Vitalik Buterin, co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a cryptocurrency billionaire.
Buterin’s public appearance, which he called his most important wallet in 2018, reached $ 1 billion in Ether balance after air soared above $ 3,000 on Monday.
At the time of writing, the headline now contains 333,500 Ether (ETH) worth $ 1.029 billion, according to Etherscan, as the value of ETH has more than quadrupled from roughly $ 700 in early 2021.
According to data from CoinGecko, the world’s largest alternative digital currency is trading at $ 3,144 at time of publication, up 8.6% over the past 24 hours, up 36% over the past seven days.
Ethereum price chart for the last 180 days. Source: CoinGecko
According to some online cryptocurrency players, 27-year-old Buterin may be the youngest billionaire to make money in the cryptocurrency industry.
In the midst of high prices, Buterin manages his cryptocurrency reserves lavishly. At the end of April, a Russian-Canadian programmer donated 100 Ether and 100 Micr (MKR) to the India COVID-19 Relief Fund.