Vitalik Buterin Makes Significant Profit from Memecoin Transaction
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 28 2025Buterin's Memecoin Transaction: Vitalik Buterin, co-founder of Ethereum, made headlines by converting unsolicited memecoins into Ethereum and USDC, netting approximately $114,700 through a strategic transaction on Uniswap.
Market Impact and Insights: His actions led to a notable decline in the value of the memecoin "I love puppies," highlighting the volatility of the memecoin market and the significant influence of prominent traders on asset prices.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
