Crypto: Explosion of NFT and memecoins on the death of the queen!

After 70 years and 214 days at the head of England, Queen Elizabeth II dies at 96. The news shook the world and some crypto developers were quick to react. The markets were soon flooded with memecoins and NFTs on the queen.

More than 40 new tokens on Queen Elizabeth II!

In the long list of new memecoins on the crypto market, we find: Queen Elizabeth Inu, QueenDoge, London Bridge is Down, Rip Queen Elizabeth, etc. There are at least 40 new tokens and hundreds of new NFTs on Queen Elizabeth II. These new digital assets are available on Binance Smart Chain (BSC), DEXs and Ethereum (ETH).

Recent data from Dex Screener indicates that the Queen Elizabeth Inu token is very popular. In particular, it recorded the largest price increase in 24 hours on BSC Pancake Swap.

This is a rise of 28,506%, the token traded around $0.00008. However, the Elizabeth token has surpassed it in terms of trading volume in the past 24 hours. While Queen Elizabeth Inu registered $391,000 in 24 hours, Elizabeth is up to $2.7 million in less than 12 hours. At the same time, the Elizabeth token traded around $0.059, up 8,442%.

Furthermore, a collection of NFT titled RIP Queen Elizabeth was launched a few hours after the death of the queen. It can be found on the OpenSea marketplace with 520 NFTs. Each NFT is a depiction of the queen with agonizing overtones.

A slew of memecoins and NFTs were launched hours after news broke of Queen Elizabeth II’s death. Some have been more successful than others. But, we note that overall the cryptocurrencies relating to this sad event lack serious support.

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