Numerous conservative figures are pushing cryptocurrency cash primarily based on the favored “let’s go Brandon” chant.
Political pundit Candace Owens and Ryan Fournier, founding father of College students for Trump, are among the many excessive profile names to advertise separate “Let’s go Brandon” crypto cash.
The “let’s go Brandon” cash are named after the mantra utilized by Donald Trump supporters use as a direct substitute for the “f**okay Joe Biden” chant.
On Wednesday, Owens tweeted that she is “lastly into crypto” whereas tweeting that she is backing a Let’s Go Brandon coin buying and selling beneath the identify $LGB.
In keeping with Coinbase, one $LGB coin is at present value $0.000001, with its worth rising by greater than 37 p.c over the previous seven days.
On November 11, Hedge fund supervisor James Koutoulas tweeted that he made a donation of $25,000 value of the Let’s Go Brandon coin to Aquanauts Adaptive, a dive remedy program for veterans with disabilities.
“Blissful to announce my 2nd donation of 25k USD value of @LGBcoin_io to Aquanauts Adaptive @SCUBAPrograms who present dive remedy applications to veterans with disabilities. Unimaginable group of individuals close to and pricey to my coronary heart,” Koutoulas wrote.
Final week, Fournier shared a hyperlink from to right-wing media outlet The Submit Millennial one other Let’s Go Brandon coin, who say they donate cash to veterans charities as extra folks spend money on the forex
The second “Let’s Go Brandon” coin is at present buying and selling beneath the forex identify $FJB—an obvious abbreviation of “f**okay Joe Biden.”
In keeping with Coinbase, $FJB is at present valued at $0.00218, with the worth of Let’s Go Brandon! falling by almost 29 p.c prior to now seven days.
Talking to The Submit Millennial, the coin’s founder Grant Tragni stated that 5 p.c of each transaction is put aside for veterans, claiming the coin has already raised $50,000 for charity.
The web site additionally provides that the “Let’s Go Brandon” crypto will not be a “s**t coin”—a time period for a joke or meme cryptocurrency which has no precise inherent worth.
Earlier in November, a cryptocurrency impressed by the vastly profitable Netflix collection Squid Sport has misplaced nearly all of its worth because it was revealed to be an obvious rip-off.
The Squid Sport token had reached an all-time excessive of $2,861.80 on November 1 earlier than plummeting to nearly nothing after its creators withdrew round $3.3 million in funds.
The transfer the place a token’s creator doesn’t enable folks to resell their tokens after which trade their investments for actual life cash is called a “rug pull” in crypto circles.
The Let’s Go Brandon cryptocurrency assured any potential investor that “the rug will not be pulled” in a Q&A bit of their web site.
“Transparency and frequent updates on our Twitter web page. We are going to submit every part we’re doing so the buyers know precisely what’s going on.”
The @OfficialFJBCoin Twitter account at present has greater than 3000 followers.
