Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Parody trader account receives memecoin gift that grew to nearly $1 million

Parody trader account receives memecoin gift that grew to nearly $1 million

The BlockThe Block2024/12/16 16:00
By:The Block

Quick Take Someone sent Richard E. Ptardio, a parody trader account, 700 million tokens of the memecoin PTARDIO on Tuesday.

Parody trader account receives memecoin gift that grew to nearly $1 million image 0

Richard E. Ptardio, a parody trader account, recevied a large supply of a memecoin bearing his likeness that ballooned to nearly $1 million in value.

Onchain data shows that someone sent Ptardio 700 million tokens of the memecoin PTARDIO, which appears to have originated from the memecoin launchpad Pump.fun, on Dec. 17. Ptardio shared screenshots of his PTARDIO holdings growing first to $54,000 , then to around $995,000 as the memecoin's price increased . PTARDIO's price rose to a height of $0.0068 before falling back down.

It's not uncommon for memecoin creators to send large portions of their supplies to either figures associated with the meme or well-known figures in the crypto space.

In October, Ethereum co-founder Vitalik Buterin received a batch of the memecoin MOODENG, inspired by the viral pygmy hippo of the same name, valued at $182,000 at the time. Buterin swapped MOODENG for ETH before giving it to a charity fighting airborne illnesses, noting that individuals should give memecoins directly to charity, The Block previously reported. He has done similar moves with previous memecoins.

Update: Clarified that the account is a parody.


0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

After bitcoin returns to $90,000, is Christmas or a Christmas crash coming next?

This Thanksgiving, we are grateful for bitcoin returning to $90,000.

BlockBeats2025/11/28 08:43
After bitcoin returns to $90,000, is Christmas or a Christmas crash coming next?

Bitcoin security reaches a historic high, but miner revenue drops to a historic low. Where will mining companies find new sources of income?

The current paradox of the Bitcoin network is particularly striking: while the protocol layer has never been more secure due to high hash power, the underlying mining industry is facing pressure from capital liquidation and consolidation.

区块链骑士2025/11/28 08:23
Bitcoin security reaches a historic high, but miner revenue drops to a historic low. Where will mining companies find new sources of income?

What are the privacy messaging apps Session and SimpleX donated by Vitalik?

Why did Vitalik take action? From content encryption to metadata privacy.

ForesightNews 速递2025/11/28 08:23
What are the privacy messaging apps Session and SimpleX donated by Vitalik?

The covert war escalates: Hyperliquid faces a "kamikaze" attack, but the real battle may have just begun

The attacker incurred a loss of 3 million in a "suicidal" attack, but may have achieved breakeven through external hedging. This appears more like a low-cost "stress test" targeting the protocol's defensive capabilities.

ForesightNews 速递2025/11/28 08:23
The covert war escalates: Hyperliquid faces a "kamikaze" attack, but the real battle may have just begun