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Cryptocurrency News Articles

Ethereum (ETH) is gearing up for a strong move upward.

Oct 14, 2024 at 11:53 pm

The trade price of Ethereum (ETH) has seen a significant increase compared to Bitcoin (BTC), following two major development proposals suggested by Ethereum co-founder Vitalik Buterin.

At press time, the current trade price of ETH is $2,631, reflecting an increase of 7.85% over the last 24 hours. The majority of this change occurred within the last 12 hours.

Most of the change in Ethereum’s trade price took place within the last 12 hours.

#Altcoins #Ethereum #ETH is gearing up for a strong move upward. 📸🚀 pic.twitter.com/tUv2ickdBX

On Oct 13, 2024, Vitalik sold a large amount of memecoins, receiving 257.1 ETH ($636K). On the same day, he also sold another eight meme tokens, securing 651.4 ETH ($1.61M).

Vitalik sold 8 Meme tokens in the past 40 minutes for 651.4 ETH ($1.61M), including MSTR Milo POPCAT TCATI VITALIK MOODENG FWOG EBULL.

According to reports, Vitalik sold these meme tokens for the purpose of making donations. Earlier this year, members of the ETH community criticized Vitalik for selling a large amount of ETH coins. However, Buterin later clarified that he never sold any of his personal ETH holdings.

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