A notable event has recently occurred in the cryptocurrency world. Vitalik Buterin, the founder of Ethereum, sold approximately 150 billion tokens known as 'Little Puppy' in just 10 minutes, cashing out around $110,000. This move immediately sparked widespread discussion and speculation within the community.
Interestingly, this behavior reminds one of Buterin's past similar actions with the Shiba Inu (SHIB) token. At that time, his actions actually became a catalyst for the SHIB price surge, ultimately leading to a value increase of about 260,000 times. Therefore, some observers believe that this 'sell-off' may be a signal of history repeating itself.
'Shiba Inu' token has attracted such great attention mainly due to two key factors. First, Elon Musk publicly expressed his affection for 'Shiba Inu', and his mother also publicly supported it twice; these interactions directly led to a significant increase in the coin's price. Second, the combination of cute pet themes and the 'Musk Effect' happened to touch on the hotspots of the cryptocurrency circle.
Although the year 2025, known as the 'Year of the Golden Dog', has not yet arrived, the 'Little Puppy' has already secured an important position on major trending lists and even dominated the live streaming rooms. Now, cryptocurrency enthusiasts are closely watching, curious if the 'Little Puppy' can replicate the success myth of SHIB.
At the same time, the trends in other encryption currency markets are also worth noting. There are reports that well-known investor Michael Saylor may increase his Bitcoin holdings, which undoubtedly adds new variables to the market. With October approaching, the decisive battle for cryptocurrency ETFs will also begin, and the direction of the entire market is highly anticipated.
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A notable event has recently occurred in the cryptocurrency world. Vitalik Buterin, the founder of Ethereum, sold approximately 150 billion tokens known as 'Little Puppy' in just 10 minutes, cashing out around $110,000. This move immediately sparked widespread discussion and speculation within the community.
Interestingly, this behavior reminds one of Buterin's past similar actions with the Shiba Inu (SHIB) token. At that time, his actions actually became a catalyst for the SHIB price surge, ultimately leading to a value increase of about 260,000 times. Therefore, some observers believe that this 'sell-off' may be a signal of history repeating itself.
'Shiba Inu' token has attracted such great attention mainly due to two key factors. First, Elon Musk publicly expressed his affection for 'Shiba Inu', and his mother also publicly supported it twice; these interactions directly led to a significant increase in the coin's price. Second, the combination of cute pet themes and the 'Musk Effect' happened to touch on the hotspots of the cryptocurrency circle.
Although the year 2025, known as the 'Year of the Golden Dog', has not yet arrived, the 'Little Puppy' has already secured an important position on major trending lists and even dominated the live streaming rooms. Now, cryptocurrency enthusiasts are closely watching, curious if the 'Little Puppy' can replicate the success myth of SHIB.
At the same time, the trends in other encryption currency markets are also worth noting. There are reports that well-known investor Michael Saylor may increase his Bitcoin holdings, which undoubtedly adds new variables to the market. With October approaching, the decisive battle for cryptocurrency ETFs will also begin, and the direction of the entire market is highly anticipated.