Vitalik Buterin’s net worth decreases more than 90% as Ethereum [ETH] Faces a Storm

Vitalik Buterin has been called an alien, and even a robot given his high capacity thinking, intelligence, and strange personality. However, all this seems to be put to rest finally as Ethereum has fallen to a mere $107.87 at the time of writing. The figures state a massive drop from the huge gains it experienced at the beginning of the year January when it touched an all-time high of $1,417.38.

They say ‘curiosity killed the cat’ and thus with the major falls in Etheruem one wonders what Vitalik Buterin’s wallet holds currently. At the time the major surge in price in January 2018, Buterin’s wallet had around 375,000 ETH  and was valued at around $514 million. However, since that time, only 20,000 ETH has been sent, and nothing received, so the remaining in his wallet has been 355,000 ETH. Thus with the price levels at $107.87 it is now worth about $21.57 Million.

In a recent conversation with Quartz, Vitalik Buterin seems to be put off with the real world solutions using Blockchain such as the United Nation’s World Food programme. He seems to be clear that Cryptocurrencies is the most significant aspect of Blockchain as it helps in the movement of funds. However, he likes specific Blockchain solutions such as the authentication of university programmes.

The interview even had him state he is trying to learn and improve Japanese and Spanish.

Blockmanity’s Take

Ethereum has lost out to XRP and is now struggling in the third position. Nonetheless, Ethereum Foundation has not given up with developers working towards a more sustainable model through upgrades and improving scalability.

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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.