YouTube’s co-founder dives into the #memecoin🚀🚀🚀 craze! 🐱💸
🧑💻 Steve Chen, one of the brains behind #YouTube , is now backing a #Memecoins🤑🤑 inspired by the first cat video on the platform. Yes, you read that right. The coin, named $PAJAMAS, has a market cap of over $20 M! 🤯
🕒 In 2005, Chen uploaded a video of his cat, Pajamas, dancing to Nick Drake. Fast forward 20 years, and that feline star is now immortalized on the Solana blockchain. Chen's been pouring 80-100 hours a week into this project. Talk about dedication!
Chen wasn’t initially part of the memecoin's launch, but after being tagged by hundreds of users, he jumped on board. Alongside Pajamas, he's also exploring AI-based ETFs and investing in startups in Taiwan. 🌏
Sadly, Pajamas the cat has long since passed, but her legacy lives on. And in a twist of fate, Dogecoin’s icon Kabosu recently passed away too. Chen’s foray into Web3 has revealed a world full of mistrust, with daily attempts to scam him on #Telegram . 🕵️♂️
Stay paw-sitive, Steve! 🐾