Poopie, the Doodles co-founder also known as Jordan Castro, has released a memecoin named Poopcoin, ticker $poop. Since its launch ten hours ago, as of publishing time at 6 pm ET, nearly $60 million in poop volume has already changed hands, and the memecoin has a market cap of about $7 million, though that figure has been declining rapidly throughout the day. 

Poopie announced the coin on X as a quote-post to Vitalik Buterin's recent blog in which the Ethereum co-founder shared his thoughts on the memecoin ecosystem, condemning intentionally offensive memecoins while praising "high quality fun projects that contribute positively to the ecosystem and the world around them."

The memecoin was airdropped to holders of Doodles NFTs and certain other early adopters, such as anyone who …