Do repost and rate:
Ethereum co-founder Vitalik Buterin said on Friday that he is no longer a billionaire, following a severe drop in Ethereum (ETH) prices this year.
Buterin, who had co-created Ethereum in 2014, reportedly owns a wallet with about 290,000 ETH tokens ($574.1 million). At one point, the wallet would have been worth more than $1.5 billion, corresponding with a surge in ETH prices.
But ETH has plummeted nearly 60% from a record high of $4860 touched in November 2021. It is now trading at $1972, according to data from Coinmarketcap.com.
Buterin was at one point the youngest crypto billionaire
Buterin announced the loss of his billionaire status in a Tweet late-Friday.
(btw btw I’m not a billionaire anymore)
