Controversial Meme Coin Sparks Debate Over Crypto Ethics

August 8, 2025

Summary: Is the controversial meme coin a viral stunt that helps or harms crypto culture?

The controversial meme coin’s creators claim their stunt was meant to challenge a toxic crypto landscape by using humor and disruption instead of paid promotion. However, their actions at WNBA games have sparked backlash, raising concerns about misogyny and disrespect in the name of virality. Critics argue that such tactics harm both women’s sports and the credibility of decentralized innovation.

Creators behind a controversial meme coin have claimed responsibility for the recent incidents involving sex toys thrown into Women’s National Basketball Association (WNBA) arenas, actions that have quickly gone viral and sparked widespread discussion.

According to USA TODAY, a spokesperson for the cryptocurrency group, known on X as @Daldo_Raine and choosing to remain anonymous due to the sensitive nature of the incidents, stated that the group deliberately seized moments during the games to throw brightly colored sex toys onto the court, creating what they described as “intentional and symbolic chaos.” Six known incidents of green sex toys being thrown during WNBA games have occurred over the last two weeks. 

The spokesperson for the cryptocurrency group explained that Green Dildo Coin (DILDO), a meme coin, was created as a humorous response to the perceived “toxic” environment within the crypto industry. They specifically noted concerns about smaller participants in the market struggling to compete amid the growing presence of influencers and scammers affecting the space.

The crypto group introduced the coin on July 28, one day prior to the first reported incident involving the sex toy being thrown during a WNBA game.

“It’s ridiculous, it’s dumb, it’s stupid,” Lynne Roberts, head coach of the Los Angeles Sparks, stated when asked about the “pranks” following the game. “It’s also dangerous. Player safety is No. 1, respecting the game, all those things. I think it’s really stupid,” she added. 

These “pranks” have ignited significant debate within the online community, drawing criticism not only for their absurd nature but also for enabling misogynistic rhetoric and hate speech targeting women’s sports.

Given that women’s sports already face challenges regarding recognition and respect in certain circles, it is reasonable to question whether such actions further undermine both the athletes and the broader advancement of women’s sports.

“We didn’t do this because [we dislike] women’s sports or, like, some of the narratives that are trending right now are ridiculous,” the spokesperson stated. “Creating disruption at games is like, it happens in every single sport, right? We’ve seen it in the NFL, we’ve seen it in hockey, you know . . . fans doing random things to more or less create attention,” they added. 

Furthermore, the spokesperson added that the group recognized the need to create a viral moment to establish a presence in the space, avoiding costly influencer promotions which they felt could compromise their values and the project’s integrity.

The launch of Green Dildo Coin and the subsequent pranks are reportedly designed to promote a culture centered on humor, playful stunts, and irreverent antics that the group aims to foster. The green sex toy is intended to symbolize a green candle, a common indicator of upward movement in price charts.


Controversial Meme Coin Sparks Debate

While the recent disruptions at WNBA games tied to Green Dildo Coin have captured widespread attention, they also reveal a darker side of the meme coin world, one that the Shiba Inu community has long made clear it does not support.

The Shib Army recognizes that while viral moments can spark momentum and growth, not all publicity is valuable or ethical. Using tactics rooted in shock, disrespect, and targeted harassment to artificially inflate a token’s popularity is not only unethical but fundamentally at odds with the values of decentralized innovation and integrity.

SHIB’s core principles emphasize privacy, playfulness, and meaningful purpose, but these must never come at the expense of others’ dignity or respect. In a space that thrives on trust and collaboration, preserving those values remains essential to the long-term success and legitimacy of any project.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.