Vitalik Buterin, a prominent figure in the cryptocurrency world, transferred 100 Ethereum (ETH), valued at approximately $325,000, to Railgun, a privacy-focused decentralized finance (DeFi) protocol. This transaction led to a significant surge in Railgun's token ($RAIL), which increased by over 130% in value shortly after the transfer, with the price jumping more than 140% in a single day. Railgun is known for enabling private transactions within the Ethereum network. The $RAIL token's market cap reached $100 million, and the liquidity pool was at $2.9 million.
Crypto community members speculated on X regarding why Ethereum’s Vitalik Buterin deposited $330,000 in crypto into Railgun’s privacy protocol https://t.co/F0gzmcaXbj
🚨JUST IN: $RAIL OF @RAILGUN_PROJECT JUMPS 130% AFTER SUPPORT FROM @VITALIKBUTERIN
vitalek put 100 eth through railgun today... and then tweeted about it $RAIL broke $100mm like i said............. future attention 🧠 https://t.co/IJqOPNqXsK
Railgun price jumps more than 140% in a day following Vitalik Buterin's support https://t.co/JsoVX0IYfN
.@VitalikButerin transferred 100 $ETH ($325,000) to Railgun protocol. Railgun is an EVM privacy protocol. https://t.co/CyKS2t1kER https://t.co/kAxoDMsO1z
Wait, so obviously after this post railgun's $RAIL token skyrocketed 40%+ in 1 hour. Did the scope intern just pump a token with a $50M market cap and a $2.9M liquidity pool? 💀 Token: https://t.co/psQelJliZY https://t.co/LpXBfmgvzV https://t.co/bWkgELkd2R
Vitalik Buterin (vitalik.eth) transferred 100 ETH (approximately $325,000) to Railgun at 17:40 UTC+8 today. Railgun is a EVM privacy protocol that enables DeFi private transactions. Over the past six months, Vitalik Buterin has been interacting with the Railgun using small…
Vitalik just transferred 100 $ETH ($330K) to railgun @RAILGUN_Project, a private defi protocol. Address: https://t.co/Jbb6MnK5YR https://t.co/akrX7b44Qe
Can Vitalik tweet something bullish? This is truly our last hope.
thanks Vitalik