This meme coin depicts a dog in a ski mask—and it’s jumping to new heights because U.S. Congressman Mike Collins (R-GA) acknowledged he bought as much as $30,000 of it.
Collins’ purchase of Ski Mask Dog (SKI), alongside another token, was flagged Tuesday by the financial data platform Unusual Whales on X (formerly known as Twitter). The 57-year-old replied with a picture of Pepe the Frog, evoking the popular internet meme that’s also tied to a valuable meme coin.
But beneath the frog’s shades and popped collar, Collins told Decrypt that there’s a legitimate reason behind the purchase of two digital assets.
“I liked the coins, so I bought them,” Collins said in a statement. “Washington and Wall Street have stigmatized emerging technology in the crypto ecosystem for far too long, and it’s about time that we start treating this industry with the respect it deserves.”
The price of Ski Mask Dog, at one point, had more than doubled Wednesday, hitting an all-time high of $0.24. Trading on
Go to Source to See Full Article
Author: André Beganski
