Crypto degens didn't waste their chance launching a plethora of 'pump-and-dump' Queen Elizabeth II-themed memecoins and NFTs only hours after her passing.
Crypto degens have wasted no time after the passing of Queen Elizabeth II, flooding the crypto market with more than 40 new Queen-related meme tokens, and hundreds of newNew tokens launched on decentralized exchanges on the BNB Smart Chain and Ethereum over the past 24 hours include names such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip Queen Elizabeth.
It’s worth noting that both Queen Elizabeth Inu and Elizabeth have just $17,000 and $204,000 worth of liquidity behind them, indicating a lack of serious backing behind and a potential for short-lived pump and dump, similar to theThe 135,000 strong crypto hating community r/Buttcoin has, of course, chimed in on the matter, with user woliphirlthat they were “feeling bullish the U.K. will adopt Queen Elizabeth II Commemorate token as their national currency in the coming weeks.
This came in response to a screen-grabbed photo from a post in the r/cryptocurrency community that was commenting on how embarrassing this looks for the crypto industry as a whole., the RIP Queen Elizabeth project has also sprouted up within hours of the queen passing away. There are 520 NFTs in the collection, with each token featuring artistic renditions of the queen with sinister undertones. It appears collectors have not jumped behind the project as of yet, as it has generated just 0.06 Ether worth of sale volume worth roughly $101.The amount of NFTs in the collection seems to suggest that the project’s creator was waiting for the right moment to launch the collection.
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