A meme coin called AB, promoted by celebrities such as Neymar Jr and Roger Waters, failed to gain traction and has been labeled as the "saddest launch" by experts. The token currently has a market cap of only $19,000 and just 26 holders. It seems that the promotion of meme coins by celebrities may be losing its appeal, as previous instances of such launches have resulted in market caps in the millions. The posts promoting the token on Twitter are believed to be part of an organized hack, with multiple high follower accounts posting the same contract address. This failure is seen as a sign that the trend of celebrity meme coins may be over.



Other News from Today