A parody X account claiming to be a former trader has donated memecoins inspired by him to charity after the tokens he was given skyrocketed in value to nearly $1 million. The account, called Richard E. Ptardio, said it received 700 million Richard Ptardio (PTARDIO) tokens on Dec. 17, which were created through the Solana token creator Pump.fun, with a screenshot showing the holdings were worth $53,250 at the time.
Hours later, Ptardio shared another screenshot showing his PTARDIO holdings had gained 1,765% to be worth nearly $1 million. Ptardio then posted on X that the token’s creator “did so entirely without my knowledge or consent,” and he wanted to distance himself from the project. “I shall be selling my position and donating the entire proceeds to Save the Children.
A far better use of the funds,” they added. The value of the token had largely dropped, but Ptardio shared that he had donated 313.4 Solana (SOL) worth $69,000 to the charity that funds education, health and other programs for children worldwide.
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