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Author Topic: Vitalik Buterin dumping meme coins again  (Read 275 times)
HarrisBull (OP)
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August 05, 2024, 04:09:59 AM
 #1

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0
shinratensei_
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August 05, 2024, 04:18:01 AM
 #2

Why didn't the neiro team send the neiro to the burning address instead?

i've heard this news in twitter as well and people are mad Grin. isn't sending their neiro to certain address like the one owned by vitalik akin to giving him ownership of the token for free and also giving him the rights to dump it?

seeing the scene of meme coin so far, I've always baffled with how the meme coin team keep sending their meme coin to some popular figure wallet or even crypto influencers and have surprised pikachu face when they are dumping the meme coin like bruh, you can do better Huh.

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August 05, 2024, 05:00:09 AM
 #3

I would do the same thing. These scammers are trying to pump their token by sending a lot of their supply to Vitalik and hoping he will hold on to them. They can use his name to advertise the token by saying he is a holder, while also removing billions of tokens from circulation. It did not play out the way they expected and he dumped on them. It is free money for him, which I would hope he would use for something positive.

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betswift
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August 05, 2024, 06:40:31 AM
 #4

I would do the same thing. These scammers are trying to pump their token by sending a lot of their supply to Vitalik and hoping he will hold on to them. They can use his name to advertise the token by saying he is a holder, while also removing billions of tokens from circulation. It did not play out the way they expected and he dumped on them. It is free money for him, which I would hope he would use for something positive.

That sounds like the truth, I like the way you presented the idea behind his actions, but only time will tell. I would do the same, and everybody would, I think Wink

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August 05, 2024, 07:07:09 AM
 #5

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0
Did Vitalik Buterin bought the coin or they gave him the coin? I guess he bought the coin. If he was given the coin and he did something like this, I do not like what he did. But if he bought the coin and later he sold it, there is nothing wrong in that. That is market for you people. The owner of a coin can buy and sell the coin at anytime that he wants.

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August 05, 2024, 07:11:46 AM
 #6

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0
Did Vitalik Buterin bought the coin or they gave him the coin? I guess he bought the coin. If he was given the coin and he did something like this, I do not like what he did. But if he bought the coin and later he sold it, there is nothing wrong in that. That is market for you people. The owner of a coin can buy and sell the coin at anytime that he wants.

As I've seen, they did it themselves (transferred to Vitalik's wallet). Then again, it's the market, and the project founders are at risk there, as it wasn't coordinated properly (or it was, depending on what to believe in). The news behind this ordeal will pump it nevertheless, in my opinion.

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August 05, 2024, 08:57:31 AM
 #7

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0

What a smart guy. Vitalik knows that if Neiro was a shitty token, and he does it right by selling his NEIRO that he got for free. I know that NEIRO team has tried to send some tokens to Vitalik's address as a way to draw awareness from the public. It's no surprise if he decides to sell these free tokens to fulfill his needs.

It's also the team's fault for sending him huge amounts of money. Vitalik does the right thing and if i were him, then I would do the same thing as him. You got 100k for free, and cash out it.

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August 05, 2024, 09:03:09 AM
 #8

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0

What a smart guy. Vitalik knows that if Neiro was a shitty token, and he does it right by selling his NEIRO that he got for free. I know that NEIRO team has tried to send some tokens to Vitalik's address as a way to draw awareness from the public. It's no surprise if he decides to sell these free tokens to fulfill his needs.

It's also the team's fault for sending him huge amounts of money. Vitalik does the right thing and if i were him, then I would do the same thing as him. You got 100k for free, and cash out it.

Yeah, the market is a market, also, the news behind Neiro are going to skyrocket, I've even seen that they already are profiting from such attention to the coin Wink

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August 05, 2024, 09:51:51 AM
 #9

The developers transferred the coin to Buterin, claiming that he was the biggest holder, thereby getting the needed attention. It was a smart move by Vitalik Buterin and the developers of NEIRO meme coins. The developer used the popularity of Buterin to gain attention and it has worked for them. The price of the tokens dipped around 60% after the news that Buterin had dumped 17.1 billion NEIRO meme coins but the value of Neiro increased 200% after the dump.

As I've seen, they did it themselves (transferred to Vitalik's wallet). Then again, it's the market, and the project founders are at risk there, as it wasn't coordinated properly (or it was, depending on what to believe in). The news behind this ordeal will pump it nevertheless, in my opinion.
Although I might be wrong, I doubt if Vitalik was contacted before the coins were transferred to him. It could also be possible that it was a business deal between both parties. Anyway, both parties have made a good profit.

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August 05, 2024, 10:09:16 AM
 #10

Why didn't the neiro team send the neiro to the burning address instead?

i've heard this news in twitter as well and people are mad Grin. isn't sending their neiro to certain address like the one owned by vitalik akin to giving him ownership of the token for free and also giving him the rights to dump it?

seeing the scene of meme coin so far, I've always baffled with how the meme coin team keep sending their meme coin to some popular figure wallet or even crypto influencers and have surprised pikachu face when they are dumping the meme coin like bruh, you can do better Huh.
I think the Neiro development team thought that Vitalik might do the same thing to their project as Vitalik did to Shiba Inu in the previous cycle, but in fact Vitalik sold Neiro's toke for his own benefit.

haha he did get free money from Neiro developers, and the negative effect on Neiro itself was because Vitalik sold it instead of burning it or making it a charity.
Supposedly, if you want to give charity, why not just burn the token instead of giving it away like that, of course this has received criticism from many communities for the actions taken by the Neiro meme coin developer.

As usual, they want to feel that the project is owned by a famous person to trigger fomo in retail investors and take profits after the strategy is successful, but unfortunately this time it doesn't work well.
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August 05, 2024, 11:33:17 AM
 #11

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0

I'm not surprise on the action he do since that's profit already. If he want to sell then be it since for sure he also need money. As long as he do that on meme coin then I don't see any problem for dumping those tokens. Since for sure it will be a huge waste if the dev will be the one who sell first since we know rug pull is normal on meme coin scene.

If they are triggered with the action made by Vitalik then they can't do anything with it since for sure anyone will decide to sell especially if this is given to them.

So lesson in this story is don't hold meme coin since they might lose their money with those tokens.

R


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August 05, 2024, 02:37:28 PM
 #12

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0

It’s a free shitcoin thou, Vitalik has no legal obligation to hold this coin since this meme coin owner is just using Vitalik address to hype their project  by claiming Vitalik is a holder. Many meme token is using this scheme since Vitalik address is known to the public.

It’s not that Vitalik ask for it. This is the reason why people should avoid meme coin since the founder is using people money as exit liquidity through marketing expenses and team personal cashout using meme coins.

The team itself should be blamed by spending their tokens on a hoax marketing. Now they are paying for it when Vitalik clean his wallet shitcoins.

.
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August 05, 2024, 02:47:44 PM
 #13

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

From the moment they announced sending 4.08% of the total supply, you should have stayed away from investing in $Neiro, as if they are not careful with about 5% of the total supply and are trying to either promote that Vitalik bought it or that the project is being run with such stupid plans, both reasons are enough not to invest.

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August 05, 2024, 03:00:29 PM
 #14

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0
Did Vitalik Buterin bought the coin or they gave him the coin? I guess he bought the coin. If he was given the coin and he did something like this, I do not like what he did. But if he bought the coin and later he sold it, there is nothing wrong in that. That is market for you people. The owner of a coin can buy and sell the coin at anytime that he wants.
Why would he buy meme-tokens? Have you ever heard him buying any. People have given them for him give it to him because it's a good advertisement. "Look, even this OG whale is holding our token, he must see the value in it", even though he famously dumped those meme tokens before. Shiba even got fame for that, because they (as a community) are indirectly participated to one of the biggest charity funding out there that i've ever heard ($1 billion worth).

If i recollect correctly, over 10 years ago someone donated 20M doge accidentally and got people donating more as a support. They also got fame for doing that.

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August 05, 2024, 04:27:17 PM
 #15

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0

Excellent! Memecoins have no value and no vision. These are mostly run by scamsters. So it's an excellent move by Vitalik. Being a known crypto developer, a lot of these altcoin owners send coins to him thinking it will become a good promotion for them. So Vitalik has done the best possible thing he could do. Sold them all and added some more ETH to his own wallet.

Stop investing in memecoins. These are mostly run by the ponzi scammers. As the ponzi market is down after the actions taken by FBI and DOJ, these people have moved to crypto and started running cloud mining scams. Now the cloud mining has also lost the reputation, they have moved to memecoins.

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August 06, 2024, 01:41:17 AM
 #16

Did Vitalik Buterin bought the coin or they gave him the coin? I guess he bought the coin. If he was given the coin and he did something like this, I do not like what he did. But if he bought the coin and later he sold it, there is nothing wrong in that. That is market for you people. The owner of a coin can buy and sell the coin at anytime that he wants.



from the tx, clearly the developer of the token sent the token to vitalik's wallet and probably it's for marketing stunt to garner attention from people and it fails big time.
even if vitalik didn't buy it, it's not his fault for swapping, somebody is sending free money why he shouldn't take advantage of it.

however, always beware of buying this meme coin neiro, so many rugpulls happening, in solana it already dumped so hard.

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August 06, 2024, 02:43:12 AM
 #17

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

From the moment they announced sending 4.08% of the total supply, you should have stayed away from investing in $Neiro, as if they are not careful with about 5% of the total supply and are trying to either promote that Vitalik bought it or that the project is being run with such stupid plans, both reasons are enough not to invest.

The creator of the meme coin seem to favour short lived fame for the meme coin by sending it to vitalik and have intention to jeet the token immediately after it's reaching their target it seems.
because I think if i'm not mistaken it's not the first time vitalik buterin selling off the coin that he randomly received from some random meme coin creator.

Or it can be that this entire thing is intentional to make fuss about the news of vitalik buterin selling off the $NEIRO coin to boost the fame, regardless I won't buy the coin anyway, so many $NEIRO clone it makes me doubtful if the money won't be spread too thin.

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August 06, 2024, 05:13:33 AM
 #18

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0

Is this what you're talking about, Neiro? Because I'm not familiar with it, I'm not sure. https://www.coingecko.com/en/coins/neiro-2 but it looks like it is because on July 31, 2024, it was around 0.003$ something, and now it's around 0.024$, which is pretty big in terms of its value in the market.

He's new, but that's how it was immediately raised within less than 2 weeks of his release from the market. It seems that there are whales who are really manipulating its price. Now I only see two things: either Vitalik was given neiro or he really invested here. But it sold for a lot of money. I can't even say that he has potential because right now it seems to be hyped, and I haven't seen anything that really has potential in the future.

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August 06, 2024, 05:15:06 AM
 #19

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.
I just confirmed this news from many reliable sources and it's more reason why we should not rely on what these popular investors are doing, they can lure us to adopt a project but suddenly abandon it and leave us to lose. The $Neiro mightn't have fallen the way it did after the news, but the fact that a popular person like Vitalik Buterin with a successful crypto project (ETH) sold it. No way such people will not be particular about their own projects, but his decisions are for a good reason as well as it is for the preservation of his money, only that I wonder what the entire value of the $Neiro sold which is $103,000 as at that time do to him as a rich guy.

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August 06, 2024, 05:42:02 AM
 #20

vitalik.eth Vitalik Buterin
sold all 17.15B $Neiro for 44.53 $ETH($112.5K) 1 hour ago.

The #Neiro team transferred 17.15B $Neiro(4.08% of the total supply) to vitalik.eth after the launch.

https://etherscan.io/tx/0x5346141743fc3cc72579f43b787cc0b1fc36c5bfe314f35a9e68178f0bb3a0e0

Is this what you're talking about, Neiro? Because I'm not familiar with it, I'm not sure. https://www.coingecko.com/en/coins/neiro-2 but it looks like it is because on July 31, 2024, it was around 0.003$ something, and now it's around 0.024$, which is pretty big in terms of its value in the market.

He's new, but that's how it was immediately raised within less than 2 weeks of his release from the market. It seems that there are whales who are really manipulating its price. Now I only see two things: either Vitalik was given neiro or he really invested here. But it sold for a lot of money. I can't even say that he has potential because right now it seems to be hyped, and I haven't seen anything that really has potential in the future.

According to news sources, he was just given the amount for nothing, and then he sold them. Everybody would do that, it's like getting spare money and getting it out of the bank the moment you see the numbers Wink

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