Vitalik sold tokens again, triggering the rise of Meme coins. On August 5, he sold Nerio, which contributed to its market value rising to $700 million despite a 60% price plunge in the short term.

On October 5, Vitalik sold multiple Meme tokens, including MOODENG and KABOSU, causing MOODENG's market value to reach $10 million in a few minutes. He then donated some of the tokens he received to charity, further boosting the market performance of the related tokens.

According to analysis, Vitalik's selling behavior does seem to be related to the rise in token prices, especially after the Neiro incident, when the "Vitalik selling effect" became more obvious. Although there is no clear pattern to follow, investors who want to take advantage of this phenomenon are advised to focus on tokens with good liquidity.

The market value of the Meme tokens currently held by Vitalik varies, but they are usually not more than a few dozen ETH when they are sold, showing the market's sensitivity to this phenomenon.

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