'I anti-endorse these projects' — Buterin's shitcoin war sees him sent another 250K

Ethereum co-founder Vitalik Buterin's latest salvo against “shitcoins” has ended up with him simply being sent much of it.

Only days ago, the Ethereum developer made moves to merchantability implicit $700,000 of tokens antecedently airdropped to him, causing the terms of these tokens to fall. 

Buterin has since continued his warfare connected evident “shitcoins.” In a Mar. 9 post connected a tiny subreddit, Buterin labeled crypto token Bite (BITE) and astir of the different coins discussed connected the r/Testingtesting62831 subreddit were “shitcoins” which person “no redeeming taste oregon motivation value, and volition astir apt suffer you astir of the wealth you enactment into them.”

Vitalik Buterin's afloat station connected the Testingtesting62831 subreddit. Source: Reddit

BITE was 1 of the tokens Buterin sold successful his shitcoin selling spree connected Mar. 7, selling 3.4 cardinal BITE for astir $9,250, according to PeckShield.

“I anti-endorse these projects to the top extent.”

Buterin’s station was besides apt prompted by the immense fig of posts pushing the BITE token connected the subreddit, which helium created backmost successful Jul. 2020 and inactive moderates.

The station acceptable him up for a question of trolling, however, with different members of the subreddit doubling down connected their shilling and creating a fig of memes.

One of the posts purportedly trolling the Ethereum co-founder. Source: Reddit

Buterin was adjacent sent 250,000 BITE soon aft making the post. The token doesn't look to beryllium listed connected galore mainstream crypto terms tracking sites, but blockchain records amusement sales hover astir $0.011 per token, making the 250,000 sent to Buterin worthy astir $2,750.

A screenshot of transactions associated with 1 of Buterin’s wallets. Source: Etherscan

Meanwhile, respective Twitter accounts claiming to beryllium affiliated with the BITE token and its assemblage person called the notation by Buterin "BULLISH."

Related: Vitalik Buterin's philanthropic money donates 15M USDC to UC San Diego

The Ethereum co-founder had gone connected a shitcoin selling spree conscionable 2 days prior, offloading immoderate $700,000 worthy of tokens that were airdropped to him and exchanging them for Ether (ETH).

Buterin initiated a akin offload successful May 2021, selling tokens specified arsenic Shiba Inu (SHIB) and Dogelon Mars (ELON) and causing their prices to vessel by 40% and 90% respectively.