Cardano’s Charles Hoskinson Turns Down $3 Million Offer for His ‘Priceless’ Pig Nike That Sparked a Viral Memecoin

Crypto Memecoin Goes Viral After Pig Photo Sparks $3 Million Offer

Crypto entrepreneur Charles Hoskinson has recently caught the spotlight again—this time through his pet pig, Nike.

During a recent AMA session, Hoskinson revealed he turned down an astonishing $3 million bid for Nike, calling the animal “a priceless pig” and adding,

“He’s still a good pig.”

The comment quickly gained traction on social media, showing a lighter, more personal side of the Cardano founder that fans and critics alike found amusing.

How Did a Pig Become a $1 Million Memecoin?

The story of Nike the pig in crypto circles began back in June 2024, when Hoskinson posted a casual tweet featuring his beloved pet.

Almost instantly, the online community reacted by creating a memecoin named NIKE.

This token saw an unexpected surge, reaching nearly $1 million in market cap within just 12 hours.

Hoskinson himself admitted surprise, stating,

“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.”

The rapid rise of the NIKE token stirred mixed responses.

While many embraced the playful tribute and potential gains, others expressed concerns over how swiftly speculative assets can dominate the market.

What Makes Nike So Special to Hoskinson?

Despite the eye-watering offer, Hoskinson remains firm on not selling Nike, underlining the pig’s value beyond money.

His affection and unique personality shone through as he described Nike with warmth and humour, capturing attention well beyond the usual crypto chatter.

Memecoin Culture Continues to Shape Crypto Communities

Nike’s journey is another example of how memes and humour can influence crypto markets.

The memecoin’s impressive trading volume—over $1.5 million within 24 hours—reflects the ongoing appetite for quirky digital assets that emerge from unexpected places.

Hoskinson’s experience reveals the unpredictable nature of crypto culture, where even a pet pig can inspire a token that quickly climbs into the millions, blending fun, community spirit, and market action in an unusual mix.