May 13, 2021 03:26 GMTCrypto News
Vitalik Buterin received Shiba Inu tokens at his public wallet address as part of a burn mechanism.
The meme-coin mania has caused Ethereum gas fees to rise again, and now Buterin has decided to rug bull the dog-themed tokens.
Shiba Inu price dropped by over 40% in the past 24 hours as the Ethereum co-founder cleaned out his crypto wallet.
Vitalik Buterin, co-creator of Ethereum, recently became one of the world’s richest people with a net worth topping $21 billion. Although the recent price hike of Ethereum boosted Buterin’s total assets, only $1.3 billion resulted from his ETH holdings. The rest of his fortune was made up of dog-themed tokens that he was gifted.