The Queen’s Crypto Legacy: Meme Tokens and NFTs Flood the Market

Estimated read time 3 min read

The Aftermath of a Royal Passing in Crypto

Following the demise of Queen Elizabeth II, crypto enthusiasts—often referred to endearingly (or not) as ‘degenerates’—have jumped into action. Over 40 new Queen-related meme tokens have graced the crypto markets, like a regal parade of NFTs, all clamoring for attention and profitability. Who knew a monumental event could lead to a crypto gold rush?

The Rise of the Royal Meme Tokens

In just 24 hours, names like Queen Elizabeth Inu, Save the Queen, and even London Bridge is Down have stormed decentralized exchanges on the BNB Smart Chain and Ethereum. The sheer creativity is mind-boggling, as many attempt to pay tribute in the most capitalistic way possible. Can we expect a formal acknowledgment from Buckingham Palace on these endeavors? I mean, it would be quite the unexpected royal decree!

Eye-Watering Price Surges

The Queen Elizabeth Inu token saw a staggering 28,506% increase, now sitting at a respectable $0.00008000. Remember: it’s not about the decimals, it’s about how many zeros are behind those digits! However, Elizabeth token dominated with a hefty $2.7 million in trade volume within half a day. With liquidity levels at $17,000 and $204,000 respectively, these tokens might be as stable as a teetering stack of royal china!

The Crypto Community Chimes In

Of course, the well-known crypto community on r/Buttcoin couldn’t resist cracking a joke, with one user quipping that the UK might soon adopt the Queen Elizabeth II Commemorate token as their national currency. Ah, the humor! While some find it embarrassing or even disheartening for the industry, others bask in the absurdity. Decentralized humor is *something else*, isn’t it?

Unearthing the NFT Scene

Meanwhile, NFT marketplace OpenSea exploded with its own queen-centric collection—the RIP Queen Elizabeth project. A total of 520 NFTs featuring artistic yet sinfully quirky renditions of the late queen have emerged, though they appeared to need an audience as they’ve only raked in about $101 in sales. Maybe the crypto community prefers their NFTs a bit more… upbeat?

The Queen’s Legacy in Numbers

To honor the actual history behind the meme, let’s not forget Queen Elizabeth II was the longest-serving monarch in British history, reigning for a magnificent 70 years. For now, she is remembered not just for her immeasurable contributions, but also for indirectly fueling a wave of meme tokens and NFTs. I wonder what she’d think of all this hustle, but alas, the monarchy’s official stance on crypto remains a mystery!

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