Mark Longo launched a cryptocurrency called "#JUSTICE" and plans to sue the PNUT community, claiming they profited from his animal events. This action has sparked various controversies and backlash, especially after Mark Longo sold the donations he received, attracting more attention.
Market Performance
According to the latest news, "JUSTICE" is a meme coin issued on the Solana chain, with a market capitalization exceeding $110 million. Within just 13 hours of its launch, the token's trading volume reached $46.7 million. Currently, there are 9,011 addresses holding the coin. However, this token has no practical use cases at the moment, so its price is highly volatile, necessitating cautious investment.
Controversies and Risks
The launch of "JUSTICE" has a complex background, involving legal disputes between the founder and the PNUT community, as well as social media pressure. On one hand, some believe this is a strategy by the founder to gain profits; on the other hand, due to the instability of the meme coin market and the lack of clear commercial use, investors should exercise extra caution.
Investment Advice
Considering the above information and the inherent high risk of meme coins, if one decides to participate in such token trading, thorough research and risk management are essential. As an emerging token, the value of "JUSTICE" still needs time to verify its release, and the current market dynamics may fluctuate extremely, requiring investors to stay alert to relevant news and updates.
—AICoin Ace智搜