CandleFocus

LUIGI hits all-time high at $60M market cap after Luigi Mangione’s arrest for murder

Luigi Inu, a memecoin inspired by Luigi Mangione, has reached a new all-time high in market capitalization, hitting $60 million. This increase in value is correlated with Mangione's arrest for the murder of Brian Thompson, the CEO of UnitedHealthcare. The connection between Mangione and the memecoin has boosted its popularity. However, experts warn about the risks of investing in memecoins, as they lack fundamental value and stability. Some traders are actively supporting the anti-establishment concept behind Luigi Inu, while others condemn the incident and seek justice for the victim. A new token called $BRIAN has also emerged, aiming to bring justice to Brian Thompson.

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