As a seasoned researcher and cryptocurrency enthusiast with over two decades of experience in the field, I must admit that Vitalik Buterin’s latest bull post has left me both amused and intrigued. Having closely followed Ethereum’s evolution since its inception, it’s fascinating to witness Buterin’s innovative approach to express his views on the altcoin market.
An epic new bull post was released today by Vitalik Buterin, as the Ethereum founder seems to have found a new way to communicate his stance on the altcoin through AI-generated images.
In response to being queried about expressing optimism towards ETH on social media, despite the current downbeat community sentiment, Buterin shared an image yet again, featuring a bull displaying a banner that declared: “I’m bullish on Flux, I’m bullish on Ethereum.”
Previously as well, it was an image of a bull with a sign, and this occasion is no less so. As he delves deeper into the details, the artwork was produced using the FLUX.1 app, a creation from AI startup Black Forest, right on a laptop equipped with a 4070 GPU. It was crafted in two shots, slightly enhanced with some editing like minor touch-ups and inpainting.
nother image, this time provided by @bfl_ml FLUX developer. This particular image was created locally on their laptop using a 4070 GPU, and it required only two attempts with minor touch-ups using GIMP and inpainting software.
— vitalik.eth (@VitalikButerin) August 27, 2024
Bull becomes new meme coin hero
It appears that Vitalik Buterin’s message may not be entirely clear on one side, making it somewhat unclear. However, even if his intent isn’t sarcastic (as it seems), the credibility of his statement, often referred to as “bullposting,” remains questionable. If his responses are merely intended to divert attention from ETH‘s price inquiry or serve as a humorous deflection against persistent questions, then Buterin’s approach appears successful, given that this post has been met with an influx of memes and discussions about meme coins.
In the end, it was Buterin who posted real bulls, as they became the trend in the meme-based cryptocurrency world, instead of cats, dogs, or frogs being popular as they once were.
Despite Ethereum’s price performance not outshining Bitcoin, Solana, or numerous other altcoins, traders specializing in meme coins can still reap profits from speculative bullish statements about it made by Buterin.
It’s important to mention that the world of meme cryptocurrencies operates like a survival-of-the-fittest environment, or a player-versus-player arena at present. Consequently, only a tiny fraction of participants are expected to rise above the competition.
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2024-08-27 13:11