The 27-year-old founder of Ethereum earned US$1.1 billion. This can only be said to be a miracle created by the capital market. It is related to the efforts it has made, but the decisive factor is Not in itself because there are many creators of virtual currencies. Only a few can actually make so much money.
He had so much money when he was 27 years old. He founded Ethereum when he was 19 years old. Then the price of Ethereum has been rising rapidly recently. Ethereum is the successor to Bitcoin and Dogecoin. The price of the third largest virtual currency has increased significantly by 10 points. Because the current price of Ethereum is constantly rising, its own value has of course also risen. Because she is still the founder, he must be possessive and be a big one. This currency value has a considerable share, because it is something that was created by itself, so it will definitely have inventory on hand.
But do you think the current rise in virtual currency prices is due to the efforts of the founders? No, it is driven by the capital market, which means that the price of the virtual currency will rise in whichever large capital is concentrated now. The rise in the price of Bitcoin is not groundless, because when it rose from more than 40,000 US dollars to 61,000 US dollars , because Musk bought tens of billions of Bitcoins and announced that Tesla will support the use of Bitcoin to pay Dogecoin in the future. This is also the case now, because Amazon is gradually considering supporting the use of Dogecoin for payment.
It is all because large capital groups are concentrating on these virtual currencies, and then the prices of these virtual currencies rise rapidly. However, there are many virtual currencies, it is no exaggeration to say that there are hundreds, but Why are there only these three that really stand out? Because they were founded relatively early, and coupled with some coincidental factors, after the founder created this currency, which direction he is going to develop and how high it can rise is not simply influenced by him. Affected by market supply and demand.