Altcoin Surges Following Ethereum Co-Founder Mention

Co-founder of Ethereum Vitalik Buterin, who has been pumping altcoin prices with hisĀ holdings, has recently talked down altcoins...

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Ethereum co-founder Vitalik Buterin, who previously pumped altcoin prices with his statements and altcoin holdings, has recently shared his thoughts on a privacy-focused altcoin named Zcash.

The Ethereum (ETH) co-founder Vitalik Buterin, who has recently been influencing the price of altcoins with his statements and altcoin holdings, is at it again.

In his latest Medium post, Buterin shared his thoughts on the privacy-focused altcoin Zcash (ZEC), unsurprisingly causing the price of ZEC to increase shortly after.

The post by Buterin was in response to a question that another Medium user had asked him yesterday, when he had asked Buterin about Zcash.

Vitalik Buterin seemingly liked the question and replied:

As usual, the post from Buterin has caused a pump in ZEC as the price of the token rose from $23.3 to $24.3 within the hour. It is currently trading at $23.73, representing a 3.25% increase in the past 24 hours.