The suspect related to the murder case of the CEO of a major insurance giant has caused a surge in meme coins, sparking industry discussions on ethical boundaries.

2024-12-11 00:10:22

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According to the DL News report on December 11th, after the murder of UnitedHealthcare CEO Brian Thompson on December 4th, the suspect Luigi Mangione’s related meme coin LUIGI quickly gained popularity on Solana on-chain, and its Market Cap once soared to 77 million dollars, then sharply fell to 17 million dollars.

Another Token ‘Deny. Defend. Depose’ related to the case (derived from the words found on the shell casing at the crime scene) had a Market Cap reaching 3.4 million USD, which has now dropped to 836,000 USD. 8 related betting markets appeared on the prediction market Polymarket, with a total bet amount of nearly 500,000 USD, among which the bet amount for ‘What will Luigi Mangione say in the declaration?’ reached 56,000 USD.

Industry insiders commented on this: “Solana meme coin once again proves to be the best source of news, and Luigi Mangione’s related Token was launched within minutes of the incident.” However, such meme coins based on violent events have sparked discussions within the industry about ethical boundaries. Previously, meme coins with racist undertones, such as issuance, have been banned in the UK on platforms like pump.fun.

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