Vitalik Buterin purchased 30,000 ANON Tokens, driving the token price up over 600%.

Vitalik Buterin, co-founder of Ethereum, initiated a transaction with his Wallet Address earlier today (21st), attracting attention from the community. Many speculate that he may be interested in the technology of the anonymous community platform Anoncast, which has driven the price of ANON coin to soar by over 600%.

Arkham tracking data shows that around 9:15 this morning, ‘V God’ used the address vitalik.eth to exchange 0.082 Ether (about $249.63) for 30,303 ANON Tokens.

Shortly afterwards, an analysis pointed out that Vitalik Buterin may have been attracted by Anoncast’s zero-knowledge (ZK) technology and wanted to post on the platform. Posting requires holding at least 30,000 ANON tokens, so he purchased these tokens.

According to CoinGecko market data, since Vitalik Buterin bought ANON Token, the price of the token has risen from 0.007918 USD to 0.05543 USD at the time of writing, an increase of over 600%.

According to the introduction, ANON is an anonymous social Token that combines ZK proof technology. It is created by anonymous users interacting with the AI Agent account @clanker in the Superanon account and the Farcaster ecosystem. Users need to hold a specific amount of ANON Tokens to use related functions, such as anonymous posting and community promotion.

However, shortly after Vitalik Buterin purchased ANON Token, Slokh, the developer of Anoncast, announced on Warpcast that the ‘post threshold drops by 50%’, from the original 30,000 ANON to 15,000 ANON.

〈Vitalik Buterin Address purchased 30,000 ANON Tokens, inspiring a price surge of over 600%〉This article was first published in “Block Client”.