Cryptocurrency
123 Video
duration: 5 Hour and 26 Minute
“Patriotic” Meme Coin Falters
00:00:33
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The meme coin is known as “Let’s Go Brandon”, which is based on the Ethereum blockchain, managed to slip under the radar as many other coins flooded the market. However, an endorsement from former President Donald Trump caused the token to fumble even more than it already had. Over the last 30 days, the token had lost 99.5% of its value, even as the founder of the project gifted Trump 500 billion tokens, seemingly tanking its own value in the process. At press time, Ethereum was up a fraction of a percent, trading at just under $2600.
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