Buterin He created Ethereum in 2014 and owns a $ 1.5 billion digital wallet, just like in November. Since then, the price of ether tokens associated with blockchain has dropped by 55 percent.
Vitalik Butter, the founder of the Ethereum blockchain platform, was the latest victim of the dramatic collapse of crypto resources.
“I am no longer a billionaire,” wrote Buterine, 28, on her Twitter account.
Buterin He created Ethereum in 2014 and owns a $ 1.5 billion digital wallet, just like in November. Since then, the price of ether tokens associated with blockchain has dropped by 55 percent.
Buterin has previously indicated that it will accept low-cost digital coins, telling Bloomberg News in February:
TerraUSD and Luna tokens have fallen sharply in the wake of a sharp fall in digital currency exchange rates and algorithmic stable coins. According to Bloomberg Billioners Index, crypto exchange Binance founder Changpang Jooo has seen more than $ 80 billion – or 84% of its assets – so far this year.
In the midst of the turmoil, some of the wealthiest cryptocurrency supporters showed humility. Michael Novogratz, the founder of Crypto Merchant Bank Galaxy Inc., admits TerraUSD is a “failed big idea”. He emphasized that other investments, including the Winklewos twins, were long overdue.
On May 12, Cameron Winklevos tweeted: “It’s all about vision and HODLing.”
When the epidemic spread in India last year, Butterin donated more than 50 trillion shillings to Covide-19 in that country. The Dogecoin Meta-Coin Digital Dog Coin Coins could have cost more than $ 1 billion at that time.
Buterin’s donation represents more than 5% of Shiba Inu coins and has dropped to 50%.
On Friday, he spoke about the trade-off between “open-mindedness” and “sentimentality” in support of the blockchain that helped create Buterin on Twitter.
“Note to Trolls: No, ethereum was not wrong,” he wrote.
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