The Creator Of Ethereum Was Unwittingly Gifted Half Of A Dog Meme Cryptocurrency. That Gift Is Now Worth $14 Billion
Vitalik Buterin owns around 333,000 Ethereum coins. As of this writing, a single Ether coin will cost you around $4,100. So Vitalik's stash of 333,000 are officially worth…
Yet that's not the number you see right now on Vitalik's public wallet.
Here's a screenshot of the public wallet:
Where's that other $15 billion coming from? This is a truly insane story that only makes sense in the completely bonkers crypto world.
According to a story first reported by the website decrypt.co, roughly $14 billion if Vitalik's wealth came in the form of A GIFT. The gift was given to him by the creators of a dogecoin knockoff called Shiba Inu, aka "SHIB."
Buterin has nothing to do with SHIB and he had no idea about the gift.
Last month the creators of SHIB released a white paper, which they called a "woofpaper". In the woofpaper they revealed that they sent 50% of all SHIB, roughly 505 billion coins, to Vitalik's wallet without his knowledge.
At the time they made the transfer, 505 billion SHIB were worth around $8.6 million thanks to it's price of $0.000000017.
The value of SHIB has increased more than 700% in the last week alone. It increased nearly 4,000% the week of 4/20. The price roughly doubled in the time I began writing this article on Sunday afternoon, May 9 and Monday morning, May 10.
When you include Vitalik's holdings, SHIB is the 12th-largest cryptocurrency in the world.
Vitalik's unwittingly gifted collection of 505 billion SHIB are worth…
It appears as though a bunch of other stunt coins have begun gifting Vitalik huge shares of coins as well. As of this writing, I count dozens of random coins in Vitalik's wallet. His third-largest holding (after Ether and SHIB) is a coin called Akita Inu. As of this writing, Vitalik owns $700m worth of AKITA. He also owns $265 million worth of Dogelon and $21 million of HuskyToken.
When you combine all of these holdings, Vitalik Buterin's net worth is…
At $16.3 billion net worth, according to our list of the richest people in the world, Vitalik Buterin currently ranks at…105
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