abstract
- Nameless crypto commentator @DeepDishEnjoyer, identified on-line as “Peepee Poopoo,” accused individuals of minting meme cash based mostly on personas and utilizing them to defraud one another in a March 24 submit that went viral with 50,500 views, 582 likes, and 19 retweets.
- The account, a self-proclaimed macro bear with 40,100 followers and a Boston, Massachusetts-based Substack, beforehand created a joke token referred to as $THATSIT that explicitly advised everybody it was value $0, solely to see its market cap rise to $2.6 million after a Chinese language dealer mistook it for a man-made intelligence coin.
- There are at the moment a number of “peepeepoopoo” branded tokens on pump.enjoyable, with not less than one PP variant reaching a market cap of $7,400 in lower than 24 hours, demonstrating how the platform’s clean token creation continues to gas cycles of persona-based hypothesis and fraud.
An nameless crypto commentator who goes by “Peepee Pawpoo” on X sparked a wave of black humor and real frustration on Crypto Twitter on March 24 after posting that strangers have been minting meme cash from their on-line identities and utilizing them to rip-off one another, with out the account’s personal involvement or consent. “They made shitty cash out of me and are scamming one another with it,” wrote @DeepDishEnjoyer, whose submit racked up 50,500 views inside hours of being revealed.
This submit struck a nerve as a result of the individual behind it isn’t a star or a key determine in Protocol. They’re pseudonymous self-proclaimed “globalist” macroskeptics from Boston, Massachusetts-based Substack. The account, which has 40,100 followers and a persona constructed round bear market feedback, was not actively selling the token. Within the reply thread, @DeepDishEnjoyer deadpanned their position within the crypto debate. “I’m a Jerome Powell-type man who’s attempting to weaken the market by his personal steering, and the crypto bulls are very indignant with me for that.”
You may additionally like: Zcash worth rises above $235 with privateness rotation and $25 million ZODL funding spherical
The irony runs deeper. The account beforehand created a joke token beneath the ticker $THATSIT, explicitly warning followers, “I advised everybody to not purchase as a result of it is value $0.” Regardless of this disclaimer, the token was found by a Chinese language dealer who apparently famous that its creator interacted with distinguished accounts within the synthetic intelligence area and bought the token beneath the belief that it was an AI-related mission. $THATSIT reached a market cap of $2.6 million earlier than collapsing.
The dynamic round @DeepDishEnjoyer shouldn’t be remoted. Celeb persona tokens have been a recurring function of the pump.enjoyable ecosystem, from Caitlyn Jenner’s JENNER token, which briefly reached a market cap of $20 million earlier than the developer parted methods with all its holdings, to a wave of influencer-adjacent cash on an more and more predictable arc of hype, pump, and lag. The “Beep Paw Poo” state of affairs is characterised by the unique account actively mocking the method in actual time, broadcasting its personal hurt from a place of full indifference.
At the moment, a number of tokens branded “peepeepoopoo” are circulating on pump.enjoyable and PumpSwap, together with one PP variant that reached a market cap of $7,400 with a 24-hour return of 149.76% on the time of writing, and a PPPP variant that was beforehand listed on CoinGecko and has a market cap of roughly $47,000. Neither is affiliated with @DeepDishEnjoyer.
The broader context is necessary. Pump.enjoyable permits anybody to create Solana tokens for lower than $2. There is no such thing as a mechanism to confirm your id or stop you from deploying cash beneath another person’s title, likeness, or on-line persona. This structural actuality is what makes @DeepDishEnjoyer’s criticism so fascinating and illustrative. Platforms are consent agnostic. “A minimum of nobody with a soul shall be harm,” the account wrote in a follow-up reply, an acknowledgment that the individuals shopping for these cash are doubtless not sympathetic victims.
Solana (SOL) is at the moment buying and selling at $92.17, a rise of three.29% over the previous 24 hours.
learn extra: Prime 10 Free Bitcoin Cloud Mining Websites in 2026: Earn Every day Passive Earnings With out Funding
Leave a Reply