The death of Her Majesty has sparked the creation of a number of so-called ‘meme coins’ looking to capitalise on the event.
, many sprang on the opportunity to create Queen-themed coins as a cash grab.
Activity on the Queen Elizabeth Inu coin spiked 18,688% in the last 24 hours with trading volume reaching $200,000 . The amount was even higher – $700,000 – for the ‘Save The Queen’ coin according toNeedless to say, the prices of these coins are extremely volatile and won’t be able to sustain any sort of value in the long-term.has died after 70 years on the throne, with her death announced by Buckingham Palace on September 8, 2022.
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