Johnny Shapiro Profile
Johnny Shapiro

@johnnyshap

Followers
11K
Following
2K
Media
517
Statuses
4K

@FinancialReview journalist covering finance, markets and investing. Arsenal fan and dad. [email protected]

Sydney, New South Wales
Joined May 2009
Don't wanna be here? Send us removal request.
@johnnyshap
Johnny Shapiro
11 months
The experience has been worth it... Meme Coins are mental but they're more than a game; they're are a window into culture, society and speculation in the digital age, where nothing and everything is real.
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@johnnyshap
Johnny Shapiro
11 months
What happens now is anyones guess.. Will a weekend print article breath new life into the coin or has the fleeting moment of meme coin media passed.. This is Johnny Coin at the time publication 7.50am on Saturday morning..
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@johnnyshap
Johnny Shapiro
11 months
And here's what the page
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@johnnyshap
Johnny Shapiro
11 months
Here's the front page of the weekend paper
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@johnnyshap
Johnny Shapiro
11 months
The coins tanked further but after midnight on Frriday the coins had a market cap of about $170k
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@johnnyshap
Johnny Shapiro
11 months
The Johnny Coin holders waited anxiously for the article (actually they probably forgot all about it) In the mean time I began writing the piece which went through the extensive production process
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@johnnyshap
Johnny Shapiro
11 months
The Medium article was hilarious as were the fabricated quotes!
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@johnnyshap
Johnny Shapiro
11 months
Starved of attention Johnny Coin tanked. But the community got behind the coin. There was an official Telegram channel and even a Medium blog post about it!
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@johnnyshap
Johnny Shapiro
11 months
But the situation got a little tense. Traders wanted me to promote it. They didn't trust the authenticity of the coin and future coverage.. I had to either prove this was not a scam by tweeting about it, or it would crater. But if I did, I'd be pumping the coin. We sat back.
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@johnnyshap
Johnny Shapiro
11 months
it kept going... past $US3.45m! and headed toward $US6m
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@johnnyshap
Johnny Shapiro
11 months
All hell broke loose. Johnny Coin mooned! The market cap went from $20,000 to $100,000... That meant it graduated to an exchange.
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@johnnyshap
Johnny Shapiro
11 months
But my colleague @MarkDiStef thought this was all hilarious. He decided to tweet about it! https://t.co/DcBuo6h14g
@MarkDiStef
Mark Di Stefano
11 months
Senior AFR reporter @johnnyshap has launched a meme coin as part of a story/experiment so like what could go wrong. Disclosure: hes not making any money off it
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@johnnyshap
Johnny Shapiro
11 months
The first 23 hours of Johnny Coin were uneventful. Other than a few excitable comments, it was mostly friends and family banter hinting at what a dumb idea it is
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@johnnyshap
Johnny Shapiro
11 months
We asked the regulator about meme coins. They pointed us this guidance.
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@johnnyshap
Johnny Shapiro
11 months
This was a meme coin like no other. Unlike other coins were weren't trying to make money (we decided to never sell) this was created purely to see would happen...We were later told it was the first time a journalist had ever made a meme coin before.
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@johnnyshap
Johnny Shapiro
11 months
$GOJOHNNY could now be bought and sold https://t.co/qvIh11W3Rk Go Johnny πŸŽΈπŸš€πŸ€˜
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@johnnyshap
Johnny Shapiro
11 months
But once we had our coins where we needed it was just a few clicks of a button. Our graphics gun Michaela designed an image an Johnny Coin was born!
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@johnnyshap
Johnny Shapiro
11 months
The hardest part about making a meme coin was moving $A out of my bank account on to an exchange and into a Solana wallet to seed the meme coin. This involved countless identity checks including a selfie video to prove I was a real person.
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