The market value of Meme coin related to the murder suspect of the US insurance giant CEO has risen to 77 million US dollars
According to DL News, the suspect in the murder of United Healthcare CEO Brian Thompson has attracted the attention of cryptocurrency users. After the murder of the insurance company executive on December 4 and the subsequent massive police manhunt, punters on the crypto prediction platform Polymarket poured $500,000 into the platform. Meanwhile, the price of Meme, which was linked to the details of the manhunt, soared. The market value of Meme, named after the alleged offender Luigi Mangione, soared to $77 million before falling to about $17 million (currently back to $20.70 million).
According to DL News, the surge in this Meme coin highlights the dark side of Meme culture. Before Mangione's arrest, the most popular Meme coin linked to the murder was called Deny, which had a market cap of more than $3.40 million but has since fallen to $836,000. In addition, Mangione's notoriety has extended beyond the cryptocurrency realm. Mugs, hats and holiday sweaters linked to the case have been sold on shopping websites.