Cardano’s Hoskinson refuses $3 million offer for his “valuable” pet pig

Charles Hoskinson of Cardano declined an astonishing offer for his pet pig Nike, calling him “valuable” and refused to sell it.

Hoskinson refuses his pig Nike offer

During a recent AMA session, Hoskinson shared that his pig Nike was offered $3 million, but he declined it and called it a “valuable pig” and a “still good pig.”

The clip quickly went viral, burning laughter and love throughout the crypto community. It introduced not only pigs, but Charles’s personality and quirky, human moments that could have unexpectedly impacted the world of code. One interesting tweet and a new token have been born.

The rise of the Nike Coin

In June 2024, Cardano founder Charles Hoskinson casually posted a fun tweet featuring his pet pig Nike, and the internet did its best. Within hours, the post caused the birth of a Memecoin called Nike, which attracted a lot of attention in the Cardano community.

In just 12 hours, the token reached nearly $1 million in market capitalization. The rise of Nike sparked mixed reactions throughout the crypto world. Some saw it as fun and full of profitable possibilities, while others criticized how wild and speculative codes exist. It currently trades at $0.003,131, with a 24-hour trading volume of over $1.5 million.

Hoskinson was also surprised, as he posted, “I am at a loss as my pig’s photos brought nearly $1 million in Memecoin within 12 hours.”

MemeCoins: Wild, fun, unpredictable

This was another incident in the crypto space that showed Memecoin was more wild and unpredictable than ever before. It turned into a fun, completely community-driven project with fair launches, with no tokens reserved for insiders. Their roadmap includes NFT staking, DAO voting and a pig-themed game called Bomberpig.

Hoskinson’s Nike Pig Coin has also participated in other viral meme tokens, such as $Mother from Iggy Azalea and $Daddy from Andrew Tate.