Charles Hoskinson Declines $3M for Pet Pig Nike – Cardano founder turns down massive offer, calling Nike "priceless"

By ignoring the $3M offer, Hoskinson has not only sparked viral buzz but also birthed a new memecoin called NIKE.

Cardano founder Charles Hoskinson has revealed that he was recently offered a massive sum of $3 million for his pet pig, Nike, but he quickly shot down the offer, adding that the pig is "priceless."

During a recent Ask Me Anything (AMA) session, Hoskinson shared the funny story with his audience. It all began when someone in the chat expressed interest in buying the pig for $1 million, to which another community member joked that they would pay $2 million.

As the bids kept rolling in, the amount reached $3 million, at which point Hoskinson himself joined the conversation, saying, "They tried to buy Nike for $3,000,000. I didn't sell the pig. He's a priceless pig. He's still a good pig."

The clip quickly went viral, sparking laughs and warmth among members of the crypto community who enjoyed seeing Charles’s personality and the kind of quirky, human moments that can unexpectedly influence the crypto world.

One funny tweet, and a new token is born.

According to reports, the NIKE memecoin was launched in June 2024 by the Cardano community after Charles shared a funny post on Twitter.

The memecoin quickly hit nearly $1 million in market cap in just 12 hours of trading.

The report further stated that the token is currently trading at $0.003131 with a 24-hour trading volume of over $1.5 million.

It is important to note that Charles was also surprised by the news, as he posted, "I’m at a loss that a picture of my pig has resulted in a memecoin that is nearly at a million dollars in under 12 hours."

This was just another incident in the crypto space that shows how memecoins can be as wild and unpredictable. It was a fun token that had a fair launch, with no tokens set aside for insiders. Their roadmap includes NFT staking, DAO voting and a pig-themed game called BomberPig.

Charles’ NIKE pig coin has joined other viral meme tokens like Iggy Azalea’s $MOTHER and Andrew Tate’s $DADDY.