Ethereum

Meme Coin developers are doing a great job on their live streams to pump the tokens.

Livestreaming your mom shaking her tits on camera to pump up your meme coins is the ultimate cryptocurrency throwback. But this sexually suggestive token live momThis is just the beginning of an increasingly strange and rapidly expanding wormhole of meme coin livestreaming.

kidnapping and more half naked womenAnd the fraudulent amputees are all part of this new live stream meta that has taken underground Solana degen traders by storm.

At the same time as LiveMom was rocking her 36DDs next to her alleged son, another live stream was going on. Aspiring political candidate Leland King Fawcette attempted to create a meme coin called IMLIVEKICK, but the token fell from a market cap of $110,000. Up to $10,000 per hour—Viewers speak out while streamers get angry in funny ways.

Now it’s virtually useless. From then on, Fawcette I streamed it five more times. Countless meme coins go to zero. The streamer claimed that the sniper bot was “towing” his tokens, so he now devised a plan to “tow” the sniping bot in return. However, some people on his Discord believe the streamer was being violent the whole time.

So there’s an increasingly hectic trend going on, with some developers getting creative as they attempt to stand out in the crowded meme coin market.

Where does this come from?

All livestream meme coins are decoding I’ve seen it started using: pump.fun. This protocol allows anyone to create Solana meme coins in minutes. Only 0.02SOL ($3). With lower barriers to entry than ever before, Solana has seen an explosion of new tokens.

Notable meme coins such as: mad, shark catand muing coin It was released using Pump.fun along with numerous other apps. In fact, the daily record for new Solana-based tokens issued was just broken on Tuesday. In just one day, 16,534 new tokens flooded the network. And Pump.fun is now Most Profitable Protocols Across all cryptocurrencies.

According to the developer, Pump.fun is also how the “first” live stream token was created. Richard Podgurski, co-founder live twitchHe said he had a “very toxic obsession” with Pump.fun, seeing random memes soar to a market capitalization of $1 million.

“Pump.fun combines free speech and internet memes to create 4Chan 2.0 on degenerative steroids,” Podgurski said. decoding Via email. “And I love every bit of it… The bad, the funny, the ugly. “It’s probably the biggest corner of the internet right now.”

Soon he wanted to get involved in this activity and created LiveTwitch. March 26 Before heading out on a trip with my partner Savanna. 52 hours live streaming. The goal was to reinvent the social media monetization model using tokens as a subscriber model.

While LiveMom I promised to twerk If her coin reached a market capitalization of $750,000, the LiveTwitch couple promised to get married once it reached $20 million. However, LiveTwitch’s more wholesome approach to live stream tokens does not appear to have garnered as much traction as LiveMom.

Degeneration prevails.

In the days following the LiveMom craze, the live streaming meta proliferated and the level of degradation only grew from there.

copycat project, Livesiswas created with the goal of reaching a market capitalization of $100,000 so the streamer’s sister could take off her bra. When the goal is achieved, My sister exposed her breasts—although many viewers believe it was a man —before the token plummeted. almost zeroIt is believed to be caused by lug pulling.

We also saw a man named Roman being “kidnapped” by developers who promised to release him for a market capitalization of $100,000. Live streaming roman He placed the backpack on his head and stabbed it with a stick, causing the token to quickly rupture.

Just a few days later, A man claimed he had no hands Therefore, it was not possible to perform a lug pull and drain all liquidity from the coin. Well, he lied. Just three minutes after putting the sign under my chin and starting live streaming, A man reveals his hidden armI ran to his computer and immediately sold $1,000 worth of HANDS.

This live streaming meta shines a light on the uncomfortable truth that, as humans, we are attracted to things that are strange, crazy, and just plain wrong. Much like watching the latest serial killer documentary on Netflix or slowing down to avoid a car crash, it’s hard to ignore the shock value of the ever-evolving nonsense that keeps popping up in Pump.fun and elsewhere in cryptocurrency.

In general, inflexibility is a nightmare for investors. But the livestreaming meta is reinventing why investors seek out low-market gems.

Did investors in LIVESIS believe this would be the next blue chip meme coin? Or were you just hoping to see a streamer strip and avoid creating a dump in the process? Were Roman investors interested in their own bags, or the bags on Rome’s head?

With the cryptocurrency market overall cooling in recent weeks, it appears that some cryptocurrency developers have been forced to try shocking new tactics to generate interest in their meme coins. And it seems some investors can’t help but take notice and agree.

Editor: Andrew Hayward

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