As Ether hits $3k Vitalik Buterin becomes a Billionaire

A crypto billionaire has emerged in the person of Vitalik Buterin a co-founder of the world’s famous smart contract platform, the Ethereum blockchain.

A perusal of the  Ether address of Buterin,  which the billionaire made public in 2018 as his main wallet has hit $1 billion premised on its balance Ether meteoric above $3,000 price mark on Monday.

The address which was made public by Buterin has reached contains 333,500 Ether and which is roughly estimated at $1.029 billion, as provided by to on-chain data, from Etherscan as ETH, which at the start of 2021, it is more than the quadrupled in value around $700.

At publishing time, the world’s largest altcoin is trading at $3,144, up 8.6% over the past 24 hours, with gains of 36% over the past seven days, according to data from CoinGecko.

According to some online crypto players, 27-year-old Buterin now could be the youngest self-made billionaire in the cryptocurrency industry.

Amid surging prices, Buterin has been generous with his crypto holdings. In late April, the Russian-Canadian programmer donated 100 Ether and 100 Maker (MKR) tokens to a COVID-19 relief fund for India.

Leave a Comment