Hilarious Twitter reactions to Vitalik’s altcoin dumping spree

The cryptocurrency market is known for its volatility and unpredictability, and one aspect of this is the emergence of “shitcoins” – digital tokens with little to no real-world value. Recently, there has been buzz surrounding Ethereum co-founder Vitalik Buterin’s decision to sell some of these tokens, sparking speculation and discussion within the crypto community.

Some have speculated that Buterin’s token sell-off was due to the bear market situation, while others believe he may have wanted to avoid these tokens counting as income on his tax sheet.

In his spree of early morning selling, Vitalik Buterin, co-founder of Ethereum, has unloaded several low-cap alt-coins, setting off a wave of criticism–many in meme form.

After Vitalik flipped 50B Mops for 1.25 Ethereum($2,000), 10 billion Cult for 58 Ethereum($91,000), and 500 trillion Shik whop a whopping 380 Ethereum ($600,000), Twitter kicked in and did what it does best.

@Gainzy222 trolls shill culture

One man’s trash, is @GonSendIt’s gain

Some think its dumb people are making a big deal when he never asked for the Tokens to begin with

Following the transactions, the tokens experienced a natural price crash, with the exception of Mops, which inexplicably surged by over 85%. Cult saw a decrease of over 8%, Shik nearly 70%, and BITE over 6%. Despite Buterin’s dumping, the tokens seem to have benefited from the attention.

Mops has surged 216% in value over the last 24 hours. Prompting some funny tweets also.

Then those bullish on CULT

The reason for this occurrence remains unclear, but similar crashes in tokens have resulted from Buterin’s token dumps in the past. However, Shiba Inu (SHIB) has experienced a remarkable surge in value since its dump. The project has endeavored to rebrand itself as more than just a meme coin and provide greater utility to its users.

Speculation of Vitalik as a low-cap market whisper?

@MPtherealMVP walked so Vitalik could run

@LilMoonLambo predicts baller activity ahead

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