Bitcoin (BTC) and the crypto market are recovering from last week’s blood, but Mimecoin Fever is alive and appears to have been issued three big tokens over the weekend.
BNB chain-based TST tokens were issued as memo coins by the blockchain community following a tutorial video on how to issue tokens, and $300 million as Binance founder Changpeng Zhao referenced the tokens in several X-posts. Zoomed to market capitalization. Sunday’s coveted Binance list.
Zhao, who played a formal role in the company last year, said on Sunday that he was not against Memecoin, saying that the “fun” element of that category is appealing to short-term traders.
“It’s hard to guess what’s clear and concrete worth, they maintain clear values,” Zhao said. “This is certainly a challenge for RWA. Memes are fun and more. It’s cultural. I’m not an expert in this field. There are a lot of stubborn advocates for memes. Don’t oppose the community. ”
TST was listed in Binance. Some thoughts:
1. CZ describes it as “fundamental,” and then talks about how the Test Coin has become a meme coin.
I posted to make it clear that TST is not supported by me/us. This was just a test token used in the video tutorial. But all the description posts made it more viral…
– CZ🔶BNB (@CZ_BINANCE) February 9, 2025
Barstool’s Portnoy buys “Jailstool”
Barstool Sports’ influential founder David Portnoy jumped into Memecoin Fray on Friday with a coin called “Montoya Por Fave” and was inspired by contestants from Spanish reality show La Isla de Las Tentaciones .
Portnoy told 3.5 million X-followers that he’s “a billion increase” in his first foray into meme tokens, before he plunges to the $1 million cap within a few, the coin is on the way. Time helps to surge to a market capitalization of $14 million at peak times.
He now aimed at Josh Allen’s MVP coin and said, “Buy at your own risk. I just bought it. I’m going to sell it. I won’t buy anything that I can’t lose. “You should do that coin too, hitting a market capitalization of over $12 million before plunging into capitalization of less than $100,000.
X’s market watcher accused him of leading his large follow-up to the pump and dump scheme. However, Portnoy defended his deal, asserted transparency and humorously questioned whether his actions could put him in prison.
Someone then issued a prison token. This nodded to Portnoy’s tweet. Portnoy bought and promoted his followers.
“I might eventually throw it away, but I’ll let all your right losers get each other to throw away first. So don’t put in more than you can lose.” He said.
Jailstool surged at a peak of $1.2 million to over $200 million, winning the US-based Kraken spot list on Sunday. Monday Asian afternoon trades at 8 cents at a market capitalization of $78 million.
Hey, Cryptography Brother Anyone who made this coin is funny and I would like to collect it as a memory of your complaint crying like a little baby. I might eventually throw it away, but I’ll let all your right losers throw each other out first. So don’t put in more than you can lose. These hobbies…pic.twitter.com/qpp8xpg5wi
– Dave Portnoy (@stoolpresidente) February 8, 2025
Questions grow as the president of the Central African Republic issues tokens
It’s where the meme frenzy becomes wild. The entire African country has decided to take part in the fun as it appears that the Central African Republic issued a Memecoin for cars over the weekend.
The automobile was launched on a promise to support national development and place one of the poorest countries “on the world stage,” the president said in X. GDP of $2.6 billion.
Today we are launching $CAR. This is an experiment designed to show that something simple like memes can unite people, support national development, and place the Central African Republic on the world stage in a unique way.
Contract: 7obydehv4gkxc19zfgavxpjwp2rn9pm1bx2cvnxfpump
– Faustin-Archange Touadéra (@fa_touadera) February 9, 2025
“As the second president of the world, I have adopted Bitcoin as fiat currency, so I have always been aware of the potential of crypto and the benefits on a global scale,” says Fautin Artinji Tuadella. He said he is linking to the website.
However, there is doubt about the car issue, and the site’s domain provider defeated it late on Sunday, with some X users claiming Touadéra’s video being deep.
Solana’s decentralized Exchange Jupiter said early on Monday it reached out to the car’s representation for further validity of the token and formal connections with the country.
OK, it appears they are in contact with the team that deployed the coins, and you can check out many OnChain TXNS live.
This includes:
– Make your first cancelable contract redo
– Track key deployer TXNS from mint to lock
– Send to burns… https://t.co/s01ovymmee– Meow (🐱, 🐐) (@weremeow) February 10, 2025
Jupiter said that he was able to verify the token deployer using the Onchain transaction, but as of the Asian afternoon, further confirmation and precise relationship with the President’s office are pending.