Ethereum co-founder Vitalik Buterin now officially owns 100,000 Dogs of Elon (DOE). This development happened when the team recently sent these tokens to Buterin’s ENS address – vitalik.eth.
Said information can be checked at Vitalik’s address on Etherscan, which displays the DOE balance along with other tokens held by Vitalik. However, sending tokens to Buterin’s address seems to be a new way for crypto projects to be the center of attention. Previously, anonymous developers of Shiba Inu (SHIB) sent 50 percent of the token supply to Vitalik Buterin’s wallet. Assuming that the founder of Ethereum would not spend the tokens, they sent those tokens to him, effectively removing the coins from circulation. Since Vitalik Buterin is one of the most important names in the crypto market, his ownership of cryptocurrencies sends a strong message to the crypto community.
Hey @VitalikButerin It’s nice to see you have a $DOE token on your wallet! Are you for long term or fast profit?😂🚀🔥#NFTs #dogsofelon
Etherscan: vitalik.eth pic.twitter.com/tMGxO1PNmS— Dogs Of Elon (@dogsofelon) November 11, 2021
Vitalik had burned some of his previous SHIBs and sent some to charity. Now it’s a question of what he will do with his DOEs. But for investors, it is worth noting: Even if Vitalik sells DOE tokens, it will not have a huge impact on the market.
The Dogs of Elon (DOE) project has gained rapid momentum since its launch last week. The cryptocurrency project has been listed on popular crypto exchanges such as Poloniex and Gate.io. Additionally, Dogs of Elon (DOE) is currently running an ongoing airdrop that is open to the public. More than 1.3 million users participated in the airdrop, which showed a genuine interest in the crypto project.
In addition, Dogs of Elon has entered the highly anticipated NFT game by creating a CryptoPunks alternative. The Dogs of Elon NFT collection is currently available on the Ethereum-based NFT marketplace Opensea.io.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.