Sep 11, 2025
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Meme Coins Tied to Charlie Kirk’s Death Surge Amid Criticism
Following the tragic death of Charlie Kirk on September 10, opportunists in the crypto space launched several meme coins linked to the event. These tokens quickly gained traction, with some increasing over 10,000% within a day.
Token Launch and Market Impact
- Multiple "Justice for Charlie" tokens appeared on platforms like Solana’s pump.fun.
- Tokens such as RIPCharlieKirk and JusticeforCharlie reached multi-million-dollar market caps rapidly.
- One token creator reportedly earned $300,000 in fees shortly after launch.
Community Reaction and Risks
- Users criticized developers for exploiting the tragedy for profit.
- Crypto watchdogs warned that many of these tokens are likely scams.
- Insiders have cashed out significant amounts, raising concerns about rug-pull activities.
- Analytics highlighted suspicious activity, such as the sudden creation of over 700 new wallets.
Observers caution that these politically charged tokens are speculative and often lose value after initial spikes. The trend resembles past pump-and-dump cycles in the crypto market.