The cryptocurrency market is known for its volatility and unpredictability, and one aspect of this is the emergence of “shitcoins” – digital tokens with little to no real-world value. Recently, there has been buzz surrounding Ethereum co-founder Vitalik Buterin’s decision to sell some of these tokens, sparking speculation and discussion within the crypto community.

Some have speculated that Buterin’s token sell-off was due to the bear market situation, while others believe he may have wanted to avoid these tokens counting as income on his tax sheet.

In his spree of early morning selling, Vitalik Buterin, co-founder of Ethereum, has unloaded several low-cap alt-coins, setting off a wave of criticism–many in meme form.