Key Takeaways
CALICOIN, a meme token based on the Solana blockchain, achieved a market capitalization of $30 million within hours of its launch.
The token was created by Nathan Copeland, a pioneer in brain-computer interface technology and renowned for his work in digital art and BCI research.
According to data from GeckoTerminal, CaliCoin (CALICOIN), a new meme token based on the Solana blockchain and created by a pioneer in brain-computer interface technology, reached a market capitalization of $30 million within two hours of its launch.
Nathan Copeland, the creator of CaliCoin, has been living with quadriplegia since a car accident in 2004. This life-altering event led him to become involved in research on brain-computer interfaces (BCI).
In a statement on the project’s official website, the 38-year-old creator of CALICOIN shared that he has the longest history of BCI implantation, with a decade of experience at the University of Pittsburgh. He has four micro-electrode arrays implanted in his brain, allowing him to control a robotic arm and receive sensory feedback.
Copeland has utilized BCI technology to perform various computer tasks, including creating digital art and playing video games such as Pac-Man and Sonic the Hedgehog. He has also expanded his pursuits in digital art by creating and selling NFT artwork.
Last July, Tether CEO Paolo Ardoino stated that he received artwork made by Copeland using his BCI. This groundbreaking achievement demonstrates new possibilities for individuals with disabilities to interact with the world.
Today I was gifted an artwork made by Nathan Copeland @BCIcanDoBetter, controlling directly a computer with his brain thoughts, using a BCI (brain-computer-interface) implant with @BlackrockNeuro_’s technology. Nathan’s implant was performed almost 10 years ago, highlighting… pic.twitter.com/AtNl58fzIV
— Paolo Ardoino (@paoloardoino) June 29, 2024
In a video posted on Nathan Copeland’s official YouTube channel on Tuesday evening, he appears to demonstrate the creation of the CaliCoin token using his BCI, interacting directly with the computer and the Pump.fun platform.
In a video posted on his official YouTube channel on Tuesday evening, Nathan Copeland demonstrates the creation of the CaliCoin token.
The token launch has garnered significant attention from members of the cryptocurrency community and notable figures. Alon Cohen, co-founder of Pump.fun, commented on Copeland’s post, describing it as “an inspiring story.”
Despite the intriguing narrative surrounding the CaliCoin meme token, some members caution that the current conditions of the crypto market are unfavorable.
CALICOIN initially saw a rise in its market capitalization, then dipped to $12 million before reaching $16 million at the time of reporting. According to GeckoTerminal, trading volume exceeded $100 million in less than three hours.
