Anonymity meets memecoins: a pseudonymous X commentator known as “peepeepoopoo” set off a wave of dark humor—and real frustration—across Crypto Twitter on March 24 after revealing strangers were minting and trading meme tokens built on their persona without consent.
“This is what happens when people can freely mint tokens under someone else’s name,” @DeepDishEnjoyer wrote, adding bluntly: “They’re making fucking shitcoins out of me and scamming each other with it.” The post drew roughly 50,500 views within hours, despite the account not being a celebrity or protocol founder. The Boston-based, pseudonymous commentator—who describes themselves as a “globalist” macro skeptic and maintains a Substack—has about 40,100 followers and is known for bearish market takes, not token promotions.
The episode isn’t the first time their handle has become token fodder. The account once created a joke token, $THATSIT, and explicitly told followers it was worthless. Chinese traders apparently mistook signals—seeing mutuals with AI-focused accounts—and pumped it as if it were an AI play. $THATSIT surged to a roughly $2.6 million market cap before collapsing.
That pump-and-dump arc mirrors a larger pattern in the memecoin ecosystem: celebrity- and influencer-branded tokens appear, attract hype, spike in price, then implode when developers or whales exit. Examples include the JENNER token tied to Caitlyn Jenner, which briefly hit a reported $20 million market cap before its developer dumped holdings. What makes the “peepeepoopoo” case notable is the original account’s live, bemused commentary—mocking their own digital victimization from a position of detachment.
Multiple unofficial tokens using the persona’s branding have already surfaced on pump.fun and decentralized swap services like PumpSwap. At the time of writing, one “PP” variant posted a 24-hour gain of 149.76% and a market cap near $7,400, while a “PPPP” variant appeared on CoinGecko with an approximate $47,000 market cap. None of these tokens are affiliated with @DeepDishEnjoyer.
Platforms such as pump.fun make this kind of free-for-all possible. On Solana, the service allows anyone to create a token for under $2 with no identity checks and no guardrails to stop someone from launching coins under another person’s name or likeness. The platform’s structural anonymity is exactly what @DeepDishEnjoyer was lampooning: “At least nobody with a soul will get hurt,” they quipped, a sardonic nod to the likely victims and profiteers in these micro-rugs.
The incident underscores ongoing dangers in loosely regulated token creation markets: easy minting, low barriers to entry, and little recourse for people whose personas are co-opted. For traders, it’s another reminder to exercise caution, verify provenance, and expect that many meme tokens are engineered for short-term speculation rather than any genuine project value.
Solana (SOL) was trading around $92.17, up about 3.29% over the past 24 hours at the time of publication.
Read more AI-generated news on: undefined/news
