In summary
- Vitalik Buterin exchanged 0.082 ETH for 30,303 ANON, driving the token up as much as 350%.
- ANON’s market capitalization surpassed $36 million following the Buterin trade at Base.
- Anoncast reduced the anonymous posting requirement from 20,000 to 15,000 ANON tokens.
Anoncast, a zero-knowledge application that allows users who own at least 20,000 ANON tokens to make anonymous posts on Farcaster, saw its token rise by 350%. It has since stabilized a bit, but is still trading 190% higher than this time yesterday.
This happened after onchain data showed Ethereum co-founder Vitalik Buterin’s wallet exchanging 0.082 ETH for 30,303 ANON on Wednesday night.
The transaction was traced from a tracker that followed Buterin’s vitalik.eth address at Arkham Intelligence. Hours after this transaction, ANON’s market capitalization increased to over $36 million.
This exchange also marks Buterin’s first known investment in a token on Base, the layer 2 network incubated by Coinbase.
“It must be really fun for Vitalik to get lost in the crowd again,” said the anoncast Twitter account commenting on the Buterin exchange.
What is ANON?
Super Anon (ANON) is the native token of Anoncast, an application that allows users who hold at least 20,000 ANON tokens to make anonymous posts on Farcaster using zero-knowledge proofs, a cryptographic method that allows verification without revealing underlying information.
The project apparently arose from an AI tip at Farcaster that proposed creating an anonymous, autonomous token on Base using the $ANON ticker, according to a whitepaper shared by The Noun Square founder Toady Hawk.
A decentralized community subsequently formed around the concept, leading to additional developments, including an art project called AnonColors and the zero-knowledge proof publishing system.
At the time of writing, Anoncast has reduced the requirement from 20,000 to 15,000 for anonymous posts.
Beyond basic posting capabilities, users who hold 1 million ANON can boost posts on Twitter and remove content. The token saw a surge in adoption after being featured by prominent Farcaster developers and receiving integration support from the protocol’s developers.
Human anonymity and AI efficiency
Dan Romero, co-founder of Farcaster, described Anoncast as a “consumer zk app” and credited Kartik Patel as the developer. Patel previously worked as Head of Engineering at manifold.xyz and Head of Protocol at OpenSea.
The app’s Twitter account also describes itself as an “experimental arena” where “human collective intelligence competes with AI agents.”
According to data from DEXScreener, the token’s trading volume jumped from 105,000 to 5.6 million within an hour after Buterin’s exchange. At the time of writing, the token is priced at $0.05 each, jumping from $0.009, representing approximately 455%.
Edited by Stacy Elliott.
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