Len Sassaman’s cat Sasha joins the memecoin frenzy

Source Cryptopolitan

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. 

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+.”

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: Can Gold Hold $4,020 as Fed Rate Hike Expectations Rise? As of the Asian session on July 30, gold prices ( XAUUSD) surged and then retraced following the Federal Reserve meeting, once falling to $4,028.62 during the session. From a market persp
Author  TradingKey
11 hours ago
As of the Asian session on July 30, gold prices ( XAUUSD) surged and then retraced following the Federal Reserve meeting, once falling to $4,028.62 during the session. From a market persp
placeholder
WTI falls below $83.00 despite hostilities in the Middle East West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.80 during the early Asian trading hours on Thursday. WTI falls amid some profit-taking despite escalating conflicts in the Middle East. 
Author  FXStreet
17 hours ago
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.80 during the early Asian trading hours on Thursday. WTI falls amid some profit-taking despite escalating conflicts in the Middle East. 
placeholder
SEC Chair Backs CLARITY Act as Crypto Rally Stalls and Bitcoin Stays Below $65,000 With the FOMC rate decision looming, the US SEC Chairman's support for the CLARITY Act has a very limited impact on the crypto market.On July 29, US SEC Chairman Paul Atkins voiced suppor
Author  TradingKey
Yesterday 10: 22
With the FOMC rate decision looming, the US SEC Chairman's support for the CLARITY Act has a very limited impact on the crypto market.On July 29, US SEC Chairman Paul Atkins voiced suppor
placeholder
WTI rebounds from two-week low, well bid around mid-$81.00s amid Iran risksWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – gains strong positive traction during the Asian session on Wednesday, snapping a three-day losing streak to an over two-week low touched the previous day.
Author  FXStreet
Yesterday 01: 18
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – gains strong positive traction during the Asian session on Wednesday, snapping a three-day losing streak to an over two-week low touched the previous day.
placeholder
Fed Decision Eve: 104 Economists Expect No Change; Why Is Citadel Securities Betting on a Surprise Hike?The Federal Reserve will announce its July interest rate decision on July 29, Eastern Time. The current target range for the federal funds rate remains at 3.5%-3.75%, but the suspense sur
Author  TradingKey
Jul 28, Tue
The Federal Reserve will announce its July interest rate decision on July 29, Eastern Time. The current target range for the federal funds rate remains at 3.5%-3.75%, but the suspense sur
goTop
quote