In the wild world of meme tokens, where frogs, dogs, and cats often steal the spotlight, a new intrigue is bubbling up around $TIBBIR. If you're not familiar, $TIBBIR is a playful token that's been gaining traction in crypto circles, often associated with frog-themed memes – notice how "TIBBIR" is "RIBBIT" spelled backward? Yeah, it's that kind of clever.
A recent thread on X (formerly Twitter) from user @koolmyyy has sparked speculation about a possible tie between $TIBBIR and Ribbit Capital, a well-known venture capital firm focused on fintech and crypto investments. The post quotes another user, @Neolawyer1, who digs into what they call "undeniable connections."
Let's break it down. The quoted post starts with the deployer wallet linked to Micky Malka (a real figure in crypto VC) and followers of "Ribbita." It then points to Ribbit Capital's "Token Letter," claiming it spills the beans on more ties. They share two images: one from the letter itself, and another showing coins – one distributed as a soulbound NFT to loyal $TIBBIR holders (about 1,500 wallets), and the other shared by Ribbit Capital. The caption? "Two sides of the coin." Pretty on-the-nose, right?
The main post from @koolmyyy zooms in on page 34 of this Token Letter, sharing a screenshot that dives into some deep philosophical territory. It talks about the "era of tokens" spawning new markets around attention and truth, invoking the late Charlie Munger – Warren Buffett's right-hand man and a legendary investor.
Munger passed away just as ChatGPT was hitting the scene, so we never got his take on the token boom. But the letter borrows his famous mental model: "invert, always invert." That's basically flipping problems on their head to find solutions. Applied here, it asks: If AI brings abundance, what becomes scarce?
The piece looks back at history for clues. In an age of mass production and globalization, value came from either being the fastest (think Jeff Bezos and Amazon's efficiency) or crafting ultra-precise, premium products (like LVMH's Bernard Arnault). The idea? Abundance creates opportunities through scarcity – and tokens might follow suit.
Replies to the thread keep the frog vibes going. One user, @N30_cryptoo, drops a string of frog emojis: 🐸🐸🐸. Another, @FrogHybrid_, echoes Munger with "Invert, always invert $tibbir" and shares yet another image.
So, what's the big deal for meme token enthusiasts? If $TIBBIR really has backing or inspiration from a heavyweight like Ribbit Capital, it could elevate it beyond just a fun meme. Ribbit has invested in big names like Coinbase and Robinhood, so any link might signal real utility or staying power in the volatile meme space.
Of course, this is all community speculation right now – no official confirmation from Ribbit Capital. But in blockchain, where decentralization meets detective work, threads like this often uncover gems. If you're holding $TIBBIR or eyeing meme tokens, keep an eye on developments. Who knows? This could be the start of a "token revolution" as the letter suggests, blending AI, scarcity, and a dash of frog magic.
For more on emerging meme tokens and their hidden stories, stick with Meme Insider. We've got the scoop on everything from pump mechanics to VC crossovers in crypto.