Ethereum co-founder, Vitalik Buterin, recently expressed his dissatisfaction with the altcoins released by celebrities through the memetoken known as MOTHER. In response to a post by former Ark Invest analyst Chris Burniske, Buterin stated that he was not satisfied with the famous memecoins of this bull cycle so far. He believes that these altcoins should have a public good purpose, such as benefiting a celebrity’s favorite charity or serving as an art project. Additionally, Buterin suggests that these altcoins should have mechanics beyond just trading tokens, such as token voting DAOs. He also emphasizes the importance of these projects having solid foundations and lasting more than 10 years. Currently, MOTHER is experiencing a 17% increase in value and is being traded at $0.112. Buterin’s comments reflect his desire for celebrity crypto projects to have more substance and longevity.
