A slew of new tokens have titles like Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down, and Rip Queen Elizabeth. Following the death of Queen Elizabeth II, crypto degens wasted no time in flooding the crypto market. With more than 40 new Queen-related meme tokens. As well as hundreds of additional non-fungible tokens (NFTs) in the same vein.
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.
According to Dex Screener data, the Queen Elizabeth Inu token on BSC-based PancakeSwap had the most price value growth.
Over the past 24 hours, with a staggering 28,506% increase to $0.00008000 at the time of writing.
The Elizabeth token, on the other hand, has seen transaction activity totalling $2.7 million in less than 12 hours.
While its 24-hour trade volume of $391,000 is insignificant. The asset has likewise experienced an 8,442% spectacular rise to $0.059931.
Of course, the 135,000-member r/Buttcoin crypto-hating group has weighed in on the issue. With user woliphirl saying that they were “feeling bullish that the U.K. will soon adopt the Queen Elizabeth II Commemorative token as their official money.”
This was in reaction to a screenshot of a comment made in a post in the r/cryptocurrency community. About how embarrassing this is for the entire crypto business.
Immediately after the queen’s death, the RIP Queen Elizabeth project appeared on the crypto market OpenSea.
Each of the 520 NFTs in the collection depicts the queen in an artistic manner with ominous overtones.
The project has only earned 0.06 Ether (ETH) worth of selling volume. However, that is 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 waiting for the ideal time to introduce it.
With 70 years and 214 days as head of state in England, Queen Elizabeth II passed away 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%.