A peculiar video featuring Ethereum’s co-founder, Vitalik Buterin, meowing at a robot has taken the internet by storm, with crypto enthusiasts trying to decipher its possible impact on Ethereum’s trajectory.
Buterin was seen squatting before a four-legged robot, making a “meow” sound, and then patting it on the head. This unusual interaction has sparked a flurry of comments and speculation within the crypto community.
Crypto influencer Wendy O humorously noted on her March 29 post that Ethereum’s future depends on Buterin’s whimsy. Phil Fogel, co-founder of Cork Protocol, shared the video, hilariously emphasizing how his professional and financial life is tied to Buterin’s actions.
Scott Crypto Warrior, a pseudonymous crypto trader, shared the video with his massive follower base, humorously urging them to “Pray for our ETH bags.” The video has elicited various reactions, with most of them linking the video to Ether’s price movements. As of now, Ethereum’s strength against Bitcoin is at a near five-year low.
One crypto commentator, The Count of Monte Crypto, expressed his concern over his investments being dependent on Buterin’s decisions. Another crypto trader, “sgp”, humorously pointed out the timing of Buterin’s antics, as Ethereum was experiencing negative 5% 1-minute candles.
Buterin has a history of entertaining the crypto community with his eccentricities. For instance, during Token2049 Singapore in September 2024, he humorously criticized some poor crypto anthems and even started singing on stage, to the amusement of the audience.
Ethereum, which had regained the $4,000 price level in December 2024, has since fallen nearly 55%. At present, Ether is trading at $1,841, a 13.34% decline over the past month, according to CoinMarketCap data.
Regardless of the current market conditions, crypto trader Alex Becker believes Ether below $2,000 presents a lucrative long-term buying opportunity. However, Nic Carter from Castle Island Ventures suggests that Ether’s diminishing appeal as an investment could be due to layer-2s siphoning value from the main network and lack of community pushback on excessive token creation.