Ethereum Co-Founder Vitalik Buterin once again grabbed the attention of the cryptocurrency market by highlighting an altcoin as an exemplary investment opportunity. This time, Buterin chose to talk about the Ethereum Name Service (ENS), a decentralized altcoin that he had previously praised. As expected, Buterin’s endorsement had a significant impact on the price of ENS, causing it to surge by as much as 10%.
Buterin’s consistent support for ENS and his emphasis on its decentralized nature had previously sparked a notable increase in its value. This recent endorsement only served to further validate his belief in the altcoin’s potential.
Disclaimer: It’s important to note that the above information is not intended as financial advice and should not be taken as such.