The meme Cryptocurrency space is facing a mix of intellectual property disputes and a speculative frenzy, as community-driven projects like Neiro (CRYPTO:NEIRO) clash over the legitimacy of their tokens, while Fartcoin (CRYPTO:FARTCOIN), a token inspired by AI and memes, has skyrocketed to a market capitalization of $763.9 million.
What happened
Own The Doge DAO, the organization that owns the original intellectual property of Dogecoin (CRYPTO: DOGE), announced that it has acquired the rights to use Neiro’s image.
Neiro is the shiba inu that was adopted after the death of Kabosuthe iconic face of the Doge meme.
The DAO is hosting a community debate to determine which NEIRO themed token can officially use the dog’s image, as several Solana and Ethereum tokens have claimed their rights.
The announcement follows a surge of NEIRO tokens that emerged after the adoption of Neiro, with two projects even reaching hundreds of millions of dollars in market capitalization.
However, Kabosumamathe owner of Neiro, made it clear that he does not support any of these tokens, stating on
This battle over Neiro’s image reflects a larger trend in the cryptocurrency meme world: projects are starting to grapple with intellectual property rights.
Legal problems are already arising, as seen with PNUT (CRYPTO:PNUT), which is facing trademark infringement action over its mascot.
Now, NEIRO tokens will face similar risks unless consensus and clarity emerge.
You can also read: Cryptocurrency Market Outlook 2025: Key Trends According to Coinbase
Why is it important
As disputes continue over Doge’s spiritual successor, another token, Fartcoin, is stealing the show.
The Solana-based project recently reached a market capitalization of $763.9 million, boosted by a virality sparked by a Reddit post.
One user shared that her husband invested $175,000 in Fartcoin, humorously justifying his decision with the phrase “hot air is rising.”
The story spread quickly across platforms like Twitter, where discussions ranged from entertainment to skepticism.
Some users questioned the token’s valuation, while others, like Jacob King, pointed out its size: “BREAKING: Fartcoin’s market capitalization has skyrocketed to $643 million, making it a larger asset than 85 % of publicly traded companies in the US.”
Fartcoin itself has unconventional origins.
It was conceptualized by Terminal of Truthsan AI agent funded by a $50,000 Bitcoin grant from Marc Andreessenwith development taking place in a collaborative AI space called Infinite Backrooms.
Initially designed as an experimental financing tool for creative projects such as film production and reforestation, the token has become the center of speculative trading.
Image: Shutterstock
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