A video of Vitalik Buterin, the founder of Ethereum, kneeling in front of a robot and saying ‘meow’ has gone viral online. This video has sparked various reactions within the digital currency community. Some crypto influencers have jokingly responded to this video, while others have expressed concerns about the dependency of their investments on Buterin’s behaviors. Meanwhile, the relative value of Ether compared to Bitcoin has reached its lowest level in the past five years. The price of Ether was $1841 at the time of this news release, showing a 13.34% decrease from the previous month. Some traders see this price drop as a buying opportunity, but critics believe that Ether’s declining appeal is due to the devaluation of the main network by layer 2 solutions and the community’s lack of resistance to excessive token inflation.
