@RichardPtardio, a parody account on X, donated $69,000 value of cryptocurrency to a worldwide kids’s charity after receiving a lot of memecoins named after the account, Richard Ptardio (PTARDIO).
On December 17, the parody account introduced he had been despatched 700 million PTARDIO tokens, created utilizing Pump.enjoyable. Initially value $53,250, the tokens rapidly surged by over 1,700%, reaching practically $1 million in worth inside hours.
It is not uncommon for memecoin creators to ship massive quantities of tokens to people who encourage their creations. Nevertheless, the choice to make use of the proceeds for charity was broadly appreciated.
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The PTARDIO tokens, created solely 20 hours earlier, reached a peak market worth of $4.75 million earlier than falling to $258,000.
The parody account clarified on X that he had no involvement within the token’s creation and didn’t endorse the venture. He famous:
Mentioned this matter over luncheon with Mrs. Ptardio, and we’re in settlement: whoever created this coin did so completely with out my data or consent.
He then acknowledged his intention to promote the tokens and donate the proceeds. True to his phrase, he contributed 313.4 Solana
$216.78
, valued at $69,000, to Save the Youngsters, a charity supporting training and healthcare for kids worldwide.
@RichardPtardio represents a former dealer with 35 years of expertise in London, Hong Kong, and New York. Since becoming a member of X in mid-September, it has shared insights and commentary on the cryptocurrency market.
Whereas a parody X account donates an sudden memecoin switch to charity, Justin Solar’s current $30 million funding has revitalized Donald Trump’s crypto venture, World Liberty Monetary. What is the purpose behind Solar’s funding? Learn the total story.
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