Huobi Global has joined the list of cryptocurrency exchanges supporting the crypto community’s passion for the $DIE meme token.
A few hours ago, the leading crypto exchange Huobi announced on Twitter that its team, less than 24 hours after the creation of the token, posted a $DIE meme-coin inspired by Vitalik Buterin’s tweet.
New Listing on Huobi$DIE @DieProtocol
Deposits open soon
Trading starts soon after https://t.co/fAldo732tn#newlisting pic.twitter.com/dm9cVfrDw6— Huobi (@HuobiGlobal) October 21, 2022
The birth of the $DIE meme-token provoked a joke on Twitter between user @haramhartmut and Vitalik Buterin about the $THE meme-token, where the Ethereum co-founder commented on the semantic similarity of THE and DIE definite articles, and also that in the Chinese version, the sound of the meme would be even funnier.
Actually now that I think about it, calling a cryptocurrency $DIE is even funnier in Chinese.
— vitalik.eth (@VitalikButerin) October 20, 2022
The non-binding dialogue between two users of the social network caused great enthusiasm for the cryptocurrency community and the hope of making money against the backdrop of Buterin’s influence.
Less than two hours after the tweets appeared, a protocol called DIE was created, equipped with page on Twitter and a download website, and the market cap of the meme currency quickly topped $11 million.
The desire of crypto traders, who are ready to invest in risky crypto assets with little information and historical data, was supported by a number of cryptocurrency exchanges.
At the time of writing, $DIE was listed on the Huobi, Bitmart, MEXC, Hotbit, LBank, BKEX, AAXchange, ZT Exchange, and BTCex exchanges.
According to DEXTOOLS, demand for the $DIE meme token has increased by more than 5,700% over the past 24 hours.
Like THE and Shiba Inu meme projects before, the DIE Protocol team claims to have sent some of the tokens to Vitalik Buterin.
$DIE is currently trading at $0.000002059 per digital coin, with Uniswap accounting for over 90% of the token supply.
Commenting on the explosive growth in popularity and value of meme tokens in the cryptocurrency market, a number of experts are of the opinion that meme cryptocurrencies are attracting the attention of the community. However, the lack of real scenarios for their use subsequently leads to an inevitable reduction in the price of many mem coins.
Source: Bits
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