October 22, 2022

Vitalik Buterin Sparks Memecoin Craze

Ethereum founder’s tweets have sparked a series of memecoins.

While suggesting a solution to Twitter spam bots, Vitalik mentioned a hypothetical X coin.

Few hours later someone created the X token on the Ethereum and Binance chain.

X coin on Ethereum chain is already up by 4,000%, with a total market cap of over $1 million, according to data from DEXTOOLS.

Earlier this week, two memecoins THE and DIE were also created after Vitalik Buterin’s tweets.

Vitalik even acknowledged what his tweets transpired, saying “What Have I Done.”

Vitalik Buterin seems to be following Elon Musk in creating a memecoin craze.