{"id":123501,"date":"2021-05-03T10:38:32","date_gmt":"2021-05-03T10:38:32","guid":{"rendered":"https:\/\/precoinnews.com\/?p=123501"},"modified":"2021-05-03T10:38:32","modified_gmt":"2021-05-03T10:38:32","slug":"ethereum-co-founder-vitalik-buterin-becomes-billionaire-as-ether-hits-3k","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/ethereum-co-founder-vitalik-buterin-becomes-billionaire-as-ether-hits-3k\/","title":{"rendered":"Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K"},"content":{"rendered":"
Vitalik Buterin, a co-founder of the world\u2019s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire.<\/p>\n
Buterin\u2019s public Ether address, which he described as his main wallet back in 2018, has hit $1 billion on its balance following Ether\u2019s meteoric rise above a $3,000 price mark on Monday.<\/p>\n
At the time of writing, the address holds\u00a0around 333,500 Ether (ETH) now worth $1.029 billion, according to on-chain data from Etherscan, as ETH more than quadrupled in value from around $700 at the beginning of 2021.<\/p>\n
At publishing time, the world\u2019s largest altcoin is trading at $3,144, up 8.6% over the past 24 hours, with gains of 36% over the past seven days, according to data from CoinGecko.<\/p>\n
<\/p>\n
According to some online crypto players, 27-year-old Buterin now could be the youngest self-made billionaire in the cryptocurrency industry.\u00a0<\/p>\n
Amid surging prices, Buterin has been generous with his crypto holdings. In late April, the Russian-Canadian programmer donated 100 Ether\u00a0and 100 Maker (MKR) tokens to a COVID-19 relief fund for India.<\/p>\n