🚀 YouTube co-founder Steve Chen is backing a memecoin called Pajamas (PAJAMAS), inspired by one of the first cat videos uploaded on YouTube in 2005. 😺 Chen, with a net worth of over $1 billion, is putting in 80-100 hours a week to support the project, available on the Solana blockchain. Despite the risks, he's diving headfirst into the Web3 world, citing a "complete emptiness of trust everyone has for everyone else." Pajamas, the cat and the coin, are both making waves. The coin had a market cap of over $20m at launch. Got thoughts? Share below! 💭 #CryptoNews #MemeCoin