On November 6, 43 rhesus macaques escaped from the Alpha Genesis Research Center in Yemassee, South Carolina, leading to a sharp rise in the value of monkey-themed #Memecoins🤑🤑 . This is reported by Decrypt.
Specifically, the Solana-based Monkey (MONKEY) token rose 49% on November 7. Apes Go Bananas (AGB) in the same period showed a daily growth of 14%.
Social network X users have put forward theories as to why the animals escaped. Some suggested a government conspiracy to prevent the inauguration of President-elect #donaldtrump .
Meanwhile, the Yemassee Police Department warned residents about the dangers of approaching the macaques and advised them to report their whereabouts to 911.
The company Alpha Genesis uses monkeys in clinical trials of drugs, including for the treatment of brain diseases.
Recall that in mid-September, the investor spent 6 $SOL
($815) to buy 30.1 million meme tokens Moo Deng, named after a popular baby hippo from Thailand. At the end of the same month, the asset valuation reached $9.4 million.