Close Menu
    What's Hot

    American Natural Gas Demand Poised for Historic Highs in 2025

    August 28, 2025

    14 Best Office Chairs of 2025— I’ve Tested Nearly 60 to Pick Them

    August 28, 2025

    The Trans Mountain pipeline is delivering

    August 28, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Trend Alerts – Stay Ahead of the Trends!
    Subscribe
    • Home
    • Trending

      14 Best Office Chairs of 2025— I’ve Tested Nearly 60 to Pick Them

      August 28, 2025

      Save 20 Percent on Our Favorite Android Earbuds

      August 28, 2025

      Wahoo Kickr Run Review: a (Mostly) Screen-Free Treadmill

      August 27, 2025

      Google Will Make All Android App Developers Verify Their Identity Starting Next Year

      August 27, 2025

      Lenovo IdeaPad 5i 2-in-1 Review: Barely Squeaking By

      August 26, 2025
    • Worldwide

      American Natural Gas Demand Poised for Historic Highs in 2025

      August 28, 2025

      The Trans Mountain pipeline is delivering

      August 28, 2025

      Dialog’s earnings stay steady amid strong storage demand

      August 27, 2025

      Saudi Crude Shipments to China Poised to Fall in September

      August 27, 2025

      How Zelensky Made Progress With Trump

      August 20, 2025
    • Finance

      Electric Vehicle vs. Gas Car Calculator

      August 27, 2025

      Which one to choose for gold exposure in 2025?

      August 26, 2025

      Can ChatGPT be your financial advisor and manage money?

      August 25, 2025

      How Tariffs Will Affect This Unique Cheese

      August 21, 2025

      4 ways to increase your credit score and get lower loan interest

      August 13, 2025
    • Business

      How to Overcome Personal Branding Challenges

      August 26, 2025

      Brand Extension Strategies That Drive Market Expansion

      August 21, 2025

      The Best Ways to Infuse Personal Authenticity into Your Brand

      August 20, 2025

      How to Develop an Effective Brand Architecture Strategy

      August 14, 2025

      What Are the Benefits of Interpersonal Influence?

      August 12, 2025
    • News

      World’s Most Unbelievable Events That No One Expected

      March 16, 2025

      Biggest Space Discoveries That Went Viral This Year

      March 16, 2025

      AI Just Did This! The Most Shocking AI Development Yet

      March 16, 2025

      Mind-Blowing Tech Innovations That Went Viral in 2025

      March 16, 2025

      Top 10 Viral Moments That Broke the Internet in 2025

      March 16, 2025
    Trend Alerts – Stay Ahead of the Trends!
    Home»Trending»A Livestreamed Tragedy on X Sparks a Memecoin Frenzy
    Trending

    A Livestreamed Tragedy on X Sparks a Memecoin Frenzy

    Elon MarkBy Elon MarkMarch 20, 2025No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    This story contains mentions of suicide. If you or someone you know needs help, please call 1-800-273-8255 for free, 24-hour support from the National Suicide Prevention Lifeline.

    Twenty-three-year-old Arnold Robert Haro addressed his final words to the phone in his hand. “If I die, I hope you guys turn this into a memecoin,” he said. Then Haro took his own life.

    Haro died on February 21 at his family home in Madera County, California, a death certificate obtained by WIRED shows. His suicide was broadcast live to his followers on X, where he went by the handle @MistaFuccYou. Footage of Haro’s death has since been removed from the platform, but the incident was briefly listed in its trending tab.

    In the hours after Haro’s death, people created dozens of memecoins—a type of highly volatile crypto coin used as a vector for financial speculation—modeled after him. Sensing an opportunity to profit, traders piled into one of the coins in particular, driving its value to $2.1 million in aggregate. (The coin has since lost 96 percent of its value.)

    On X, some tried to argue that whoever was behind the MistaFuccYou coin had duly granted Haro’s final wish. But most denounced the impulse among traders to try to profit by his death. “If you’re trading this, you’re sick af,” wrote one user.

    Speculation ran rampant on X that Haro had ended his life because he had lost money to a memecoin rugpull—a maneuver whereby somebody creates a new coin, promotes it online, then sells off their holdings in one swoop, devaluing everyone else’s stake. WIRED was unable to confirm whether this had happened to Haro, but his friends have disputed the narrative. “It had nothing to do with crypto … It’s not what all these crypto nerds seem to think,” one of Haro’s friends, who goes by j nova on social media, told WIRED. Haro’s family, meanwhile, has described his death as the result of “his battle with depression.”

    The incident captures in microcosm the race to the bottom in memecoin trading circles, where only the most heinous and morally bankrupt ideas are now rewarded with attention, says Azeem Khan, cofounder of the Morph blockchain and venture partner at crypto VC firm Foresight Ventures.

    “We’ve reached the point where the most potentially exciting launch that people are looking at is Kanye trying to launch a Swastika coin,” says Khan, in reference to now-deleted X posts made by an account associated with the artist Kanye West. “That’s how terrible this space is.”

    Until last year, launching a memecoin was relatively expensive and technically burdensome, which meant few came to market. Only Dogecoin—the original memecoin—and a handful of derivatives had any sort of longevity.

    That equation was reversed with the arrival of Pump.Fun, a platform that makes it simple for anyone to launch a memecoin at no cost. Since Pump.Fun launched in January 2024, many millions of memecoins have flooded the market, among them the coins modeled after Haro.



    Source link

    Frenzy Livestreamed Memecoin Sparks Tragedy
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleAfter Israeli Strike Kills More Than 400, Palestinians Tally the Dead
    Next Article How to Build a Brand Community Engine
    Elon Mark
    • Website

    Related Posts

    14 Best Office Chairs of 2025— I’ve Tested Nearly 60 to Pick Them

    August 28, 2025

    Save 20 Percent on Our Favorite Android Earbuds

    August 28, 2025

    Wahoo Kickr Run Review: a (Mostly) Screen-Free Treadmill

    August 27, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    10 Trends From Year 2020 That Predict Business Apps Popularity

    January 20, 2021

    Shipping Lines Continue to Increase Fees, Firms Face More Difficulties

    January 15, 2021

    Qatar Airways Helps Bring Tens of Thousands of Seafarers

    January 15, 2021

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo

    TrendAlerts is your go-to platform for the latest trending news, covering global events, technology, business, entertainment, and more. Stay informed with real-time updates and in-depth analysis on what’s shaping the world today! 🚀

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Top UK Stocks to Watch: Capita Shares Rise as it Unveils

    January 15, 2021
    8.5

    Digital Euro Might Suck Away 8% of Banks’ Deposits

    January 12, 2021

    Oil Gains on OPEC Outlook That U.S. Growth Will Slow

    January 11, 2021
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Trend Alerts. All Rights Are Reserved.
    • Home
    • Trending
    • Worldwide
    • Finance
    • Business
    • News

    Type above and press Enter to search. Press Esc to cancel.