Coinspeaker Who Is Len Sassaman and Why Is He Getting Meme Coin Treatment?
Len Sassaman-themed memecoins are making many waves on the Solana, Ethereum, and Bitcoin networks. This comes at a time of intense anticipation concerning the upcoming HBO documentary that will reveal who the creator of Bitcoin BTC $62 830 24h volatility: 1.3% Market cap: $1.24 T Vol. 24h: $23.73 B is.
Filmmaker Cullen Hoback announced a few days ago that the documentary âMoney Electric: The Bitcoin Mysteryâ is set to premiere this week.
Coincidentally, many consider Leonard Harris âLenâ Sassaman, the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Notably, Polymarket bettors are championing this narrative. Other prominent Bitcoin figures on which Polymarket gamblers have placed bets are Hal Finney, Adam Back, Nick Szabo, and Paul Le Roux.
Getting to Know Len Sassaman
Len Sassaman is an American cryptographer from Pennsylvania. In his teen years, he moved to San Francisco, where he became a regular in the cypherpunk community. This was a computer privacy movement that started in the late 1980s. Sassaman later went on to study under David Chaums, who is widely referred to as the godfather of crypto.
After suffering from depression as a teenager, Sassaman died of suicide at the age of 31. A tribute to Sassaman was encoded into Block 138725 of the Bitcoin blockchain. Before his demise, the cyberpunk worked on projects like the Pretty Good Privacy (PGP) software and its update, GNU Privacy Guard.
The SaaS startup Osogato was the brainchild of the cryptographer and his computer scientist wife, Meredith Patterson. The speculation about his connection with Satoshi Nakamoto stems from the proximity between his death and the disappearance of the Bitcoin creator.
Sassaman died on July 3, 2011, while Nakamoto sent his final email to the Bitcoin community on April 13, 2011.
Traders Launch Meme Coins Linked to Len Sassaman
This past week, traders have issued Solana and Ethereum-based LEN tokens. The hype has sent the market capitalization of the altcoins to new levels. An example is the four-month-old LEN token claiming to be the first issued on Solana. This token recorded a price boost, sending its market cap to $1.6 million.
Still exploiting the situation surrounding the Bitcoin creatorâs identity, these traders created meme coins around Len Sassamanâs cat Sasha. Noteworthy, Solana and Ethereum-based SASHA token saw its market cap cross $5 million this past week. ODIN, believed to be Sassamanâs first cat, also received some attention.
A few crypto community members believe the meme coin bets on these Sassaman-themed altcoins are likely an underpriced market opportunity. Crypto X user @ariesyuangga stated that if the HBO documentary is eventually released and Sassaman is named Satoshi Nakamoto, then âevery crypto mfers and every big media will say/write its name and talk about him.â
The broader crypto ecosystem is just two days from discovering who HBO will name Satoshi Nakamoto. The debut of the HBO documentaryâ Money Electric: The Bitcoin Mysteryâ is scheduled to air on October 8. Polymarket data shows Sassaman is leading the other listed supposed Satoshi Nakamoto candidates at 41%.
Finny, Back, and Szabo have 3%, 10% and 4% odds respectively.
next
Who Is Len Sassaman and Why Is He Getting Meme Coin Treatment?