Stalled Bitcoin Prices Can’t Dampen the Holiday Spirit
Ethereum Co-Founder Vitalik Buterin Spreads Cheer with Generous Donation
Vitalik Buterin, co-founder of Ethereum, has found a way to spread some holiday cheer despite the stalled prices of bitcoin and other cryptocurrencies. Buterin has accepted an invitation to be the “adoptive father” of a pygmy hippo named Moo Deng, and is also donating 10 million Thai baht (approximately $300,000) to the Khao Kheow Open Zoo in Bangkok, where Moo Deng lives.
A Gesture of Friendship and Respect
Buterin made the donation in Moo Deng’s name, which will be used to upgrade general zoo operations and create a dedicated pygmy hippo habitat within the premises. He explained that the donation was a “gesture of friendship and respect” to the people of Thailand, who had welcomed him warmly during the annual Ethereum developer conference in November.
Moo Deng: The Internet Sensation
Moo Deng, also known as “bouncy pork” in Thai, became an internet sensation earlier this year after images of her went viral online. She has two siblings, brother Moo Toon (stewed pork) and sister Moo Waan (sweet pork). The popularity of Moo Deng led to the creation of a memecoin, MOODENG, which was listed on influential exchanges such as Binance and Coinbase and hit a market capitalization of over $600 million in November.
A First for Thailand
MOODENG is considered the first Thai memecoin and the first token themed on an animal other than a dog or cat to garner massive trading volumes. However, token prices have since dropped by 60% from their peak, with much of Moo Deng’s popularity remaining focused within Thailand and neighboring markets.
Conclusion
In a year marked by market volatility and uncertainty, Vitalik Buterin’s generous donation to the Khao Kheow Open Zoo is a heartwarming reminder of the importance of spreading joy and kindness during the holiday season. Despite the challenges faced by the cryptocurrency market, Buterin’s actions demonstrate that even in difficult times, there is always room for generosity and goodwill.
FAQs
Q: Who is Vitalik Buterin?
A: Vitalik Buterin is a Russian-Canadian programmer and co-founder of Ethereum, a decentralized platform for building decentralized applications.
Q: What is Moo Deng?
A: Moo Deng is a pygmy hippo who became an internet sensation earlier this year after images of her went viral online. She has two siblings, brother Moo Toon and sister Moo Waan.
Q: What is MOODENG?
A: MOODENG is a memecoin created in honor of Moo Deng, which was listed on influential exchanges such as Binance and Coinbase and hit a market capitalization of over $600 million in November.
Q: What is the purpose of Buterin’s donation?
A: Buterin’s donation of 10 million Thai baht (approximately $300,000) to the Khao Kheow Open Zoo will be used to upgrade general zoo operations and create a dedicated pygmy hippo habitat within the premises.
Q: Why did Buterin make the donation?
A: Buterin made the donation as a “gesture of friendship and respect” to the people of Thailand, who had welcomed him warmly during the annual Ethereum developer conference in November.