Anoncast Token Skyrockets 350% After Vitalik Buterin’s Purchase

Anoncast Token Skyrockets $36M Market Cap After Vitalik Buterin Buys In

The token value of Anoncast, a zero-knowledge program that enables users with at least 20,000 ANON tokens to publish anonymously on Farcaster, increased by 350%. Even though it has somewhat leveled off, it is still trading 190% higher than it was at this time yesterday. Onchain data revealed that Ethereum co-founder Vitalik Buterin’s wallet exchanged 0.082 ETH for 30,303 ANON on Wednesday night, which prompted this action.

A tracker that followed Buterin’s vitalik.eth address on Arkham Intelligence was able to trace the transaction. The market value of the ANON token increased to more than $36 million within hours after this transaction. With this exchange, Buterin also makes his first known token investment on Base, the Layer 2 network that Coinbase is incubating.

It must be so fun for Vitalik to get lost in a crowd again

the Anoncast

About Anoncast

Using zero-knowledge proofs, a cryptographic technique that permits verification without disclosing underlying information, users with at least 20,000 ANON tokens can publish anonymously on Farcaster using Super Anon (ANON), the native token of Anoncast. According to a backgrounder supplied by Toady Hawk, the inventor of The Noun Square, the initiative was sparked by an AI prompt on Farcaster that recommended generating an anonymous, autonomous token on Base using the $ANON ticker. Later, a decentralized community grew around the idea, which led to further innovations like the zero-knowledge proof uploading mechanism and the art project AnonColors.

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