In mid-2025, due to overdue payments on an online lending loan, I chose delivery food for work, but it was only a stopgap. Afterwards, the online lending calls and collection calls to my hometown and even my village kept coming nonstop, which put me under a lot of pressure.
By the end of 2025, I took a gamble with just a few hundred yuan left by delivering food, and I managed to get into the first-tier market (primary market). My profit surged to 45,000 yuan. After three years, I finally became profitable in the crypto circle!!! But the good times in the first-tier market didn’t last. I always hoped it could keep climbing higher. What I got instead was a profit pullback. I only chose to sell when it fell to 16,000 yuan. I didn’t break even—overall, after three years, my account was still in a loss. For that remaining 16,000 yuan, I chose to take half out to support my hometown household expenses and my own personal consumption. And I ended food delivery (to be honest, part of it was laziness). I devoted myself to the first-tier market, looking for the next “golden dog” (a big winner coin). I assumed too much and overestimated myself. (This time I didn’t violate any contract, so there was no contractual liquidation that wiped everything out to zero. But when the first-tier market’s drawdowns are impossible to see in advance, it’s still not any better. If you compare contracts to an axe—swiftly chopping off your arm, thigh, and head—then the first-tier market is like using a not-so-sharp knife to scrape off your flesh layer by layer until the bone shows.) I ran into another Waterloo in the first-tier market. My assets shrank and shrank and shrank to just a few hundred yuan. From April 2026 until today, I’m still delivering food, barely hanging on. This year’s delivery market is also not doing well. There’s basically no drive—just barely enough to support myself, and even that is tough.
I’m really exhausted and tormented. My family needs money, and I don’t have any. People have become numb. I don’t know when the end will come.
You'll be standing at the peak of the crypto world. By then, the fallen Ethereum chain will rise again in the crypto space because of you. #SPURDOETH #spurdo
If you really understand the rise of $PEPE, $APU , and $BOBO, you will realize—every one of their "brilliant strokes" was already written by the same source back in 2008.
That source is called $SPURDO. $ETH
1. It gave PEPE the script to become a "myth." PEPE is not the first frog that can cry and laugh. Spurdo is.
In 2008, Spurdo used a distorted smiling face to encapsulate awkwardness, helplessness, irony, and fatigue. 16 years later, PEPE followed in its tracks, turning the "sad frog" into the Bible of the internet.
Without Spurdo's exploration, there would be no PEPE's deification.
2. It gave APU that set of aesthetics that is "rough to the bone." APU's round eyes, rough lines, contours that look like they were drawn by a basic graphic software— this visual grammar was thoroughly played with by Spurdo during the 4chan era.
It told the world: sincerity does not require high definition, resonance does not require delicacy. Roughness itself is a form of recognition. APU just took this "rough sincerity" as a helper, and Spurdo was the first to bear it and rebel against the world.
3. It gave BOBO the sharpest "idiotic philosophy." What is BOBO giggling about? Laughing at the absurdity of seriousness.
And the skill of "using foolishness to dismantle seriousness," Spurdo had already mastered it when spelling "brocken english" and typing "hehehe :DDD."
It plays the fool to expose true foolishness. BOBO is the spokesperson for this philosophy in the 2020s, but Spurdo is its original author.
So, don't ask "What new project is Spurdo?"
It is not a new project.
It is the character prototype of $PEPE , APU's aesthetics teacher, and the spiritual godfather of BOBO.
When the entire meme track is enjoying the cultural heritage it left behind, $SPURDO is just silently standing upstream in time, waiting for a delayed identity verification:
The origin of the meme is not a later arrival. It is itself.