bitcoin
Bitcoin (BTC) $ 69,208.54
ethereum
Ethereum (ETH) $ 3,815.24
tether
Tether (USDT) $ 0.999967
bnb
BNB (BNB) $ 602.19
xrp
XRP (XRP) $ 0.536608
cardano
Cardano (ADA) $ 0.461732
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.724028
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.170826
okb
OKB (OKB) $ 48.66
polkadot
Polkadot (DOT) $ 7.45
shiba-inu
Shiba Inu (SHIB) $ 0.000025
tron
TRON (TRX) $ 0.113924
uniswap
Uniswap (UNI) $ 11.37
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 69,312.57
dai
Dai (DAI) $ 0.999456
litecoin
Litecoin (LTC) $ 84.88
staked-ether
Lido Staked Ether (STETH) $ 3,813.28
solana
Solana (SOL) $ 164.39
avalanche-2
Avalanche (AVAX) $ 37.33
chainlink
Chainlink (LINK) $ 17.34
cosmos
Cosmos Hub (ATOM) $ 8.39
the-open-network
Toncoin (TON) $ 6.31
ethereum-classic
Ethereum Classic (ETC) $ 32.04
leo-token
LEO Token (LEO) $ 5.98
filecoin
Filecoin (FIL) $ 5.94
bitcoin-cash
Bitcoin Cash (BCH) $ 489.18
monero
Monero (XMR) $ 141.26
bitcoin
Bitcoin (BTC) $ 69,208.54
ethereum
Ethereum (ETH) $ 3,815.24
tether
Tether (USDT) $ 0.999967
bnb
BNB (BNB) $ 602.19
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.536608
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.170826
cardano
Cardano (ADA) $ 0.461732
solana
Solana (SOL) $ 164.39
matic-network
Polygon (MATIC) $ 0.724028
polkadot
Polkadot (DOT) $ 7.45
tron
TRON (TRX) $ 0.113924

Meme Coin Devs Are Doing Wild Issues on Livestreams to Pump Tokens

Must Read

Livestreaming your supposed mother shaking her breasts on digicam to pump your meme coin is peak crypto degeneracy. However this sexually suggestive token, referred to as LIVEMOM, is simply the start of an more and more bizarre—and quickly increasing—wormhole of meme coin livestreams.

Kidnapping, much more half-naked girls, and fraudulent amputees are all a part of this rising livestream meta that has taken underground Solana degen merchants by storm.

On the identical time that LiveMom was shaking her 36DDs subsequent to her purported son, one other livestream was underway. Aspiring political candidate Leland King Fawcette was making an attempt to create a meme coin referred to as IMLIVEKICK, however the token fell from a $110,000 market cap to $10,000 in an hour—whereas the streamer raged in hilarious style, viewers say.

It’s now successfully nugatory. Since then, Fawcette has streamed 5 extra instances with numerous extra meme cash going to zero. The streamer claims that sniper bots are “rugging” his tokens, and so he’s now devised a plan to “rug” the sniper bots in return. However some folks in his Discord imagine that it’s been the streamer rugging this entire time.

And so it goes amid this more and more gonzo pattern that is seeing some builders get inventive as they try to face out in a crowded meme coin market.

imply whereas in @solana pic.twitter.com/KSQgimz3nW

— ferb (@ferbsol) Could 5, 2024

The place did this come from?

Each livestream meme coin that Decrypt has seen was launched utilizing Pump.enjoyable. This protocol permits anybody to create a Solana meme coin in minutes for solely 0.02 SOL ($3). On account of the barrier for entry being decrease than ever, Solana has seen an explosion of latest tokens.

See also  Solana cat coin PAJAMAS soars over 500% in a single week

Notable meme cash like Michi, Shark Cat, and Mewing Coin have been all launched utilizing Pump.enjoyable, together with numerous 1000’s of others. Actually, the each day file for brand spanking new Solana-based tokens minted was simply damaged on Tuesday, with 16,534 new tokens flooding the community in a single day. And Pump.enjoyable is now one of many most worthwhile protocols throughout all of crypto.

Pump.enjoyable is even how the “first” stay stream token was created, in line with its devs. Richard Podgurski, co-founder of LiveTwitch, mentioned he had an “extraordinarily unhealthy obsession” with Pump.enjoyable, as he watched random memes surge to million-dollar market caps.

“Pump.enjoyable, mixed with freedom of speech and web memes, has birthed 4Chan 2.0 on degenerate steroids,” Podgurski instructed Decrypt by way of e mail. “And I like each rattling inch of it… the unhealthy, the humorous, the ugly. It is nothing wanting the best nook of the web in the mean time.”

Quickly, he wished in on the motion and created LiveTwitch on March 26 together with his companion Savanna—earlier than setting off on a 52-hour livestream. The objective was to reinvent the social media income mannequin, utilizing the token as a subscriber mannequin.

We’ll ceaselessly be the unique Reside degenerates 😂😂😂😂😂😂😂😂😂😂 pic.twitter.com/NnLGuvAuuA

— livetwitchsol (@livetwitchsol) Could 3, 2024

Whereas LiveMom promised to twerk if her coin hit a $750,000 market cap, the LiveTwitch couple have promised they’d get married in the event that they hit $20 million. LiveTwitch’s extra healthful method to a livestream token, nevertheless, didn’t seem to garner the identical stage of consideration that LiveMom did.

See also  Caldera Groups Up with ApeCoin and Horizen Labs to Unveil ApeChain

Degeneracy prevails

Within the days that adopted LiveMom mania, the livestreaming meta unfold—and the extent of degeneracy solely grew from there.

A copycat mission, LIVESIS, spawned with the objective of hitting a market cap of $100,000 for the streamer’s sister to take her bra off. As soon as the objective was reached, the purported sister revealed her chest—although many viewers imagine it was a person—earlier than the token plummeted to just about zero, allegedly because of a rug pull.

We additionally noticed a person referred to as Roman get “kidnapped” by devs promising to launch him at a $100,000 market cap. Amid a livestream displaying Roman being poked with a stick whereas carrying a backpack over his head, the token shortly imploded.

we’re formally within the stream meta pic.twitter.com/Tt0xYzgUG2

— Doonhamer (@DoonhamerNFT) Could 2, 2024

Solely a pair days later, a person claimed that he had no palms and thus couldn’t presumably conduct a rug pull and drain all the liquidity from the coin. Effectively, he lied. After solely three minutes of livestreaming with an indication tucked underneath his chin, the person revealed his hidden arms, sprinted to his laptop, and instantly bought his $1,000 value of HANDS.

This livestreaming meta shines a light-weight on the troubling fact that, as people, we’re drawn to the bizarre, insane, and downright improper. Identical to watching the most recent serial killer documentary on Netflix or slowing down as you drive previous a automobile crash, it’s laborious to look away from the shock worth of the ever-evolving nonsense that’s steadily popping up on Pump.enjoyable and elsewhere in crypto.

See also  SHIB Burn Price Skyrockets After Essential SHIB Improve Announcement

Usually, being rug-pulled is a factor of nightmares for traders. However the livestreaming meta is reinventing why traders are on the lookout for low market cap gems.

Did traders in LIVESIS imagine it was going to be the subsequent blue chip meme coin? Or did they only need to see the streamer strip and hope to keep away from the dump within the course of? Did Roman traders care about their very own bag, or the bag over Roman’s head?

With the crypto markets broadly cooling off in current weeks, some crypto devs apparently can’t assist however attempt surprising new ways to gin up curiosity of their meme cash. And a few traders, it appears, can’t assist however look—and purchase in, too.

Edited by Andrew Hayward

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Chainlink Worth overtakes BCH to reclaim $10B Valuation

Chainlink value broke above $17.70 on Friday Could 24, to succeed in a 45-day peak because the whale traders...

More Articles Like This