Steve Chen, whose wealth is over $1 billion, has stated that he is presently investing as much as 100 hours per week into the Solana project.
A lot of people tagged the YouTube co-founder on social network X (formerly Twitter), which made Steve Chen change his mind about diving into memotoken-related topics, he claims.
Since its March release on the Solana network, the PAJAMAS memcoin has seen a 37% increase in value in the last 24 hours, according to data from the CoinGecko platform. That led to the coin's market cap going beyond $29 million.
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