Ethereum's co-founder Vitalik Buterin has sponsored the pygmy hippo Moo Deng, who became an internet sensation and inspired the creation of the meme coin MOODENG.
Vitalik Buterin Supports Moo Deng
Vitalik Buterin, one of Ethereum's founders, has decided to support the pygmy hippo Moo Deng, who became famous online. The Khao Kheow Open Zoo in Thailand reported that Buterin donated 10 million Thai Baht (around $292,000) to support Moo Deng and her family as part of a wildlife sponsorship program. The zoo expressed immense gratitude for such generous support.
Trader Profits $1.1M on ETH Short
A crypto trader recently made over $1.1 million in just two days by adeptly shorting Ethereum (ETH) during the market correction. By using a 50x leveraged position, the trader borrowed 19,186 ETH, valued over $64.5 million, when ETH was priced at $3,428. This trade also yielded the trader over $680,000 in fees.
ETH's Rising Popularity Against Bitcoin
Ethereum is showing potential for a breakout against Bitcoin in early 2025. With its strengthening position, experts predict that ETH may outperform BTC in the coming months, opening new investor opportunities and raising questions about the growing popularity of ETH ETFs.
These events highlight Ethereum's significance in the modern financial system, its ability to inspire new achievements, and open investor opportunities. Philanthropy, trading, and Ethereum's future underscore its growing influence in the crypto world.
