Charlie Kirk's death triggers a surge in fraudulent cryptocurrencies, with market capitalization exceeding millions
Source: CoinWorld
Time: 2025-09-11 18:53:03
After the tragic death of conservative activist Charlie Kirk, the price of multiple memecoins soared more than 10,000%, and one creator reportedly earned $300,000 in an hour. Analysts warned that the market was raising stock prices, pointing out that insiders cash out and the emergence of more than 700 new wallets indicate potential scams. Similar to the tragedy-driven tokens in the past, these speculative assets often skyrocket after speculation and then plummet, raising moral concerns about profiting from losses.