LONDON – Dozens of mimecoins and NFTs depicting the face of Queen Elizabeth II, who died last Thursday (9 August 2022) at the age of 96, quickly flooded the cryptocurrency market.
Queen Elizabeth II of England died in Scotland after she ruled England for 70 years. The news of her Queen’s death is tragic not only for the British people, but also for the international community.
A final estimate of Queen Elizabeth II’s pre-burial, several crypto experts are known to have launched 40 Queen Elizabeth II-themed NFT tokens on the Ethereum and Binance smart chain networks in the last six hours.
Symbols of Queen Elizabeth Inu: Deantaranya, Save the Queen, London Down Bridge, Queen Grow, Queen Dodge, Rip Queen Elizabeth, Serta Elizabeth II, Queen Inu II.
Less than 24 hours after launch on the digital token trading platform DexScreener, the token chain is starting to become popular with global investors.
For example, “Save The Queen” and “Queen Elizabeth Inu”, the two most liquid tokens after being launched for trading on Friday, September 9, 2022, have successfully achieved high trading volumes of up to 1.517% and 23.271% respectively. recorded.
Following other coins, the ‘Queen Elizabeth’ and ‘Elizabeth’ coins also rose to $17,000 and $204,000, respectively.
Meanwhile, NFT’s ‘QueenE DAO Collection’ is also showing an increase in sales.
This digital token has the highest bid of any other Queen Elizabeth token priced at 0.5 ETH or around $825 USD per token.
The digital DexScreener market is not only in high demand, citing Cointelegraph, another crypto trading platform OpenSea, which was recently heavily invaded by Queen Elizabeth’s NFTs, but also has recorded at least about 520 NFTs in the past few hours. has been released to this market.
Although the Queen Elizabeth token is currently growing in popularity, the 135,000 anti-crypto industry community is warning investors to exercise caution before buying the token.
They are concerned that Queen Elizabeth-themed NFT price increases are part of the Pump and Dump scam.
A so-called dump, in which the name and price of this coin suddenly rises as the digital currency named cloud rises until its price rises, causing some individuals or groups to sell crypto assets, causing the price to fall. It is similar to the icon of the squid game that crashed and burned after the price surged last October.