Carlossy: New Memecoin is a Spinoff of the Caterpillar Cake Wars

In Brief

• Two giant supermarkets in the UK, Aldi and M&S went to war over caterpillar cakes
• In the end, the fancier M&S won the right to protect the intellectual property of their cake
• A memecoin has been spun out of the situation to try to grab publicity from the spat
• promo Top Crypto Exchanges Without KYC Read Now
  

The Trust Project is an international consortium of news organizations building standards of transparency.

Carlossy the memecoin has hit town. Will it be the UK’s greatest memecoin? Or will it be forgotten in the heap of hopeful shitcoins that just use up bytes on the interwebs?
In the UK, Colin the Caterpillar cake, made by Marks and Spencer (M&S) has been a massive hit for years. If you have been to a kid’s birthday party anywhere in the UK or Ireland, you would have had one of these cakes. They are a choccie sponge covered in hard chocolate. They are so good that there is always that one kid who eats it until they throw up.
Colin the caterpillar cake is one of the bestselling supermarket birthday cakes ever. That is, until Aldi came along with a long-lost cousin of Colin – called Cuthbert.
M&S decided that Cuthbert was too similar to Colin. So they lodged an intellectual property claim with the high court last year. The supermarket giant has three trademarks relating to the Colin Caterpillar cake. M&S said that Aldi needed to kill off Cuthbert promptly, thanks.
M&S have a lot at stake with the claim. 15 million Colin sponges have been sold over the years, and although Aldi want a slice of that cake, they didn’t win this one. In the end, Aldi agreed to change Cuthbert so as to avoid upsetting Colin.
Aldi and M&S have shaken hands over the deal, and the feud has finally been subdued.
To mark the feud, a team of developers decided to create an innovative memecoin to honour the cake of everyone’s childhood.

Carlossy Caterpillar
Enter Carlossy Caterpillar (CARL). It is a new memecoin for those who love caterpillar cakes. The creators hope that the token will follow in the footsteps of Dogecoin (DOGE) and Shiba Inu (SHIB). Dogecoin was the entry point for many new users into crypto. Elon Musk even became an enthusiast for DOGE, accepting it as payment for some products in his companies.
Hoping to be like DOGE, CARL is aimed at those who followed the cake dispute. CARL is being marketed as an easy-to-understand and easy-to-use crypto. The company say that people holding the token will get an introduction to the broader crypto world.

CARL will be purchasable across a range of decentralized exchanges this month, before launching across other centralized exchanges. The total supply of the Carlossy Caterpillar token is 1 billion.
The company say that they will be “leveraging the attention people give to memes and making use of it to build up the blockchain ecosystem.”
Carlossy Caterpillar will run on the Binance Smart Chain. The coins will be used to purchase, stake, and also trade.
The question is, will be become a great memecoin? Or slide into the world of the shitcoin? I guess we all just watch this space.
Got something to say about Carlossy or anything else? Write to us or join the discussion in our Telegram channel. You can also catch us on Tik Tok, Facebook, or Twitter.
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

Related topics

• CARL
• carlossy
• colin
• memecoin

Nicole Buckler

Nicole Buckler has been working as an editor and journalist for over 25 years, writing from Sydney, Melbourne, Taipei, London, and Dublin. She now writes from the Gold Coast in Australia. Nicole first bought Bitcoin in 2013 not really understanding what she was doing. She is an accidental HoDLer. Got a story on the culture side of crypto? Email [email protected]



Follow Author


More Articles





RELATED NEWS
MarketsOpinion
DeFi in the Future: Will My Young Son Even Want a Bank Account?

12 mins ago
MarketsNews Report
Restriction Reference Period for Mt. Gox Bitcoin Repayment Process Will Start Mid-September

40 mins ago
MarketsFeature
BlackPink Take Award for Best Metaverse Concert at the VMAs

3 hours ago
MarketsNews Report
Research Finds Smart Contract Exploits Hardest to Eliminate as FBI Raises Warning

9 hours ago
MarketsNews Report
Reddit Co-Founder Ohanian to Raise Money for New Crypto Fund

9 hours ago