Historic ETH Genesis Wallet Makes a Bold Move with $50K $EBULL Purchase
After securing 1,000 ETH during its ICO, the same Genesis wallet has now secured a bag of 50k worth of EBULL.
This week, an ETH genesis wallet bought 50,000 worth of $EBULL tokens, demonstrating strong confidence in the meme coin.
Ethereum Bull ($EBULL) token has come at a time when ETH is struggling and receiving industry backlash while the ETH blockchain continues to stand strong, being the face of innovation and decentralized finance.
$EBULL here is to remind everyone that “Ethereum is Good” by focusing on making meaningful contributions. The project embodies Ethereum co-founder Vitalik Buterin’s philanthropic efforts and so far has donated almost $100,000 to several charitable causes.
While $EBULL has been working for the betterment of society, it got a major investor in the form of an early Ethereum investor.
Just over the weekend, $EBULL was trading just under $0.00060 before a wallet came in to swoop a heavy bag of $EBULL tokens, sending the price to a new all-time high (ATH). The $EBULL price went as high as $0.00370, rallying more than 515% in a couple of days.
This wasn’t just any wallet but rather an ETH genesis wallet. The same wallet got its Ether during ETH’s initial coin offering (ICO) in 2015, when ETH was worth around a dollar. At that time, this Genesis wallet had a whopping 1,000 ETH.
While the wallet has been active in the past, it’s after more than eight years now that this particular wallet got active again, just to buy $50k EBULL in one clip.
This is certainly a big endorsement for $EBULL, which has been following in Buterin’s footsteps and making impactful donations to support hunger relief and Web3 education in developing countries.
With a market cap of $10.4 million, 4EBULL currently has 2.92K holders, with ETH genesis wallet being one of them. It simply doesn’t get better than that — a wallet that saw Ethereum’s potential before it got a Spot Ether ETF in the US and became central to billions of dollars in DeFi, NFTs, GameFi, and more, has now set its eyes on EBULL, which is preparing for its own adventurous future full of fun, innovation, and charity. This points to exciting things ahead for $EBULL!
About EBULL
$EBULL is a meme token bull posted and brought to life by Vitalik. It features the official bull of Ethereum and is developed based on Vitalik’s principles and beliefs about how memes should be. Moving ahead fast on the principles of ‘for the community, by the community,’ the token is all about good vibes, memes, and having a laugh while riding the market waves. In the future, the coin is slated for more, including some epic events and a couple of possible airdrops.
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
