CaliCoin, a Solana-based cryptocurrency founded by Nathan Copeland, a brain-computer interface (BCI) entrepreneur, has reached a market cap of $30 million within two hours of its launch, according to GeckoTerminal.
Nathan Copeland, 38, was left quadriplegic in a car accident in 2004, which led him to become involved in BCI research.
He has four sets of microelectrodes implanted in his brain, allowing him to control a robotic arm and receive sensory feedback.
He has also used the technology to create digital art, play video games like Pac-Man and Sonic the Hedgehog, and design and sell digital artwork as NFTs.
Copeland confirmed in a video on his official YouTube channel that he used BCI technology directly to create the digital currency “CALICOIN” and interact with the “Pump.fun” platform.
His project has received wide interaction in the digital currency community, with “Alon Cohen”, co-founder of “Pump.fun”, describing it as an inspiring story in itself.
Despite this momentum, the currency has witnessed sharp fluctuations, as the market value of the currency fell from $30 million to $12 million before settling at $16 million at the time of writing this article.
The trading volume also reached more than $140 million in less than three hours, reflecting the great interest in the currency amid warnings from some analysts that the current market conditions are not suitable.
