Henry Kissinger Meme Coins Emerge After His Death
Following the announcement of the death of Henry Kissinger, former U.S. Secretary of State, a wave of meme coins in his “honor” has appeared on various blockchain networks. In the past 24 hours, these Kissinger meme coins have seen over $307,000 worth of trading volume. The largest of these coins is a wrapped Ethereum token traded on Uniswap, which experienced a 5,700% spike in trading volume shortly after its launch. However, its value is currently extremely low at just $0.000000001649.
Other Kissinger meme coins are also being traded on platforms like Solana and BNB Chain. These tokens have creative names such as the “Henry Kissinger Dr. Evil” coin and the “Kissinger69ObamaBidenInu420” token.
This trend of creating volatile tokens named after prominent public figures who have passed away is becoming more common in the crypto space. These meme coins tend to rapidly rise and then quickly collapse as early investors exit. Just recently, a meme coin named after Charlie Munger soared 31,000% after his death before crashing to almost zero.
The Connection Between Kissinger and Crypto
While it’s unclear why Kissinger has attracted attention from degen day traders, his political decisions during his time in office continue to impact the world today. Despite never publicly addressing crypto before his passing, his actions as Secretary of State are estimated to have caused the deaths of millions of people worldwide.
Hot Take: Kissinger Meme Coins Reflect Dark Humor in Crypto
The emergence of Kissinger meme coins following his death highlights the dark humor and speculative nature of the crypto market. These volatile tokens named after prominent figures serve as a way for traders to capitalize on significant events. While they may generate short-term excitement and trading volume, they often end up collapsing in value. Ultimately, these meme coins demonstrate the unpredictable and risky nature of the crypto space.
By
By
By
By
