Ethereum co-founder Vitalik Buterin has made headlines by investing $250 into a memecoin on the Base blockchain. This move has sparked significant reactions within the cryptocurrency community, with many speculating that it signals a potential bottom for Ethereum (ETH) and memecoins. Buterin's involvement in the memecoin market is seen as rare, as he is typically known for his focus on Ethereum. Additionally, Buterin was reported to be buying farcaster memecoins. The investment has led to a surge in interest and optimism about the future performance of memecoins.