'Sasha' Meme Coin on Solana Soars 32,000% to $20 Million Market Cap Amid Len Sassaman-Satoshi Rumors

Oct 5, 2024, 03:59 AM

A meme coin named after Len Sassaman's cat, Sasha ($SASHA), has surged dramatically in value, reflecting a 32,000% increase to reach a $20 million market cap within 24 hours. The coin has generated $67 million in on-chain trading volume on the Solana blockchain, marking the largest across all chains during this period. The surge is fueled by rumors and speculation linking Len Sassaman, a noted computer scientist and cryptographer who passed away in 2011, to the identity of Bitcoin's creator, Satoshi Nakamoto. Enthusiasts point to connections such as the similarity between 'Sa—toshi' and 'Sha—256'—the hash function used in Bitcoin—and the inclusion of 'op_cat' in the earliest versions of Bitcoin's code as hints supporting this theory. Additionally, Len Sassaman's face is permanently inscribed on the Bitcoin blockchain, further fueling speculation.