Why “Tiger King” Joe Exotic launched Solanamemme Coin from Behind the Bar

Why was Joe Maldonado Passage known as Joe Exotic of Virus Netflix Docusary, who will debut meme coins from prison earlier this week in Solana?

“I’m kneeling on my lawyer’s bill,” he said. Decryption In an interview, he argues that the efforts will benefit children through donations to a nonprofit organization called Operation Smile.

The 62-year-old, who lived behind the bar for seven years, did not fire his own meme coin. Instead, he said his lawyer helped him pull the “official Tiger King” off the ground.

Most celebrity meme coins will ultimately become a flash of bread. Their value often rests on people’s attention, which can quickly fade away. Others are harmed by insider trading claims. Exotic said he hopes his token will not be yet another example.

“I pray to God that they will make it rough and not ruin my reputation,” the former Wildlife Park owner said. “I want people to think this is legal and has a purpose.”

The celebrity meme coin reached a boiling point last year, where there’s nothing new, but names like Caitlyn Jenner, Jason Derulo and Cardi B are stepping into space. Haley Welch, also known as “Hawk Too Girl,” was one of those caught flat. Her coin, called Hawk, fell into a major failure after it collapsed. The spokesman said Decryption She said, “I was zero control over it.”

Exotic debuted with a lesser-known launchpad called Pumpkin.fun. According to the Crypto Data Provider, Meme Coin’s market capitalization initially surged to $900,000, but has since declined to over $100,000. Geckoterminal. There are a total of less than 900 holders per blockchain data.

The Exotic’s Meme Coin website does not refer to the project’s goal of donating funds to Smile’s operations. However, they say the token will be donated to the “Foundation to Support Tigers and Animal Health” when released from prison. On Friday, the Exotic account, formerly known as Twitter, said it had already donated $1,000 to the nonprofit.

Exotic says his lawyers have led the idea of ​​launching Memecoin as a way to showcase his commitment to charity. That’s why he’s free, he said, “Sit down here and watch people take drugs all day.”

Project’s Smile and Exotic lawyers did not respond to requests for comment from Decryption.

Exotic is currently being held at FMC Fort Worth, the Administrative Security Center. According to the US Federal Prisons Bureau, he uses his phone on a daily basis to connect with the outside world, keeping his fans up to date via podcasts and X-space.

As for Crypto, Exotic was able to absorb a lot, even learning from other prisoners. He is well versed in important terminology, but his actual experience is clearly limited.

“There’s not much to do all day, other than talking to someone who knows the shit,” he said. “I’ve done a lot from here, but I don’t even know how to set up a wallet.”

In 2021, Joe Exotic was resenting in federal prison in 21 years. Associated Press. He was convicted of a murderer’s employment plan against animal welfare activist Carol Baskin, killing five tigers, selling tiger cubs and forged records of wildlife.

Exotic maintains his innocence while pushing President Donald Trump against him for a pardon on social media.

In 2021, an unofficial meme coin called “Tiger King Coin” was also released. Exotic said he was entitled to receive 1% of that supply, but he didn’t find anyone behind the project. He fears that the coin could affect people’s perceptions of people who have just released it.

Founded in 1982, Operation Smile offers cleft lip and palate repair surgeries to children around the world. Exotic hopes that his memecoin will ultimately help advance that initiative.

“People really need to invest in it,” he said. “I want to fix 500 children (faces) and get it where I can pay my lawyer’s bill.”

Edited by Andrew Hayward