Vitalik Buterin 4D Chess moves that obliterated meme-tokens and helped India fight COVID 19

Maybe you all have read it. Dogecoin, meme-token spin-off sent part of their token supply to Vitalik Buterin's wallet in ingenious marketing and PR stunt that would hype their tokens and pump their price. This included tokens like Shiba Inu (SHIB), a self-anointed dogecoin killer token, Dogelon (another meme token riding the hype of Elon Musk hyping Dogecoin), and Akita Inu (AKITA) another dog-meme token.

Their reasoning was their actions were a burning mechanism to indicate their legitimacy and seriousness. Their bet was that Vitalik, being one of the most revered figures in the crypto-verse and the creator of Ethereum would never offload them. They gambled on his personality and moral compass as a leading figure and role-model to many crypto-developers and investors.

At the same time, in India the government is discussing options of banning and/or regulating cryptocurrencies. It is a tough decision that is being deliberated for months now. The Cryptocurrency Act, to be voted in the Indian parliament will be curtailing the population's access in the country to cryptocurrencies. Until now, not much is certain on which aspects (mining, trading, etc) will be completely banned or regulated and whether the central government will be imposing a blanket ban or will it be the banks those to take the appropriate measures.

India is also battling the worst global wave of COVID-19 now. It is a total catastrophe for the second most populous country in the world. Oxygen is in short supply in hospitals, the beds are not enough, facilities are overflowing, and the health-care system has collapsed resembling an apocalyptic image. The number of daily infections has surpassed 350,000 people while that of daily deaths is over 4,000.

Here comes Vitalik

Sending all these meme/shitcoins to Vitalik's wallet put the person behind Ethereum into a hotspot. There is no easy way out of it and your image is being used to legitimize worthless projects aiming to work as pump-and-dump schemes.

Some of these meme coins are an easy cash-grab that will burn newcomers and people who did not do the adequate research before buying into them.

Personally, apart from the meme aspect, I think the pumping through social media (Tik Tok, Instagram etc) of such coins with no use case, is detrimental to the crypto-ecosystem and the numerous serious projects that are doing an amazing work.

In a *4-D Chess* move Vitalik dumped the memecoins, by removing his liquidity from [Uniswap](https://etherscan.io/tx/0x71e50404da3110e00eff2e6b33c162959507059cf7bbc1841130fe9c13171978) and donating 50 trillion SHIB to the India Covid Relief Fund founded by Polygon founder Sandeep Nailwal. He also sent $431 millions worth of Akita to public Ethereum-based platform Gitcoin, and to the profit from other meme tokens to Give Well charity. His actions sent the price of the various meme-coins plummeting from 40% to 90%.

Thus, with an ingenious move Vitalik:

1. Pulled the rug on the meme-coin spin-offs that had caused a spike in the fees of the Ethereum network and were capitalizing on his name.

2. Put into question the India government's plan to ban crypto.

3. Used his crypto-wealth for charity and help battling one of the worst pandemics that has hit our planet and India in the modern times.

4. Restored faith that crypto is and can be used as a force for good.

Vitalik you are a mad genius and no-one can blame you for pulling the rug on them, especially with your status and by donating the proceedings into Charity!