The sale caused the token’s price to plummet by over 3% in the last 24 hours. In contrast, ESTEE and MARVIN gained 28.66% and 14.50%, respectively, in the last 24 hours, according to CoinMarketCap.

See Also: Dogecoin millionaires are increasing – investors with $1M+ in DOGE revealed!

Why It Matters: Buterin’s charitable inclinations are also well documented. In December, he adopted the viral baby hippo named Moo Deng, setting aside 88 Ethereum for the animal’s welfare and her family. He also donated billions of dollars worth of Shiba Inu for COVID-19 relief in India

The cryptocurrency mogul has frequently asked projects not to send him unsolicited meme tokens, a tried-and-tested strategy employed by nascent projects to pique investors’ attention by leveraging on his brand value. Instead, he urged them to allocate the holdings to charities directly..

Price Action: At the time of writing, Ethereum was exchanging hands at $3,685.58, up 0.55% in the last 24 hours, according to data from Benzinga Pro.

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This article Ethereum Co-Founder Vitalik Buterin Offloads Nearly A Million In Memecoins To Benefit Charities — Dogecoin’s Sister Coin NEIRO Plunges 3% After Sale originally appeared on Benzinga.com