EDCON 2024: Ethereum Founder Buterin Proudly Announces He’s A ‘Dogecoin Hodler’

As a seasoned crypto investor with a knack for unraveling the enigmatic threads that weave through this dynamic market, I find myself intrigued by Vitalik Buterin’s latest antics at EDCON 2024. His grand entrance in a kimono and horse-head mask was certainly unexpected, but then again, isn’t that what makes crypto so exciting?


Vitalik Buterin knows how to make an impact. He does it in a distinctive, unforeseen – but amusing – fashion.)

On July 30, 2024, he jet-setted into Tokyo for EDCON 2024, leaving a lasting mark. He sauntered onto the stage in a striking black kimono with oversized sleeves, shrouded in enigma and whimsical charm, contrasting significantly from his customary plain demeanor. The highlight of this ensemble was a captivating black-and-white horse mask adorned with intricate details that left both spectators thrilled and puzzled.

The visitors chuckled at the charade and played along, despite his unique looks and behavior. A voice called out from the crowd, “Who are you?” Buterin replied, with flair, that he was a “Dogecoin holder.” This statement caused both laughter and curiosity among the people. However, this brief performance helped set a casual tone for what later became a significant conversation about Ethereum‘s future.

Everyone: Who are you?

V: I’m a Dogecoin hodler.#EDCON2024 @dogecoin @VitalikButerin

— EDCON (@EDCON2024) July 30, 2024

Buterin’s Dogecoin Connection

Vitalik Buterin’s open admission of being a Dogecoin holder surprised some, but for those who knew him earlier, it was a reminder of his long-standing, if unconventional, connection with the meme coin. In an interview with Lex Friedman in 2021, Buterin looked back at his early involvement with Dogecoin, which he initiated in 2016 with an investment of $25,000. By June 2021, this initial investment had grown significantly to a staggering $4.3 million.

The Ethereum founder has consistently placed charity high on his agenda, reflecting his conviction that generosity can make a significant impact and aid people. This action underscores his willingness to merge ideals with practicality and his faith that digital currencies could potentially reshape the global landscape.

EDCON 2024: Ethereum Founder Buterin Proudly Announces He’s A ‘Dogecoin Hodler’

A Tale Of Two Memes: Shiba Inu Vs. Dogecoin

Vitalik Buterin’s favoritism towards Dogecoin significantly differs from his views on Shiba Inu, a coin known for its humorous origin. Despite the fact that Shiba Inu operates on the Ethereum network, Buterin has publicly expressed his skepticism about it.

As an analyst, I find myself aligning with Vitalik Buterin’s recent observation about SHIB. While it has shown remarkable resilience beyond my initial predictions, it seems poised to become another overhyped meme coin in the long run, potentially experiencing a decline. However, the pace and extent of Shiba Inu’s tenacity and development have surpassed my expectations, which is quite noteworthy.

At EDCON 2024, Buterin not only put on a show with his revelation, but his unconventional yet calculated approach to the crypto market was undeniably apparent. His support for Dogecoin, while shaping Ethereum’s course, serves as a reminder of the diverse and occasionally unpredictable traits characteristic of digital currencies.

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2024-08-03 01:12