Ether Continues to Scale New Highs as Vitalik Buterin Turns Into Billionaire May 3, 2021 May 3, 2021 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Bitcoin NewsMay 3, 2021 by Kelly Cromley

Ether Continues to Scale New Highs as Vitalik Buterin Turns Into Billionaire

Ethereum co-founder Vitalik Buterin is the latest to become a cryptocurrency billionaire. The main Ethereum wallet used by the creator of arguably the number one smart contract platform has now $1 billion worth Ether (ETH), the native crypto of Ethereum blockchain. Buterin had disclosed his main wallet address back in 2018.

Buterin’s networth hit $1 billion after the price of Ether crossed $3,000 earlier today. While writing this article, Ether was trading at $3,157.32, an increase of 7.2% in the last 24 hours.

Buterin’s wallet holds about 333,500 Ether, implying a value of about $1.03 billion, as per on-chain data provided by Etherscan. Notably, the value of Ether has more than quadrupled from $700 at the start of this year.

Ether has gained 36% in the last seven days, as per data provided by CoinGecko. As per certain online cryptocurrency advocates, 27-year old Buterin is likely the youngest self-made billionaire in the crypto sector.

Against the backdrop of rising prices, Buterin has proven to be a great philanthropist. In the final leg of April, the Russian-Canadian coder donated 100 Ether and 100 Maker (MKR) tokens for Covid-19 relief program for India.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.