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Home»ADOPTION NEWS»Receive millions of dollars worth of Poopcoins through airdrop from Doodles creator
ADOPTION NEWS

Receive millions of dollars worth of Poopcoins through airdrop from Doodles creator

By Crypto FlexsMarch 30, 20242 Mins Read
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Receive millions of dollars worth of Poopcoins through airdrop from Doodles creator
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Doodles co-founder Poopie, also known as Jordan Castro, launched a memecoin named Poopcoin (ticker $poop). Since its launch 10 hours ago, nearly $60 million worth of shit has already changed hands as of 6 PM ET at the time of publication, and while Memcoin’s market cap is around $7 million, that figure is It’s decreasing rapidly throughout the day.

Poopie announced the coin of He praised “a high-quality, fun project that does the same thing.” The world around them.”

Memecoins were airdropped to Doodles NFT holders and certain other early adopters, such as the person who created the original Doodle, even after selling the NFT. Memecoin, which Castro warned could be “worth less than zero, like a pile of fresh, steaming poop,” was created on Base, an Ethereum layer 2 network created by Coinbase.

Immediately after Poopie was announced, two wallets purchased more than 36% of the coin’s total supply, surpassing the 15% allocated to community members and early adopters, according to blockchain analytics firm Bubblemaps.

One wallet that purchased 23.5% of the coin supply still holds 20% across 95 wallets. So far, they have realized $450,000 in revenue, according to Bubblemaps data shared with The Block.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

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