NFT Industry Witnesses Swarms of NFTs Featuring Queen Elizabeth II
A few hours following Queen Elizabeth II’s death, the crypto space saw several exclusively made meme tokens based on Queen as well as many non-fungible tokens (NFTs) displaying her pictures. Data provided by Dex Screener validated that the crypto market was engulfed with meme-themed tokens like Rip Queen, London Bridge is Down, QueenDoge, Save the Queen, and Queen Elizabeth Inu, Elizabeth, and so on.
The Queen Elizabeth Inu Sees 28,506% Rise within Twenty-Four Hours
As per Dex Screener, the token called Queen Elizabeth Inu was launched on PancakeSwap (which is based on the Binance Smart Chain) and has turned into a prominent selling token during the previous 24 hours. The meme token has elevated its valuation by up to 28,506%. Presently, the crypto coin fluctuates near $0.000800. The Elizabeth token has additionally become a part of the well-known trading tokens and its trade volume touched $391,000, distantly chasing the token Queen Elizabeth Inu.
This has allured a trading volume of above $2.7M within twelve hours. An increase of 8,442% has been experienced by the digital asset at $0.059931 during the same time. A famous NFT project “rest in peace Queen Elizabeth” on OpenSea has additionally escalated following Queen’s death. However, due to the recent upsurge of the Queen-based tokens, a lot of discussions have been made online.
Queen Token’s Upsurge Ignites Online Debates
While making remarks on social media, “woliphirl” (a Reddit consumer) joked that the meme token Queen Elizabeth II will be adopted by the United Kingdom shortly as a national currency because of its bullish performance. Another social media customer responded to this and mentioned that a lot of embarrassment has been experienced by him while seeing that the market of cryptocurrency is seeing the floods of meme tokens based on the queen.
The cumulative number of the collections of NFTs (related to the queen) has crossed the figure of 520. When the Queen died she was 96 years old. She is considered to be the longest-serving monarch in the history of sovereign countries. She served for seventy years as well as 214 days in the country. Complete support was provided to the Queen by the residents and during the reign thereof she kept the rates of monarch approval at 90%.
