AI NewsMeme Coin Named After Charles Hoskinson’s Quinelings Crashes 90%+ Within Hours

Meme Coin Named After Charles Hoskinson’s Quinelings Crashes 90%+ Within Hours

Cardano founder Hoskinson has released Quinelings, open-source programs that can rebuild their own code and take the shape of creatures. However, a Solana meme coin borrowing the name crashed within hours.

The project builds on quines, decades-old programs that print their own source code. Hoskinson calls his versions digital lifeforms.

What Do Cardano Founder Hoskinson’s Quinelings Actually Do?

In his launch video, programs typed into terminals turn into creatures that feed, reproduce, and die.

Each Quineling starts as written steps for a task, supplied by a person or an AI agent. Its moving body maps every one of those steps.

Branching tasks grow fractal bodies, while simpler ones form sunflower-like petals. The project’s website shows five examples, including a route finder and a job scheduler.

Visitors can run each task and click a body region to see that step’s values. A copy button rebuilds the program from its own source and checks the answer.

Before a program is built, its compiler rejects tasks that exceed fixed size limits or contain endless loops.

In a section called the Ranch, two programs can produce a child. One parent’s result can feed into the other’s task, but only when value types and units match.

For now, every example runs as a local browser simulation.

The release extends Hoskinson’s AI focus. In September, he predicted crypto will eat AI. Earlier this month, he dismissed Vitalik Buterin’s AI warning as self-serving. Before that, he released a free watermark removal tool for Anthropic’s Claude.

Why Did a Copycat Meme Coin Crash Within Hours?

The repository never mentions Cardano, blockchain, or tokens.

Still, a Solana meme coin called Quinelings appeared on PumpSwap shortly after the post.

Its DexScreener page links to Hoskinson’s GitHub and X post. However, nothing confirms that the Cardano founder is involved.

The coin lost more than 90% of its value within hours.

Famous names often move such tokens. In August, a Musk raccoon post sent the JIMOTHY meme coin up 331%.

Bots can buy the instant such tokens go live, leaving later buyers with losses.

Cardano founder Hoskinson presents Quinelings as a research prototype, not a token. Its stated aim is to make AI agents’ tasks easy to keep, inspect, and share.

- Advertisement -spot_img

More From UrbanEdge

Charles Hoskinson Clashes With Angry ADA Holders Over Promises of Price Gains

Cardano founder Charles Hoskinson says he never promised that ADA would rise. He made the remarks during a heated livestream with frustrated investors. His comments come as ADA trades near multi-year lows, far below highs from previous cycles. Hoskinson Says Cardano’s Roadmap Is Complete Cardano’s roadmap is a five-era development plan that guided the network…

House Memo Targets Officials’ Prediction Market Bets

House Oversight staff want Congress to curb officials’ prediction market bets, at least on government actions and political outcomes. The November 13 memo aims those limits at officials who trade, leaving the platforms’ business intact.  The size of that business shows in Robinhood’s results. The broker’s event contracts revenue rose more than sixfold year over…

Hyperliquid’s HYPE Token Shows Resilience as Crypto Market Crash Deepens

Hyperliquid’s HYPE token has lost roughly a quarter of its value since its peak. Yet amid the latest crypto market crash, it is holding up better than Bitcoin and Ethereum. Its derivatives market offers one possible explanation. HYPE traded near $73 on Friday, down approximately 7% over seven days. Bitcoin lost more than 9% during…

XRP ETF Outflows Hit an 8-Month High. December Rarely Brings Relief

US spot XRP ETFs lost $19.13 million in the week ending November 13. It was their largest weekly outflow in 8 months, and it came as the altcoin fell below $1.00. The funds have now posted 2 straight weeks of outflows. XRP has also lost 20% so far in November, CryptoRank data shows. Past Decembers…

Will AI Agents Pay for News and Media Content Soon?

BeInCrypto's CEO asked whether AI agents will pay for news. BeInCrypto Research's x402 data shows agents already pay for information, but mostly in fractions of a cent. The post Will AI Agents Pay for News and Media Content Soon? appeared first on BeInCrypto.

Big Banks Have Nearly $1 Trillion Tied to AI. What If the Boom Cracks?

The largest US bank holding companies have close to $1 trillion in exposure to firms behind the AI buildout. The Federal Reserve (Fed) disclosed the figure in its November Financial Stability Report. The Fed still describes the banking system as sound, with high capital ratios. Yet 87% of market contacts surveyed by the New York…

Metaplanet Cuts 2026 Revenue Target 59%: Is the Bitcoin Playbook Running Dry?

Metaplanet cut its 2026 revenue forecast by 59% on November 13, to ¥6.5 billion from ¥16 billion. Its operating profit forecast fell 74%, to ¥3 billion from ¥11.4 billion. The Tokyo-listed Bitcoin (BTC) treasury firm traced the cut to its own discounted stock. Metaplanet stock fell 4.37% to ¥219 that day, down 53.21% so far…

Will Bitcoin Never Set Another All-Time High? Analysts Debate On X

Bitcoin price fell below $68,000 on November 13. The price now sits more than 45% below its record high of $126,080. Some analysts are saying that the peak will never return. However, other traders see a bottom forming soon. Is Bitcoin’s Record High Gone for Good? Bitcoin’s slide from its $126,080 peak has fueled intense…

Crypto Market’s Nearly 6% Slide Costs Bulls $1 Billion in a Day

Crypto traders lost $1.23 billion to forced liquidations over the past 24 hours, nearly double the previous day’s total. Bets on higher prices accounted for $1.02 billion of it as the crypto market cap fell 5.75% to $2.33 trillion. Long positions made up 82.7% of the crypto liquidations, Coinglass data shows. Bitcoin (BTC) slipped below…
- Advertisement -spot_img