The post Tiger King launches Solana-based meme coin from jail appeared on BitcoinEthereumNews.com.

Joseph Maldonado-Passage, better known as Joe Exotic from the viral Netflix docuseries “Tiger King,” has launched a meme coin from jail. The viral star, who had been in jail, mentioned that the reason he launched the token was because he had been knee deep in legal bills, with things looking like he had racked up legal fees. According to reports, Tiger King has been in jail for seven years but did not launch the token himself. Instead, the 62-year-old asked his lawyers to help him launch the “Official Tiger King” token off the ground. The token then began trading on Monday under the ticker name EXOTIC. Most celebrity tokens often end up as viral memes, dropping in value as soon as their viral moments fade. According to Tiger King, he hopes his token does not turn out that way, noting that he knows that most celebrity tokens hinge on people’s attention, which can fade, while also mentioning others that have been marred by allegations of insider trading. “I pray to god that they don’t rug it and ruin my reputation,” he said. “I’m hoping that people will see this is legit and it has a purpose.” Tiger King wants his meme coin to be big While celebrity tokens are not new in the crypto industry, the tokens reached a new point last year after several stars, including Caitlyn Jenner, Cardi B, and Jason Derulo, stepped into the space. One of the most controversial projects was the Hawk Tuah token under the ticker name, HAWK. The token was brought to life following the viral moment in an interview featuring Hailey Welch, who is now known as the Hawk Tuah girl. Tiger King’s token EXOTIC was created on a little-known launchpad called pumpkin.fun, with the market cap of the meme coin rising…

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Filed under: News - @ March 29, 2025 9:27 pm