Revival of Dire Wolf Sparks Meme Coin Frenzy

The dire wolf, extinct for over 10,000 years, was brought back to life by Colossal Biosciences, causing a surge in a Solana meme coin's market cap to $13.61 million. The token, named REMUS, experienced rapid growth but later retraced to $6.2 million. Despite skepticism from experts, the genetically modified wolves Romulus, Remus, and Khaleesi garnered attention. Colossal Biosciences, known for genetic engineering, plans to resurrect woolly mammoths and other extinct species. The company's success with a woolly mouse led to a $3.3 million meme coin. The dire wolf's revival, along with future plans for de-extinction, has attracted significant investment and interest in meme coins. However, the genetically modified wolves will not breed and are closely monitored within a secure facility. Colossal Biosciences aims to use their techniques to prevent further extinctions and revive other extinct species like the woolly mammoth, dodo, and Tasmanian tiger.