Following the demise of the British monarch, new tokens are now out including Queen Elizabeth Inu, Rip Queen Elizabeth and QueenDog.
More than 40 new Queen-related meme tokens and hundreds of other nonfungible tokens (NFTs) in the same spirit have been introduced into the crypto market.
With 70 years and 214 days as head of state in England, Queen Elizabeth II died at the age of 96. She was the queen of a sovereign state for the longest period of time.
She enjoyed widespread popularity from the populace of England, and occasionally maintained royal approval ratings of close to 90%.
Over the past 24 hours, new coins with names like Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down, and Rip Queen Elizabeth has been introduced on decentralized exchanges on the BNB Smart Chain and Ethereum.
The Queen Elizabeth Inu token on BSC-based PancakeSwap has now experienced the most price worth boost over the past 24 hours, with an eye-watering 28,506% pump to $0.00008000 as of today, 9th of September, according to statistics from Dex Screener.
Nevertheless, the Elizabeth token, which has witnessed a $2.7 million value of trade volume in less than 12 hours, dwarfs it with a $391,000 24-hour transaction volume.
The asset has also experienced a parabolic 8,442% pump, sitting at $0.059931.
As a matter of fact, the 135,000-member r/Buttcoin crypto-hating subreddit has weighed in on the topic, with user woliphirl saying that they were “bullish” the U.K. will adopt the Queen Elizabeth II Commemorative token as their national currency in the upcoming weeks.
This was in reaction to a screenshot of a comment made in a post in the r/cryptocurrency community about how humiliating this is for the entire crypto business.
Following hours of the queen’s death, the RIP Queen Elizabeth project appeared on the NFT marketplace OpenSea.
The 520 NFTs are all coming in doomy tones and has earned 0.06 Ether (ETH) in selling volume equivalent to about $101
This suggests that collectors have not yet gotten behind the idea. Since there are so many NFTs in the collection, it appears that the project’s author was preparing for the ideal time to introduce it.
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