Solana Memecoin OnlyMarms is Outraising OnlyFans Subscriptions for a Marmot Study
A Solana meme coin tied to a 64-year-old marmot examine has outraised its personal OnlyFans marketing campaign in simply days.
Researchers launched the OnlyFans web page this spring after a main grant renewal fell by way of. A Pump.enjoyable token adopted quickly after, and it now brings in extra money for the venture.
Where the Money Problem Started
The Marmot Adaptive Dynamics (M.A.D.) Lab on the Rocky Mountain Biological Laboratory (RMBL) tracks yellow-bellied marmots close to Crested Butte, Colorado. It has continued since 1962, making it one of many longest wildlife research on the earth.
Daniel Blumstein, an ecology professor on the University of California, Los Angeles (UCLA), runs the venture. He instructed NPR that a National Science Foundation (NSF) grant denial had lowered their educating assistants.
Julien Martin, a University of Ottawa professor who co-runs the examine, later joined the fundraising push.
“We’ve made about $4,000 on OnlyFans, and persons are trying on the content material and having fun with it… Turns out, it’s even greater than this.”
Daniel Blumstein, NPR
That determine has since grown. The lab’s Marmot Project Instagram account put OnlyFans donations at greater than $6,000, after OnlyFans took its 20% lower. The Daily Bruin reported the replace this week.
The account has been stay since June. Signing up required convincing OnlyFans that a human, not a marmot, managed it.
The lab has tried different fundraising concepts too. A Crested Butte brewery launched a Marmot Tears IPA in July. The workforce is additionally planning a Fat Marmot Week occasion in August.
The Token Pulled Ahead
However, one of many extra profitable endeavors is a community-launched token known as OnlyMarms on Pump.enjoyable, a platform that lets anybody create a Solana-based token in minutes. Martin signed up on Pump.enjoyable himself to say the token’s creator charges for the lab.
The M.A.D. Lab‘s personal venture web page places whole crypto donations at greater than $14,000 to this point. That is greater than double what OnlyFans has generated for the identical trigger.
OnlyMarms itself is buying and selling close to $0.0005, up greater than 70% in 24 hours. It peaked above $0.002 in late July, in response to CoinGecko information.
That sort of swing mirrors different viral animal tokens. A raccoon token’s viral rally and the broader animal meme coin trend each produced billion-dollar market caps in 2024.
Whether the Fees Keep Flowing
The measurement of that hole nonetheless raises an open query. Researchers can’t but say whether or not Pump.enjoyable charges are a repeatable funding supply or a one-time spike. Meme coin quantity normally fades as soon as consideration strikes on.
Analysts have additionally flagged meme coin profit structures as a concern. Profits typically favor infrastructure and early holders over the causes tokens declare to help.
That provides uncertainty to how a lot of OnlyMarms’ quantity reaches the lab long run. Blumstein stated the lab is additionally persevering with to pursue conventional grant funding.
For now, the marmot examine depends on each channels. OnlyFans constructed the early viewers, and the token turned that spotlight into quicker funding.
The submit Solana Memecoin OnlyMarms is Outraising OnlyFans Subscriptions for a Marmot Study appeared first on BeInCrypto.
