• smokebuddy [he/him]@lemmy.today
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    3 months ago

    there was a Let’s Go Brandon coin that I only ever heard of because they announced a deal to sponsor a NASCAR team then were eventually rejected, so they cried about cancel culture and sued NASCAR https://www.miaminewtimes.com/news/nascar-sued-over-lets-go-brandon-coin-fiasco-16416730

    The combined value of the meme coins, branded around the popular anti-Joe Biden catchphrase, plummeted from an estimated $570 million to near zero after the sponsorship went belly-up. The market for the digital currency — which apparently hinged on the hope that the “Let’s Go Brandon” logo would be plastered all over a NASCAR racecar — vaporized in a matter of weeks.

    afaik this is the first actual official DJT crypto other than two rounds of NFTs, and I’ve followed his scams pretty closely