Vitalik Buterin Sells 40 Million ASTEROID OG Tokens as Price Jumps 120%

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JOON HYOUNG LEE

Summary

  • Vitalik Buterin sold 40 million Asteroid (ASTEROID OG) tokens that he had received as a donation.
  • Onchain Lens said Buterin has started selling donated memecoins and may make additional sales.
  • Asteroid surged as much as 120%% from the previous day before trading around $0.013, still up 86.24%%.

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Photo: Shutterstock
Photo: Shutterstock

Ethereum co-founder Vitalik Buterin sold 40 million ASTEROID OG tokens that he had received as a donation, as the memecoin surged more than 120% in a day.

Onchain Lens said on April 29 that Buterin sold the tokens for about $114,600 based on the value at the time of the sale.

The tokens were part of a donated allocation, according to the on-chain tracker. It added that Buterin has started selling donated memecoins and may make additional sales.

ASTEROID rose more than 120% at one point on April 29. CoinMarketCap data showed the token trading around $0.013 as of 3:34 p.m., up 86.24% from a day earlier. Odaily said news of Buterin's token sale may have contributed to the jump.

JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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