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Multicoin Co-founder: Ethereum was my crypto gateway and initial source of wealth, reaching $100 billion market cap fastest in history, but I abandoned it in 2017

Summary: In a recent post on X platform, Kyle Samani, co-founder of Multicoin and president of SOL Treasury, revealed that Ethereum was his entry point into the crypto world and his initial source of wealth. However, at the Devcon3 conference in Cancun, Mexico in November 2017, he decided to abandon Ethereum. At that time, ETH had ...

In a recent post on X platform, Kyle Samani, co-founder of Multicoin and president of SOL Treasury, revealed that Ethereum was his entry point into the crypto world and his initial source of wealth. However, at the Devcon3 conference in Cancun, Mexico in November 2017, he decided to abandon Ethereum. At that time, ETH had become the fastest asset in human history to reach a $100 billion market cap, but gas fees were skyrocketing, indicating a need for rapid scalability and creating an unprecedented sense of urgency for Samani.

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