In a recent wave of transactions, Vitalik Buterin, the co-founder of Ethereum, has made headlines by selling off a substantial amount of meme coins that were gifted to him. These sales have not only generated significant funds for charitable causes but have also sparked discussions within the crypto community about the implications for the meme coin market.

Buterin’s Meme Coin Sell-Off

Vitalik Buterin’s latest sales included massive quantities of various meme tokens, such as 340 billion DOG, which he sold for approximately $19,000, and 10 trillion DINU, fetching around $4,181. His most notable transaction involved 50.54…