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News Explorer — Celebrity Deaths Prompt the Creation of Meme Coins That Quickly Rise and Fall in Value

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Apr 11, 8:37 pm
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Celebrity Deaths Prompt the Creation of Meme Coins That Quickly Rise and Fall in Value

The death of celebrities like OJ Simpson and Henry Kissinger has led to the creation of meme coins in their honor. These tokens quickly gain trading volume and skyrocket in price, only to collapse shortly after launch. The ease and affordability of launching tokens on blockchain networks like Solana and Ethereum have contributed to the proliferation of meme coins.

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