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Len Sassaman’s cat Sasha joins the memecoin frenzy

Len Sassaman’s cat Sasha joins the memecoin frenzy

CryptopolitanCryptopolitan2024/10/06 16:00
By:By Randa Moses

Share link:In this post: Sasha Cat is a new memecoin launched on Solana, trying to capitalize on Len Sassaman’s fame. $Sasha , which launched after Len’s cat, increased by 1,226% while $Len on Ethereum crushed it with 28,573% in the green. The results of HBO’s documentary about the Bitconi mystery is expected to make the crypto market react in unpredictable ways.

After finding out about Len Sassaman’s cat Sasha, memecoin fans created Sasha Cat ($Sasha) on Solana. The coin was launched yesterday and has increased by 1,226% and amassed more than 11k members Telegram.

After HBO released a trailer for a documentary titled Money Electric: The Bitcoin Mystery, which investigates the real identity of Satoshi Nakamoto, rumors surfaced online that the documentary will conclude that Len Sassaman is the real creator of Bitcoin.

People started to research more about Len Sassaman . In fact, his name began trending on Google Trends and peaked on October 5th. His Twitter page is still up and filled with many posts, including pictures of his cat Sasha. 

Memecoin fans did not hold back and quickly created a new cat coin named after Len’s cat, Sasha Cat ($Sasha). The memecoin was launched yesterday on Solana and is available for trading on Raydium and Jupiter DEX. Currently, Sasha Cat has a community of 11,357 members on Telegram and a highly active Twitter page with more than 10,000 followers. 

According to DEX Tools, $Sasha has increased by 1,226% since its creation and now has more than 1,800 holders. At the time of writing, Sasha’s market cap is $1.15 million, and its fully diluted market cap (FDV) is $1.18 million. The coin has a total supply of 100 trillion, and all coins are in circulation. Sasha Cat is trading at a price of $0.00000000001173, with a 24-hour trading volume of $324K.

Sasha Cat is not the only memecoin

Sasha Cat isn’t the only memecoin issued to capitalize on the fame of Len Sassaman. According to CoinMarketCap, three tokens with the ticker LEN were issued on Solana and Ethereum. 

See also Coinbase to ban and delist non-EU-regulated stablecoins by the end of 2024

One of the LEN tokens issued on Ethereum was extremely successful. The memecoin is trading against WETH and has achieved a profit of 28,573%, just in the last 24 hours according to Dex Tools. The token has a total supply of 21 million coins just like Bitcoin and has a market cap of $892K.

Memecoins fans have also created another cat coin named Odin, claiming that it’s the name of Sassaman’s first cat. They claim his wife, Meredith L. Patterson, talked about Odin first in a blogpost. 

Many people have been communicating with Patterson on X. For example a user asked her to list the names of her pets while others asked for her Solana wallet address to send her donations. 
HBO will air the documentary on October 8th at 9 PM (ET). More than 23.5% voted on Polymarket that Len is the real creator of Bitcoin. If the documentary reveals that Len Sassaman is the real Satoshi Nakamoto, the crypto market will react in unpredictable ways. A user on X said that “if Len really is Satoshi $SASHA could reach $1B+.”

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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