The founder of Cardano, Charles Hoskinson, has inspired yet another meme coin within the Cardano ecosystem. The token, called Official Charles Meme Coin (CHARLES), was created by a community figure and 90% of the token supply was sent to Hoskinson to generate attention around it. Since its launch, CHARLES has surged nearly 2,000,000% and has a market cap of $2.96 million. Hoskinson's 90% stake is currently worth $29.7 million. The release of the meme coin has sparked a humorous response from Hoskinson and the community. It remains to be seen if the Hoskinson-inspired meme coin will gain significant attention or become a disappointment for speculators.



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