Hulk Hogan Meme Coins Surge 2000% Following Wrestling Legend’s Death
Hulk Hogan Meme Coins Surge After His Passing
Meme coins associated with wrestling legend Hulk Hogan have experienced significant price increases following his death in July 2024:
- The Ethereum-based token Hulkmanaia (HULK) rose over 122,000% shortly after launch, peaking at $0.001335.
- The Solana-based HULKAMANIA (HULK), launched on June 6, 2023, surged by more than 2000%, reaching $0.0006146 and a market cap exceeding $500,000.
- Despite the rally, the Solana token remains well below its all-time high market cap of $18.8 million.
Previous promotional activity linked to Hogan's account had previously driven interest in these tokens.
Tributes Following Hogan's Death
US President Donald Trump expressed condolences on Truth Social, stating:
“We lost a great friend today, the ‘Hulkster.’ Hulk Hogan was MAGA all the way — Strong, tough, smart, but with the biggest heart.”
The meme coin sector is experiencing mixed performance, with some analysts projecting future growth for major tokens like Dogecoin.