A new cryptocurrency called MICKEY has been created based on the public domain status of the Mickey Mouse cartoon character. The creators describe it as a representation of the iconic character and digital culture. The MICKEY coin operates on the Ethereum blockchain and currently has a market cap of $6,500. Meme coins like MICKEY are known for their high volatility. The public domain status of the original Mickey Mouse cartoon allows artists to use the character without permission, but subsequent iterations are still protected by copyright. The Solana network has seen a significant increase in new token creation, with 72,202 tokens minted in the past two weeks. The Avalanche Foundation plans to allocate its $100 million NFT incubator fund to purchase memecoins.
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