Ethereum’s 27-year-old co-founder, Vitalik Buterin, has reclaimed the title of the world’s youngest crypto billionaire thanks to ether’s latest gains. Forbes estimates his total wealth at $1.46 billion.
Buterin entered the three comma club in early May, when Ethereum’s native token crossed the $3,000 mark for the first time. However, he lost his billionaire status when ether, along with the rest of the cryptocurrency market, fell later that month to a low of $1,725.19 after electric car manufacturer Tesla stopped accepting bitcoin as payment and Chinese regulators intensified the crackdown on cryptocurrency trading and mining activities.
Since the market's reversal at the end of September, catalyzed by the first bitcoin futures exchange-traded fund and a renewed wave of institutional adoption of digital assets, including non-fungible tokens (largely built on top of Ethereum), ether has been climbing steadily. It has also benefited from staking activities on the network as part of its transition to a full proof of stake model from the more energy-intensive proof of work method, also used by bitcoin. A significant August software update that was part of this roadmap added a degree of deflationary pressure to the asset.
This morning, the second largest cryptocurrency by market capitalization hit a new all-time high of $4,644.01, according to crypto analytics firm Messari, though it is now trading lower, near $4,500. At the current price, the 325,104 ETH in his wallets are worth approximately $1.46 billion.
Notably, in May Buterin burned, or essentially took out of circulation, more than $6.7 billion worth of SHIB tokens, sent to him by the anonymous developer of the dog-themed cryptocurrency. At today’s price—which has jumped by thousands of percentage points since May thanks to avid supporters hyping it up,—that trove would be worth more than $25 billion. Yet had he held onto it, Shiba Inu might not have reached the current highs. Had he sold, thus flooding the market, SHIB’s price would have likely plummeted. According to Ethereum analytics platform Etherscan, Buterin still holds 3,457,471 SHIB tokens, worth mere $219.
Buterin entered the three comma club in early May but fell off the ranks as the market turned bear. Ethereum's 27-year-old co-founder, Vitalik Buterin, has reclaimed the title of the world's youngest crypto billionaire thanks to ether's latest gains. Forbes estimates his total wealth at $1.46 billion.
Vitalik Buterin's net worth is estimated to be at least $552.86 million as of January 2024. Most of Buterin's known crypto net worth is in the ETH token, meaning it is highly dependent on ETH's fluctuating price.
Our most recent Ethereum price forecast indicates that its value will increase by 1.24% and reach $3,212.44 by August 03, 2024. Our technical indicators signal about the Bearish Bullish 31% market sentiment on Ethereum, while the Fear & Greed Index is displaying a score of 52 (Neutral).
According to Arkham, Vitalik Buterin became a billionaire for the first time during the bull market in 2021, earning a fortune of $2.09 billion when the ETH price rose to $4,891. In addition to Ethereum, Buterin's wallet contains 869 thousand 500 Kyber Network (KNCL), 196.42 Wrapped Ether (WETH) and 101 million THE.
So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.
After graduation, Buterin enrolled into the University of Waterloo which he eventually dropped out after a year of computer science and landed the Thiel Fellowship. He used his time to co-found and work on several startups in cryptocurrency and digital finance. He's also well-known for having an IQ level of 257.
At the beginning of 2030, the ETH price could reclaim its position of $10,000 and probably be above that level, establishing a robust upward trend. ETH might even bypass this all-time high of around $12,000 and set a new record. But, again, after reaching this peak, a crucial pullback might ensue.
As a leading cryptocurrency with thousands of dApps and NFT projects associated with it, Ethereum has the potential to rise to new highs every decade. Considering it, our Ethereum price prediction for 2040 lies between $56,840 and $36,750. The average price for 1 ETH in 2050 could be $42,390.
Supply Limit: Bitcoin has a capped supply of 21 million coins, emphasizing scarcity to preserve value. Ethereum, on the other hand, does not have a fixed supply limit, which is intended to facilitate its broader use in executing smart contracts and running DApps.
In February 2023, he was the largest individual staked ether holder, with a balance of $500 million. On behalf of non-fungible token (NFT) related projects and funds, he has spent more than $100 million at auction for artworks from Pablo Picasso, Andy Warhol, Alberto Giacometti, and Pak.
Anthony Di Iorio is a Canadian entrepreneur primarily known as a co-founder of Ethereum and an early investor in Bitcoin. Di Iorio is the founder and CEO of the blockchain company Decentral, and the associated Jaxx wallet. He also served as the first chief digital officer of the Toronto Stock Exchange.
The live price of Ethereum is $ 3,323.45 per (ETH / USD) with a current market cap of $ 399.64B USD. 24-hour trading volume is $ 13.83B USD. ETH to USD price is updated in real-time. Ethereum is -0.24% in the last 24 hours with a circulating supply of 120.25M.
Introduction: My name is Mrs. Angelic Larkin, I am a cute, charming, funny, determined, inexpensive, joyous, cheerful person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
