The cryptocurrency community was shocked by unconfirmed reports circulating online that Jeffy Yu, founder of the small-cap crypto project Zerebro, may have taken his own life during a livestream on Pump.fun on May 4. The video, which allegedly shows Yu smoking a cigarette before shooting himself in the neck, has been widely shared, but its authenticity remains unconfirmed.
On the day of his alleged death, Yu published a manifesto introducing the concept of Legacoins—a new category of memecoins rooted in permanence, legacy, and symbolic immortality. Legacoins, as defined by Yu, are digital assets that developers strictly acquire and never sell or trade, creating an immutable floor for the token’s price upon the holder’s death.
Yu also launched the token LLJEFFY on the same day, which is believed to be the first legacoin. Despite some skepticism in the community about the authenticity of Yu’s death, Legacy, an obituary platform, published a notice confirming his passing on May 4 at the age of 22.
While some speculated that Yu’s death might be part of a marketing stunt for a new Zerebro album set to release on May 30, the confirmation of his passing has put those rumors to rest. Zerebro token, ZEREBRO, has seen a significant increase in value, trading at around $0.04, up by 85% in the past month, riding a broader wave of gains across the AI crypto sector.
The cryptocurrency community mourns the loss of Jeffy Yu and his contributions to the industry. His concept of Legacoins and the legacy he leaves behind will undoubtedly have a lasting impact on the world of digital assets.