CaliCoin (CALICOIN), a new Solana-based meme token created by a brain-computer interface pioneer, achieved $30 million market capitalization within two hours of its launch, according to data from GeckoTerminal.

CaliCoin was created by Nathan Copeland, who has been living with quadriplegia following a car accident in 2004. The life-changing event led him to become involved in brain-computer interface (BCI) research.

The 38-year-old creator of CALICOIN has the longest history of BCI implantation, a decade, at the University of Pittsburgh, Copeland shared on the project’s official website. He has four micro-electrode arrays implanted in his brain that enable him to control a robotic arm and receive sensory feedback.

Copeland said he has leveraged BCI technology to perform various computer tasks, including digital art creation and playing video games like Pac Man and Sonic the Hedgehog. He has expanded his digital art pursuits, creating and selling NFT artwork.

In a statement last July, Tether CEO Paolo Ardoino said he was gifted artwork made by Copeland using his BCI. This demonstrated a groundbreaking achievement that opens up possibilities for people with disabilities to interact with the world in new ways.

Today I was gifted an artwork made by Nathan Copeland @BCIcanDoBetter , controlling directly a computer with his brain thoughts, using a BCI (brain-computer-interface) implant with @BlackrockNeuro_ ‘s technology.

Nathan’s implant was performed almost 10 years ago, highlighting… pic.twitter.com/AtNl58fzIV

— Paolo Ardoino (@paoloardoino) June 29, 2024

A Tuesday evening video on Nathan Copeland’s official YouTube channel appears to confirm that he also used his BCI to create the CaliCoin token, interacting directly with the computer and the Pump.fun platform.

The token launch has drawn lots of attention from crypto community members and figures. Pump.fun co-founder Alon Cohen commented on Copeland’s post, calling it “an inspiring story.”

Despite the interesting narrative behind the CaliCoin meme token, some members warn that the current crypto market conditions are unfavorable.

CALICOIN saw its market cap rise initially, then dip to $12 million before reaching $16 million at the time of reporting. Trading volume, according to GeckoTerminal, hit $100 million in less than three hours.

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