🚀 Memecoin mania strikes again! This time, it's all about Sam Bankman-Fried's 25-year prison sentence. A cheeky developer launched "Sam Baseman Fraud" (FTX) on Coinbase layer-2 network Base, and it skyrocketed over 23,300% in just 7 hours! 😂 But, as memecoins do, it crashed 85% within 3 hours.
- Another SBF-themed memecoin, "Som Bonkmon Fraud," launched on Solana (SOL) and initially surged 18,000% before plunging 95%.
- These tokens join a growing list of political and crypto figurehead-inspired memecoins.
- Remember, memecoins are hyper-speculative and often have no utility or base valuation. Invest wisely!