Vitalik Buterin’s attack on BITE, ‘Shitcoins’ backfires

Vitalik Buterin’s attack on BITE, ‘Shitcoins’ backfires

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ether ETH/USD co-founder Vitalik Buterins The latest stand against sh*tcoins didn’t quite go as planned.

What happened: It looks like his words didn’t carry the weight he was hoping for: instead, he was sent even more “shitcoins” that he tried to vilify.

In a March 9 post on the subreddit r/Testingtesting62831, Buterin described Bite BISS/USD and other sh*tcoins with “no redeeming cultural or moral value” and said they will “probably lose most of the money you have invested in them.”

Buterin added, “I fully support these projects.”

See more: Top Indian Apps Giving Bitcoin, NFT Rewards

Shortly after the post, Buterin was sent 250,000 BITE tokens, valued at $0.011. That means this gift was worth $2,750.

buterin went on a “shitcoin” selling spree On March 7th, over $700,000 worth of tokens – including 3.4 million BITE tokens – were paid out for Ether.

Price promotion: At the time of writing, BITE was trading at $0.00035, up 1% over the past 24 hours. according to Benzinga Pro.

Continue reading: Bitcoin collapses to $20,000, Ethereum, Dogecoin tremble at Biden’s new crypto tax system: Analyst sees “euphoric” bears at this level


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