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Queen’s cryptocurrency has grown by 15,000% - all because of the death of Elizabeth II

12:29 pm, September 9, 2022

The death of Queen Elizabeth II has led to the emergence of new cryptocurrency tokens, so some fraudsters are using the historical moment to make a profit.

As it has become known, about 40 meme tokens based on Ethereum and BNB Chain have appeared on the cryptocurrency market, including: Queen Elizabeth Inu, Queen Doge, God Save The Queen, London Bridge Is Down, Queen Grow, Rip Queen Elizabeth, Elizabeth II, and Queen Inu II. The largest growth was achieved by the Queen token scam, which rose by 15,000%.

As for other cryptocurrencies, the Save The Queen token gained $ 700,000, and Queen Elizabeth Inu — $ 200,000. Obviously, the value of such digital assets is very volatile and has no chance of remaining high in the future.

It is worth noting that not all crypto projects are hype on the death of the Queen of Great Britain. For example, the authors of the QueenE NFT collection, which was released back in July, announced the closure of trading.

In early June, we told you about a collection of non-fungible tokens with the image of Elizabeth II called Platinum Queen. The collection was created by British artist Nasir Azamdo to mark the 70th anniversary of Elizabeth II’s accession to the throne. It is worth noting that at the time of writing, the author of NFT has not published information about the termination of the sale of non-fungible tokens.

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