Ethereum Co-Founder Vitalik Buterin Dumps Memecoin Holdings He Received For Free, Crypto C
September 29, 2025
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Vitalik Buterin, the co-founder of Ethereum (CRYPTO: ETH), sold memecoins he got for free on Sunday, sparking a bit of intrigue in the cryptocurrency community.
The influential cryptocurrency entrepreneur swapped 150 billion I love puppies (PUPPIES) for 28.65 ETH, worth $117,635, and 1 billion ERC20 tokens for $13,900 in USDC (CRYPTO: USDC) stablecoin, according to Lookonchain.
The motive of the transfer was not immediately clear. Buterin didn’t immediately respond to Benzinga’s request for comment on the matter.
Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
Though the sale amount was modest, Buterin’s actions, particularly in handling the memecoins he was gifted, have always drawn curiosity.
See Also: 7 Million Gamers Already Trust Gameflip With Their Digital Assets — Now You Can Own a Stake in the Platform
Over the years, billions of dollars’ worth of memecoins have arrived in Buterin’s wallet against his will, possibly in an attempt by new projects to spark investors’ interest by exploiting his brand value.
He has requested that projects not send him unsolicited meme tokens and instead utilize them for charitable purposes.
The most notable example is the $7 billion worth of Shiba Inu (CRYPTO: SHIB) that he received in 2021. Of this, he donated $1 billion to aid COVID relief in India and burned the rest.
Apart from this, he has been donating memecoins to charities that look after the welfare of animals.
Image Via Shutterstock
Trending Now:
-
Vacancy Rates Below 5% and $2.3B in Unmet Demand — How Everyday Investors Can Access America’s Industrial Boom
-
Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation.
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.
Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.
For those seeking fixed-income style returns without Wall Street complexity, Worthy Property Bonds offers SEC-qualified, interest-bearing bonds starting at just $10. Investors earn a fixed 7% annual return, with funds deployed to small U.S. businesses. The bonds are fully liquid, meaning you can cash out anytime, making them attractive for conservative investors looking for steady, passive income.
Self-directed investors looking to take greater control of their retirement savings may consider IRA Financial. The platform enables you to use a self-directed IRA or Solo 401(k) to invest in alternative assets such as real estate, private equity, or even crypto. This flexibility empowers retirement savers to go beyond traditional stocks and bonds, building diversified portfolios that align with their long-term wealth strategies.
Moomoo isn’t just for trading — it’s also one of the most attractive places to park cash. New users can earn a promotional 8.1% APY on uninvested cash, combining a 3.85% base rate with a 4.25% booster once activated. On top of that, eligible new users can also score up to $1,000 in free Nvidia stock—but the real draw here is the ability to earn bank-beating interest rates without having to move into riskier assets.
SoFi gives members access to a wide range of professionally managed alternative funds, covering everything from commodities and private credit to venture capital, hedge funds, and real estate. These funds can provide broader diversification, help smooth out portfolio volatility, and potentially boost total returns over time. Many of the funds have relatively low minimums, making alternative investing accessible.
Range Wealth Management takes a modern, subscription-based approach to financial planning. Instead of charging asset-based fees, the platform offers flat-fee tiers that provide unlimited access to fiduciary advisors along with AI-powered planning tools. Investors can link their accounts without moving assets, while higher-level plans unlock advanced support for taxes, real estate, and multi-generational wealth strategies. This model makes Range especially appealing to high-earning professionals who want holistic advice and predictable pricing.
For investors concerned about inflation or seeking portfolio protection, American Hartford Gold provides a simple way to buy and hold physical gold and silver within an IRA or direct delivery. With a minimum investment of $10,000, the platform caters to those looking to preserve wealth through precious metals while maintaining the option to diversify retirement accounts. It’s a favored choice for conservative investors who want tangible assets that historically hold value during uncertain markets.
This article Ethereum Co-Founder Vitalik Buterin Dumps Memecoin Holdings He Received For Free, Crypto Community Left Wondering Why originally appeared on Benzinga.com
Terms and Privacy Policy
Search
RECENT PRESS RELEASES
Related Post