Since October 5th, Vitalik has sold a total of 31.7 billion MOODENG and currently still holds 30 billion
According to on-chain analyst @ai_9684xtpa, Vitalik thanked Memecoin donors in a tweet on October 7th, specifically mentioning Ethereum network's MOODENG, which caused its coin price to surge by 101%. However, with Vitalik's continuous sell-off over the past 8 days, the coin price has fallen 72% from its peak (0.0002714 > 0.00007614). The data details are as follows:
On September 15th, the deployer airdropped 61.7 billion tokens to Vitalik, accounting for 14.68% of the total token volume;
From October 5th to October13th , Vitalik sold off a total of 31.7 billion tokens worth about731 ETH.
Currently,Vitalik still holds30billion MOODENG coins valued at approximately $2.4 million and may potentially sell all for charitable donations.MOODENG currently has a market value of $31.4 million and liquidity is only $1.1 million.IfVitalik chooses to continue selling,it will have significant impact onthe coinprice.Please be aware of therisks involved.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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