The upcoming release of an HBO documentary centered on the long-speculated identity of Bitcoin’s creator, Satoshi Nakamoto, has sparked the launch of memecoins.
Len Sassaman, a deceased cryptographer, is believed by many to be Nakamoto's true identity, increasing the implied probability in blockchain-based betting platforms.
Memecoins have gained popularity due to the ease and lower cost of creation and trading on blockchains like Solana.
The documentary's release may bring new revelations about Nakamoto's identity, which has been a topic of speculation for years.