Monday, December 5, 2022
HomeCrypto NewsHuobi Global Lists DIE After Vitalik Buterin Joke

Huobi Global Lists DIE After Vitalik Buterin Joke

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Huobi Global joins the list of exchanges to support the latest meme coin craze.

In a tweet hours ago, leading crypto exchange Huobi announced that it was listing DIE, the latest meme coin inspired by a Vitalik Buterin tweet, in less than 24 hours of the token’s creation.

It is worth noting that yesterday, tweeting about THE Protocol (THE), which roughly translates to DIE in German, joked that calling a crypto DIE is even funnier in Chinese.

As is the pattern now, in less than 2 hours, a protocol named DIE was created and outfitted with a Twitter page and website to boot. And in less than 24 hours, the protocol already commands a market cap of over $11 million as crypto degen traders who do not mind jumping into risky crypto projects with little information ape in hoping to ride on the wave of excitement from the Buterin influence.

Notably, the latest meme coin has already attracted listings from other well-known exchanges like MEXC Global and Hotbit.

DIE Protocol comes just days after THE Protocol was launched similarly from the idle musings of the Ethereum founder. Notably, THE managed to print 1000% gains on Tuesday, as reported by Nansen. Meanwhile, DIE in the last 24 hours has surged by over 5,700%, according to data from DEXTOOLS.

Like THE and Shiba Inu before it, the team behind DIE claims to have sent a percentage of the supply to Vitalik Buterin.

DIE is currently trading at the $0.000002059 price point, with Uniswap accounting for over 90% of its volume.

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Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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