.VitalikButerin has warned against investing in meme tokens like BITE
, Ethereum co-founder Vitalik Buterin has issued a warning to the crypto community about the tokens he recently sold-off, including the meme coin BITE.
Buterin stated that these coins have"no redeeming cultural or moral value" and are likely to result in financial losses for investors. The post has sparked a mixed reaction from the community, with some dismissing Buterin's warning and predicting that BITE and other coins will skyrocket in value. Others have welcomed Buterin into the BITE community, jokingly thanking him for"making himself part of the community."This isn't the first time Buterin has made waves in the meme coin world. In 2019, he famously dumped Shiba Inu, urging others not to invest in the coin, only for it to become one of the best-performing cryptocurrencies of the year. After removing
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