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Market News

Solana Meme Coin Creators Brawl Live to Promote Token

The solana meme coin developers aimed for a $69K market cap but fell short, though rematch might be coming.

Written By Ezra Kaimenyi
Published May 14, 2024 6:16 PM·Updated 2 years ago
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Solana Meme Coin Creators Brawl Live to Promote Token

Two creators of the Solana meme coin, FADELIVE, staged a live-streamed boxing match to promote their token. Wearing balaclavas and Everlast boxing gloves, the pair fought in a tiled dining room, hoping to boost their coin’s market cap. After only a few minutes on the streaming platform Kick, the token hit a $30,000 market cap, earning a featured spot on Pump. Fun.

This clash was billed by the developers as “two of the deadliest fighters battling it out to see who takes over Solana.”

The livestream, which showcased a one-handed fight initially billed as “Friendly Fades,” quickly escalated into a more intense brawl. Despite their efforts, the fight ended abruptly when one of the fighters lost a tooth, prompting concerns about needing medical attention.

The creators’ goal was to reach a $69,000 market cap, which would allow the token to be listed on Raydium, a Solana decentralized exchange.

The token creators didn’t achieve the viral success needed and earned nothing close to Tyson Fury’s estimated $150 million earnings this weekend after a fight with Alexander Usyk. It’s unclear if the creators will fight again, but their X and Kick accounts remain active, hinting at a possible rematch. For now, Red Shorts holds the title of Solana’s boxing champion.

Also Read: Toncoin Skyrockets 15% Ahead of NOT Launch.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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