According to Decrypt, after the death of former US Secretary of State Henry Kissinger, multiple meme coins named after him emerged on major blockchain networks. According to GeckoTerminal data, the trading volume of these Kissinger meme coins exceeded $307,000 in the past 24 hours. The largest of these is the Wrapped Ethereum token traded on Uniswap, with a trading volume of $254,000. It rose by more than 5,700% within an hour after going online, but then fell sharply, with a 24-hour increase of 177%. In addition, there are newly minted Kissinger coins traded on Solana's Raydium and BNB Chain's PancakeSwap. These coins are a growing trend in the crypto space: investors take advantage of unexpected events to create highly volatile tokens. These meme coins usually soar and plummet in a short period of time, and anonymous creators often "cut leeks", and the price bottoms out within a few days.

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