The NFT market was flooded with NFTs of Queen Elizabeth II.-FinanceSpiders

The NFT market was flooded with NFTs of Queen Elizabeth II.-FinanceSpiders

Queen Elizabeth II died at age 96. She ruled a country for 70 years and 214 days. During her reign, 90% of English people approved of the monarchy.
 

The crypto market has witnessed tens of freshly produced Queen-related meme coins and hundreds of non-fungible tokens (NFTs) portraying her photos in less than twenty-four hours following the passing of Queen Elizabeth II. This is a record number of new meme currencies.

The information that was obtained through the Dex Screener indicated that crypto degenerates had flooded the cryptocurrency market with meme-themed tokens. Some examples of these tokens are Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down, and Rip Queen Elizabeth.
 

In just one day, the Queen Elizabeth Inu saw a surge of 28,506%.

According to data provided by Dex Screener, the Queen Elizabeth Inu token that is traded on the PancakeSwap platform that is powered by Binance Smart Chain has been the most popular token in terms of sales activity during the past day. 
 

The value of the token with a meme theme has increased by more than 28,506%. The value of the cryptocurrency token is currently hovering somewhere around $0.000800 at the time of this writing.

Following Queen Elizabeth Inu, which has drawn more than $2.7 million in trade volume in less than 12 hours, the Elizabeth token has also emerged in the list of the top-selling tokens with a trade volume of $391,000, placing it a significant distance behind Queen Elizabeth Inu. During the same time period, the value of the digital asset increased by 8,442%, arriving at $0.059931.

The rest in peace (RIP) Queen Elizabeth NFT project has also sprung up within hours of the news of the death of Queen Elizabeth II on OpenSea, which is one of the largest non-fungible token (NFT) marketplaces.

The Rally of Queen Token Draws Intense Conversación On the Internet. Despite this, the most recent rally of the Queen tokens has generated a lot of heated commentary on the internet. 
 

A user on Reddit with the username "woliphirl" joked that he was "bullish" that the United Kingdom would adopt Queen Elizabeth II meme tokens as their national currency in the coming weeks. His statement was posted on social media.

In response to this, a another member on Reddit stated that he felt really humiliated by the fact that the cryptocurrency sector is currently being inundated with queen meme tokens. More than 520 collections of NFTs depicting the queen in a frightening light have already been crafted by crypto degens who are obsessed with the cryptocurrency.
 

The death of Queen Elizabeth II occurred when she was 96 years old. She held the position of monarch in England for a total of 70 years and 214 days, making her the monarch with the longest reign in the history of a sovereign nation. During her reign, Queen Elizabeth was accorded full support from the populace and maintained approval rates of the monarchy at approximately 90%.

 

Another token with a meme theme that is currently making waves in the cryptocurrency industry is called Tamadoge. Through its token presale, Tamadoge has already accumulated more than $13.4 million in funding.
 

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