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27-year-old Ethereum creator turned billionaire
Buterin co-founded Bitcoin Magazine, a publication that covers bitcoin and other cryptocurrencies, in 2012. In 2014, he was selected to be part of the Thiel Fellowship, a two-year program created by billionaire Peter Thiel who “Give $ 100,000 to young people.” who want to build new things instead of sitting in a classroom. “

He’s not very active on social media – surprisingly for a guy with 1.4 million followers on Twitter.

Ether (ELX) prices more than quadrupled in 2021, climbing 375%. Cryptocurrency is currently the second largest digital currency by market value – just under half of the market cap of Bitcoin (ARSC). The total value of all ethereum in circulation is now around $ 403 billion according to CoinMarketCap. An ether was priced at $ 3,482 on Tuesday.

Although investors buy and sell thousands of different cryptocurrencies – including dogecoin fueled by Elon Musk’s tweet – ether and bitcoin make up almost two-thirds of the entire global crypto market from $ 2.3 trillion.

Crypto enthusiasm exploded in April when the Coinbase trading platform went public for a value of $ 86 billion. Bitcoin hit an all-time high, followed by a wild rally of 500% in dogecoin, an asset that was created as a joke in 2013. Cryptocurrency backers have spent years insisting that ethereum, Bitcoin, and other digital coins could revolutionize the world of finance, and with the success of Coinbase’s debut on Wall Street, those backers are finally having their moment.
Part of Ethereum’s boom can be attributed to being the cryptocurrency of choice for purchasing many non-fungible tokens or NFTs – digital works of art and other items of collection that are transformed into unique and verifiable assets that are easy to trade on the blockchain.

– Paul R. La Monica of CNN Business contributed to this report.

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