Ethereum co-founder Vitalik Buterin sold two memecoins: LEDOG for 5,204 ETH and 50.54 billion ESTEE for 116,306 USDC. Contrary to expectations, both coins saw price increases post-sale, with ESTEE rising over 200% and DOG over 50%, despite his history of using such transactions for charity. - source
Ignorance is not a strategy.