God has sold MOODENG since last night There were so many meme coins smashed into the market, but none of them took off. The narrative of Buterin’s smashing the market was no longer working.
MOODENG chart. Source: CoinGecko
Related reading：Vitalik Buterin on pop-up cities and the challenges of the online state: governance and membership remain key issues
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