Where did #MEME come from?
A story that is hard to believe... but impossible to ignore!
How it all started
On August 14, 2020, Jordan Lyall, then the face of DeFi at ConsenSys, published a sarcastic UI mockup of a project called The Degenerator, with the caption: "Launch your DeFi project in 5 minutes". As a joke — but within hours, someone deployed an ERC-20 token with the name and ticker #MEME .
The explosion of attention
The jargon of the crypto enthusiast community created a Telegram group and sent out an airdrop — 355.55 #MEME to the first participants. In just a moment, the price skyrocketed, and some holders considered selling, while many refused.
Recognizable symbol — pineapple.
The pineapple as a symbol of #MEME is not just a whim. It is a tribute to the early YAM project and a visual element of the original Degenerator mockup that caught on and became the emblem of the movement.
🎩 Irony?
A meme coin created as a joke became a real DeFi project with NFTs, a liquidity pool, and a true cult.
It is not just a token.
It is a virus embedded in the consciousness of the blockchain era.
It is satire that became legend.
It is a meme that outplayed the system.
