🐱 YouTube co-founder Steve Chen is purring over his latest venture, a memecoin named after his beloved cat Pajamas. The project, inspired by the first-ever cat video uploaded to YouTube in 2005, is clawing its way through the Solana blockchain. Chen wasn't initially involved, but after being tagged by a horde of users, he decided to pounce on the opportunity. Despite the loss of the real Pajamas, the memecoin is alive and kicking with a market capitalization of over $20 million. It seems the crypto world has a soft spot for feline-inspired tokens, with CatCoin and Popcat also making waves. Purr-fect!