Crypto Hopefuls Seek Value in Memecoins After Vitalik Buterin’s Tweets

CoinDesk published this video item, entitled “Crypto Hopefuls Seek Value in Memecoins After Vitalik Buterin’s Tweets” – below is their description.

“THE,” a new class of meme tokens created over the past week after a tweet made by Ethereum co-creator Vitalik Buterin, has seen some $10 million in on-chain trading volume and counts of over 5,000 holders as of Friday afternoon. “The Hash” team discusses the latest in the world of memecoins.

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Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Amongst cryptocurrencies, Ether is second only to Bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin.

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Vitaly Dmitriyevich “Vitalik” Buterin is a Russian-Canadian programmer and writer who is best known as one of the co-founders of Ethereum. Buterin became involved with cryptocurrency early in its inception, co-founding Bitcoin Magazine in 2011. In 2014, Buterin launched Ethereum with Gavin Wood.

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