In the 24 hours following the death of Britain’s Queen Elizabeth II, the cryptocurrency market saw dozens of meme tokens and hundreds of NFTs linked to her.
Over the past 24 hours on decentralized exchanges across the BNB Chain and Ethereum networks, pairs with coins such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip Queen Elizabeth were listed.
According to Dex Screener, trading volume of Queen Elizabeth Inu on Uniswap amounted to $235,000 with a market capitalization of $8,900. In the last 24 hours the token surged 441%, but it trades near zero.
The price of Rip Queen Elizabeth on PancakeSwap fell by 87%. The token’s daily trading volume barely reached $1,300.
Even more impressive are the figures for Save the Queen. The asset rose 715%, and the Uniswap turnover reached $933,000.
On the largest NFT marketplace OpenSea appeared a collection RIP Queen Elizabeth. Each of the 520 tokens represents an ambiguous image of the late queen.
As of writing, public interest in the assets is minimal: the base price is under 0.01 ETH ($16.9), and the trading volume is 0.08 ETH.
One Reddit user noted that the release of dozens of Queen Elizabeth–themed tokens is “a bad development” for the crypto industry. He was quoted in the r/Buttcoin subreddit thread with 135,000 members.
“Now imagine if Musk had died,” wrote one of the commentators.
In 2021, U.S. Representative Brad Sherman joked about a non-existent cryptocurrency. It became a reality in several meme tokens.
Follow ForkLog’s bitcoin news on our Telegram — cryptocurrency news, prices and analysis.