Luigi Mangione Meme Coin: Shocking Rise & Fall

The Meteoric Rise and Crash of $LUIGI The cryptocurrency market witnessed a dramatic spectacle with the emergence and subsequent collapse of Luigi Inu ($LUIGI). This meme coin experienced a breathtaking ascent, reaching a market capitalization of $60 million in a remarkably short time, only to plummet just as swiftly. This extraordinary volatility wasn't driven by innovative technology or a robust business model, but rather by a confluence of factors centered around the arrest of Luigi Mangione and the ensuing social media frenzy....

February 8, 2025 · 4 min · 740 words · Helen Brown