Satoshi Nakamoto, the mysterious creator of Bitcoin, has received an unexpected gift - 90% of the holdings of a meme coin project called Pups Token (PUPS). The team behind PUPS meant to "sacrifice" an Ordinal (a digital artifact) but accidentally sent the funds to Satoshi's address instead. This means the funds, worth around $7,000, are now inaccessible.
This incident highlights the importance of being cautious with transactions, as many are irreversible. Despite this blunder, the remaining PUPS tokens might gain value over time. The project might survive this mistake, but it serves as a reminder to be careful with transactions.
Meme coin projects often give gifts to leaders in the ecosystem, following the example set by Shiba Inu (SHIB), which gifted Ethereum co-founder Vitalik Buterin a significant portion of its circulation supply. However, in this case, the gesture was accidental, and the funds are now locked away in Satoshi's address.
