Multiple Queen Elizabeth Memecoins Popped Hours After Her Passing
Queen Elizabeth II passed away yesterday (September 8) at the age of 96, after wearing the British crown for 70 years and 214 days. The death of the longest reigning monarch in the UK’s history was met with sorrow all over the globe, but it also attracted the crypto community.
Hours after the news, memecoins like “Queen Elizabeth Inu,” “Queen Doge,” “God Save The Queen,” “London Bridge Is Down,” “Queen Grow,” “Rip Queen Elizabeth,” “Elizabeth II,” and “Queen Inu II” appeared on some decentralized blockchain ecosystems.
Inventive participants in the cryptocurrency sector have proven throughout the years that they can react rather unusually to any huge event that happens around the world. Shortly after Her Majesty’s passing, over 40 Queen-themed memecoins on Ethereum and Binance’s BNB Chain flooded the space.
One of the hottest – “Queen Elizabeth Inu” – is currently up by 11,400%, while the “God Save the Queen” token was up by 1,500% before its price started plunging in the past few hours.
A non-fungible token (NFT) collection called “Queen Elizabeth 69 Years NFT” also saw the light of day. It is worth mentioning, though, that its creators made a mistake since the monarch reigned for 70 years.
Not everyone met the launch of the memecoins with enthusiasm. The NFT enthusiast, known as ThreadGuy on Twitter, argued that anyone who tries to make profits from Queen Elizabeth’s death deserves to go to hell. Trader “Byzantine General” also disagreed, saying that interactions with such memecoins must stop.
Queen Elizabeth II was the longest-lived sovereign that Britain had ever had. Over the decades, she was considered an institution in the United Kingdom and a figure that unified the different nations in the region. During her reign, she preferred not to involve heavily in political issues, which could be one reason why society generally favored her.
The UK will have to make some significant amendments in the following months, including changing the lyrics of its anthem and replacing the Queen’s face on the banknotes and coins. The new featuring portrait of the money will be Charles III (the son of Elizabeth II), who will be crowned as King.
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