Ethereum

2024

when

Coin

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In a surprising turn of events today, the price of meme cryptocurrency BITCOIN experienced an extraordinary surge, reaching almost 50%, following Ethereum founder&nbsp;<a href="https://x.com/digitalartchick/status/1752537883028730350?s=20" rel="noopener noreferrer nofollow">Vitalik Buterin</a>'s public apology. The unprecedented rise came after Buterin admitted to a misunderstanding in one of his essays, where he had previously referred to the meme coin as a scam attempting to impersonate the real&nbsp;<a href="https://u.today/1-million-bitcoin-btc-advocate-samson-mow-sends-crucial-message-to-community" rel="noopener noreferrer nofollow">Bitcoin</a>.
The controversy surrounding Buterin's remarks took an unexpected twist when a passionate crypto enthusiast reached out to him, shedding light on the true nature of the meme coin. Contrary to Buterin's initial assessment, the enthusiast clarified that BITCOIN is not a scam but a legitimate asset with its own dedicated community. As a testament to their commitment, the BITCOIN community shared heartwarming stories of their charitable endeavors, including the construction of wells in Nigeria and the provision of uniforms and equipment to children's soccer teams.
<blockquote>
 Fixed! <a href="https://t.co/zMCmhYNRMf" rel="noopener noreferrer nofollow">pic.twitter.com/zMCmhYNRMf</a>— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1753265285019361506?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 2, 2024</a>
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The community's efforts caught Buterin's attention, prompting him to reevaluate his stance on the meme coin. In a subsequent post,&nbsp;<a href="https://u.today/ethereums-vitalik-buterin-makes-hilarious-ai-joke" rel="noopener noreferrer nofollow">Buterin</a> not only corrected his earlier comments but also issued a formal apology for any confusion caused.
<h2 dir="ltr" id="what-is-bitcoin">What is BITCOIN?</h2>
BITCOIN, which first appeared on the crypto scene in May 2023, distinguishes itself by its lack of underlying technology, instead relying on the strength and unity of its community.&nbsp; <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="9321f713-5fc8-40d8-9061-aa74f529d4f1" src="https://u.today/sites/default/files/inline-images/bitcoin.png">BITCOIN to USD by <a href="https://coinmarketcap.com/currencies/harrypotterobamasonic10inu-eth/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
Despite its lengthy name, the meme coin aims to democratize ownership of a full-fledged BITCOIN, making it accessible to individuals during times when the original&nbsp;<a href="https://u.today/bitcoin-btc-price-just-recorded-this-bullish-pattern" rel="noopener noreferrer nofollow">Bitcoin's price</a> is prohibitively high for the average person.
As the crypto market continues to witness unexpected twists and turns, the BITCOIN community's resilience and Buterin's public reversal have undoubtedly fueled the remarkable surge in the meme coin's price.

Meme Coin BITCOIN Price Skyrockets After Vitalik Buterin Apologizes

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