Charles Hoskinson Torches $80M in Meme Tokens: Crypto Drama Unfolds! šŸ”„

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So, Charles Hoskinson, the Cardano guy, decided to set fire to 900 billion “Charles” tokens. Yes, you read that right. šŸ”„ Apparently, these tokens were created without his blessing, and he was not amused. Like, at all. šŸ˜¤

This whole saga unfolded during a live stream where he was casually showing off Cardanoā€™s Lace wallet. But, oops! He accidentally flashed his backup wallet, and the crypto vultures swooped in faster than you can say “moon lambo.” šŸš€

One of the tokens, cheekily named “Charles,” went viral overnight. It was worth millions, and Hoskinson found himself holding 900 billion of them. His reaction? “Nope, not interested.” šŸ™…ā€ā™‚ļø He declared them worthless, which, letā€™s be honest, is a bit of a buzzkill for anyone hoping to cash in.

Instead of ignoring the chaos, he decided to make a statement. With a script whipped up by his team, he sent all the tokens to a “burner” address, effectively turning them into digital ash. šŸ’»šŸ”„ The entire process was broadcast live, and he even joked about torching $80 million in value. “First time for everything,” he quipped. šŸ˜‚

All it cost him was 1.42 ADA, which is basically the crypto equivalent of pocket change. Hoskinson made it clear he wasnā€™t in it for the money but to show his commitment to the Cardano community. šŸ«”

At the end of the stream, he left the community with a stern warning: “Donā€™t do that again.” šŸšØ So, lesson learned? Maybe donā€™t mess with Charles Hoskinson unless you want your tokens to go up in flames. šŸ”„

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2025-01-31 21:56