Odin.fun Memes Go Poof! 💥

by

Ah, the digital age. Even memecoins, those fleeting dreams built on Bitcoin, are not immune to the cruel realities of existence. Mr. Bob Bodily, the very CEO of Odin.fun, a platform where such ephemeral treasures are traded, found himself in a most unfortunate predicament. It seems his account, his digital sanctuary, was compromised. A rather unpleasant affair, wouldn’t you agree? 😩

In a missive dispatched via X, on this fourteenth day of April, Mr. Bodily, addressing his 48.2k followers—a considerable number, one must admit—lamented that his Odin.fun account had been breached. He hastened to clarify, however, that this digital trespass “didn’t affect” his Bitcoin wallet. A small comfort, perhaps, in the grand scheme of things. 🤔

The team, in a fit of understandable anxiety, paused all trading and withdrawals, “to ensure this isn’t a broader issue.” One can only imagine the flurry of activity, the frantic tapping of keyboards, as they investigated this digital malady. Such is the fragility of our modern constructs. 💻

Rumors, those mischievous sprites, had begun to circulate nearly an hour prior. A certain ‘Cai,’ a member of the community, noted that all tokens in Mr. Bodily’s Odin.fun wallet had vanished. Vanished! Like smoke in the wind. This post, gaining traction like a runaway train, accused the CEO of “dumping holdings,” triggering a wave of panic among the traders. The poor souls. 😟

And as inevitably as the sunrise, a number of the top memecoins launched on Odin.fun experienced a rather sharp “correction,” as they say. A polite euphemism for plummeting into the abyss, wouldn’t you think? 📉

ODINDOG, the flagship memecoin of this venture, was down 57.6% over the past day. Others—ODINAPE, SATOSHI, ODINGOLD, ODINSTAS—suffered losses ranging between 30-70%. One shudders to think of the fortunes lost, the dreams shattered. 💸

crypto.news, in their journalistic duty, reached out to Mr. Bodily for comments but, alas, had not heard back as of press time. Perhaps he was too busy counting his remaining coins, or perhaps he had simply lost the will to speak. 🤫

Odin.fun, launched in February by the minds behind the Ordinals marketplace Bioniq, was conceived as a Runes marketplace and launchpad, drawing inspiration from the hype surrounding Solana’s Pump.fun and Tron’s Sun Pump. A noble endeavor, perhaps, but one fraught with peril. 😈

For those unfamiliar with the intricacies of the digital realm, Runes are a Bitcoin-based token standard designed to enable the creation of fungible tokens on the Bitcoin network, similar to ERC-20 tokens on Ethereum. A complex system, indeed. One might be forgiven for preferring a simple game of cards. 🃏

In related news, last month, Memecoin launch platform Four.Meme had to suspend its token launch feature after suffering an exploit that led to over $180k in losses. It seems the digital landscape is rife with such misfortunes. A cautionary tale, if ever there was one. 😔

Read More

2025-04-14 13:00