As Wall Streeters feverishly dumped Apple and Nvidia shares, Buterins version of panic was dumping some new meme token named Neiro that devs recently airdropped to the Ethereum founder.
With a $223 million market cap Tuesday, Neiro Ethereum already has a coin page on Forbes Digital Assets. The tradfi business news outlet describes the coin thusly:
The sister of the OG $DOGE, Kabosu, here to make history on the Ethereum chain! Neiro is a decentralized meme token on the ETH blockchain.
To promote the new doge-themed Ethereum meme currency, developers airdropped the platforms founder 17.145 billion Neiro, like Shiba Inus devs did back in 2021. That constituted 4% of the tokens supply and traded at the time for around $130,000.
We are the peoples $Neiro, on the peoples chain, Ethereum read a post from the team on X Saturday. And a little fun fact: Vitalik Buterin is currently our largest holder. (4% of supply, ~$130k value as of the time of this post).
We are the peoples $Neiro, on the peoples chain, @ethereum.
And a little fun fact: @VitalikButerin is currently our largest holder. (4% of supply, ~$130k value as of the time of this post)
Buterin went ahead and sold all the tokens (what meme coin is he buying instead?), but the snub didnt hurt Neiro at all. In fact, it may have helped it. The dog-themed meme coin turned around and pumped 10% in under 24-hours.
The Neiro team was obviously not asleep at the wheel.
Within moments of Buterins sale, Neiros X page posted an open letter to the Ethereum founder requesting he donate some of the proceeds of the sale to a stray dog shelter.
Our humble ask is that you donate part of the proceeds to a stray dog shelter, the team wrote.
They probably werent referring to Bonk.
Hey @VitalikButerin, we see that you sold your $Neiro bag.
Our humble ask is that you donate part of the proceeds to a stray dog shelter.
And thank you for building our playground!