Queen Elizabeth’s death was announced by Buckingham Palace on Friday. Queen Elizabeth’s death sparked a flood of condolences from around the world. At this time, it was also used as a money making opportunity. Here are the details…
Moneyeyes capitalize on Queen Elizabeth and her death
Queen Elizabeth, Britain’s longest-reigning monarch, a symbol of the nation and a glorious presence on the world stage for 70 years, passed away on Thursday at her home in Scotland. She was 96 years old. Reuters quoted the new king Charles, Queen Elizabeth’s eldest son, as saying: “The passing of my beloved mother, Her Majesty the Queen, is a time of deep sadness for me and my entire family.”
The death of the queen is a historical event. It’s also a time for opportunists to make some extra money quickly. More than 40 cryptocurrencies and an NFT were issued on Ethereum and Binance Smart Chain for Elizabeth shortly after her death was announced, people who never miss a chance to enjoy the public attention. “Rip Queen Elizabeth”, “Queen Elizabeth Inu”, “God Save The Queen”, “Queen Doge”, “Elizabeth II”, “London Bridge Is Down” and “Queen Inu II” are among the meme coins that have emerged immediately.
NFT for Queen Elizabeth launched
Other meme coins named after the new monarch, King Charles III, were also quickly released. DexScreener shows that at least 40 different meme coins have been created in the last six hours. As this develops, in the past two months Queen II. An Ethereum NFT project that has produced dozens of tribute artworks to Elizabeth is holding the final auction for the collectible today. Queen Elizabeth launched her auctions in early July, offering a single Ethereum NFT portrait of the deceased queen as a sign of respect.
After hearing the news of the Queen’s death, the project announced that the current auction for the 73rd Ethereum NFT in the collection will be the last to be awarded as part of the original package. “Sleep on Ethereum forever” reads in the project’s Twitter bio. Since their reveal, “Save The Queen” and “Queen Elizabeth Inu” have handled around $700,000 and $200,000 in trading volume, respectively. At the time of this writing, the price of QEInu is up 23,270 percent on Binance Smart Chain and 3,707 percent on Uniswap. On the other hand, the price of STQueen tokens increased by 1,515 percent.
Queen meme coins pissed some people off
A collection titled “RIP The Queen Official” was announced less than an hour after the BBC reported the queen’s death. This collection has already started selling 8,000 digital artworks. Meanwhile, not everyone is happy with the Queen’s inclusion in NFTs. The cryptocurrency community has reacted negatively to the projects. “We have to stop this crypto bullshit,” said Byzantine General, a trader. “You’re going to hell,” said ThreadGuy, an NFT aficionado, after learning about the NFT collection.
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