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Ethereum co-founder Vitalik Buterin became a billionaire as Ether reached $ 3K



Vitalik Buterin, co-founder of the world’s most popular smart contracts platform, the Ethereum blockchain, has officially become a crypto billionaire.

Buterin’s etheric public address, which he described as his main portfolio in 2018, reached $ 1 billion on its balance sheet after Ether’s meteoric rise above $ 3,000 on Monday.

At the time of writing, the address contains about 333,500 Ether (ETH), which now costs $ 1.029 billion, according to Etherscan, as ETH has more than quadrupled from about $ 700 in early 2021.

At the time of publication, the world’s largest altcoin was trading at $ 3,1

44, an increase of 8.6% in the last 24 hours, with a gain of 36% in the last seven days, according to CoinGecko.

Ethereum price chart for the last 180 days. Source: CoinGecko

According to some online crypto players, the 27-year-old Buterin may now be the youngest self-made billionaire in the cryptocurrency industry.

Amid rising prices, Buterin was generous with his cryptocurrencies. In late April, the Russian-Canadian programmer donated 100 Ether and 100 Maker (MKR) tokens to the COVID-19 Relief Fund for India.