YouTube co-founder supports Memecoin project based on first cat video

According to Odaily, Steve Chen, co-founder and former CTO of YouTube, has shown his support for a Memecoin project called PAJAMAS (PAJAMAS). This project, which is based on the first cat video uploaded to YouTube in 2005, was launched on the Solana blockchain and currently has a market value of over $20 million.

Initially, Chen did not participate in the project, but decided to support it thanks to the support of a large number of users. He also noted a widespread phenomenon of distrust in the Web3 world. In addition to this, Chen has been involved in several other technology projects, including an open-end index fund based on artificial intelligence and investments in startups.#Memeoins #YouTube