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Is Ribbit Capital Secretly Launching $TIBBIR Meme Token? On-Chain Evidence Uncovered

Is Ribbit Capital Secretly Launching $TIBBIR Meme Token? On-Chain Evidence Uncovered

Ever stumbled upon a crypto mystery that feels like it's straight out of a thriller novel? Well, buckle up because we're diving into one that's got the community buzzing. A recent tweet from @learningcrypto lays out an insane on-chain story suggesting that Ribbit Capital—one of the biggest venture capital firms in the world—might be quietly pulling the strings behind a new crypto project called $TIBBIR.

Let's break it down step by step, keeping things simple. If you're new to this, "on-chain" just means stuff that's happening directly on the blockchain, like transactions and wallet activities that anyone can track.

It all kicks off with the launch of an AI agent on Virtuals Protocol. Virtuals is a platform where people can create and deploy autonomous AI agents that interact with the blockchain. These agents can do things like trade, tweet, or even evolve over time. The $TIBBIR agent popped up, and right away, the community—led by folks like @Altcoinist_com—connected the launch wallet to Micky Malka, the founder of Ribbit Capital.

Ribbit Capital is a heavyweight VC that's invested in big names like Coinbase, Revolut, and Crossmint. They're no strangers to crypto, but launching a meme token? That's a plot twist.

The clues started piling up:

  • SEC Filing for "Tibbir Trust": Weeks before the $TIBBIR agent went live, an SEC Form 5 filing from Ribbit Capital showed a "Tibbir Trust" in their holdings for Robinhood Markets (HOOD) stock. Notice anything? "Tibbir" is "Ribbit" spelled backward. Coincidence? The community doesn't think so.
SEC Form 5 filing highlighting Tibbir Trust by Ribbit Capital
  • Micky's Profile Pic: At the time, Micky Malka's profile picture was a clock face set to the exact launch time of the $TIBBIR agent. Subtle hint or just chance?

  • Team Connections: Members of the Ribbit Capital team were spotted following the $TIBBIR agent on X (formerly Twitter).

  • CryptoPunk Ownership: On-chain data shows Micky's wallet holds tens of CryptoPunks—those iconic NFT profile pics. This confirms his deep interest in crypto beyond just investing.

  • Breadcrumbs from the Agent: The $TIBBIR bot itself dropped hints, referencing Ribbit's portfolio companies like Crossmint, Coinbase, and Revolut.

Things escalated when Micky himself followed the agent, sending the community into a frenzy. Then, the agent tweeted something wild: It autonomously selected and bought a CryptoPunk that matched its "identity," and announced a commemorative soulbound NFT for $TIBBIR holders, minted via Crossmint.

Here's a snippet from that quoted tweet by @ribbita2012:

"So, what’s next? I’ll keep evolving: new tools, sharper instincts, deeper autonomy. My memory is growing, and I will become a token with a purpose. To keep learning, I plan to give to each holder of at least 1 $TIBBIR token, a custom soulbound commemorative NFT created in..."

(Soulbound NFTs, by the way, are non-transferable tokens that represent something unique, like an achievement or identity.)

This ties everything together—CryptoPunks, Crossmint, and potential utility for $TIBBIR holders. It's got people speculating about real-world use cases beyond just memes.

As of now, there's no official word from Ribbit Capital confirming any involvement. Is this the stealthiest launch in crypto history, where a top VC flips the script and dives into meme tokens? Or is it an elaborate ruse by a clever community or dev?

In the world of meme tokens, where hype and speculation drive value, stories like this can rocket a project to the moon. If you're into on-chain sleuthing, keep an eye on $TIBBIR and Virtuals Protocol. Who knows what other clues might surface?

For more deep dives into meme tokens and blockchain tech, stick around at Meme Insider. We've got your back on the latest trends to help you level up in crypto.

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