Ethereum founder Vitalik Buterin has just given up the number 2 top crypto spot to Dogecoin, the world’s first and largest meme-based cryptocurrency. Buterin has stated that Dogecoin deserves to be ranked right after Bitcoin (BTC), underscoring the meme coin’s significance in the crypto space and unique cultural impact. 

Buterin Ranks Dogecoin As Top 2 Cryptocurrency

Teslaran, a crypto community member on X (formerly Twitter), recently released a video featuring Buterin in an exclusive interview. During the interview, the Ethereum founder surprisingly endorsed Dogecoin, declaring that it deserves to be ranked second after Bitcoin as the most prominent cryptocurrency.

This unexpected endorsement captured the attention of the crypto market, particularly because Ethereum has consistently held its position as the second-largest cryptocurrency after Bitcoin. As the first major cryptocurrency launched after Bitcoin, Ethereum is often regarded as the world’s leading altcoin with the second largest market capitalization. 

Ethereum was founded by Buterin in 2013 and went live in 2015. On the other hand, Dogecoin was created as a light joke in 2013 by software Engineers Billy Markus and Jackson Palmer.  

As a meme coin, DOGE’s utilityDogecoin’s utility is already lacking compared to Ethereum’s. However, the meme-based cryptocurrency has garnered significant attention and support due to its

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Author: Scott Matherson