The founder of ETH became the youngest cryptocurrency billionaire
Vitalik Buterin is one of the founders of the popular cryptocurrency Ethereum (ETH). According to Forbes, at the age of 27, he became the youngest cryptocurrency billionaire. The day before, the price of Ethereum rose above the level of $3,000. Buterin has 333520 tokens in his cryptocurrency wallet. Their value reached 1 billion 90 million dollars. Since January 2020, Buterin's condition has increased 25-fold. The market capitalization of Ethereum reached $389 billion, which allows this altcoin to take the 2-nd place after Bitcoin, whose capitalization exceeded $1 trillion. Over the year, the capitalization of Ethereum increased by 325%. Ethereum is becoming more expensive due to the growing popularity of applications that can replace banks, as well as insurance companies. On Monday, it became known that the cryptocurrency market managed to send Apple Corporation to the second place in terms of capitalization. The figure reached $2.3 trillion. At the same time, the capitalization of the American company amounted to $2.1 trillion.