Home / Business / Ethereum co-founder Vitalik Buterin becomes a billionaire when ether hits $ 3K.

Ethereum co-founder Vitalik Buterin becomes a billionaire when ether hits $ 3K.



Vitalik Buterin, co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire.

Buterin’s public ether address, which he describes as his 2018 primary wallet, touched $ 1 billion off balance after Ether surged above $ 3,000 on Monday.

At the time of writing, the address is valued at approximately 333,500 Ether (ETH), which is now worth $ 1.029 billion, according to online data from Etherscan, since ETH is more than four times the value of about $ 700 in early 2021.

At the time of publication, the world̵

7;s largest altcoin was trading at $ 3,144, an 8.6% increase over the past 24 hours, with a 36% gain over the past seven days, according to data from CoinGecko.

Ethereum price chart for the last 180 days. Source: CoinGecko.

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

Amid soaring prices, Buterin is generous with his crypto holdings.In late April, the Russian-Canadian programmer donated 100 Ether and 100 Maker (MKR) tokens to India’s COVID-19 relief fund.