Vitalik Buterin, the founder of the largest altcoin Ethereum (ETH), continues to come to the fore with his statements and shares.
At this point, Mem Token sharing came from Buterin, who came to the fore after his recent posts caused an increase in the price of the relevant altcoin.
The ETH founder had previously stated in an article that a meme token named BITCOIN (HarryPotterObamaSonic10Inu) was a scam trying to imitate the leading cryptocurrency Bitcoin.
Buterin corrected this situation today and officially apologized, stating that the statements in his article were misunderstood.
“….An earlier version of this article referred to this token as a scam attempting to imitate Bitcoin.
But it's not a scam, it's a memecoin.
We apologize for the confusion.”
— vitalik.eth (@VitalikButerin) February 2, 2024
This correction by Buterin enabled BITCOIN to experience a significant price increase.
BITCOIN (HarryPotterObamaSonic10Inu) increased by up to 50% after Vitalik Buterin's post.
While BITCOIN draws attention with this performance, it continues to be traded at $ 0.053 with a 23% increase at the time of writing.
*This is not investment advice.