In the tempestuous sea of “India’s Got Latent,” a flotilla of sham memecoins, helmed by the name of the estimable Ranveer Allahbadia (Beer Biceps), has been launched on the vessel Pump.fun, each one riding the waves of the unfolding melodrama.
Amongst this nautical nonsense, two buoys bobbed with particular buoyancy: BEERBICEPS and the poetically titled Justice for Ranveer Allahbadia (JFRA). The former, BEERBICEPS, swelled with a 35% surge before it sank back to its watery depths just as swiftly. 🍺💪
In a similar fashion, the JFRA token experienced a brief 22% pump before it too succumbed to the whims of the speculative tides. Both are now floating aimlessly with a market cap that could barely buy a decent used car—a mere $5,496, a number that whispers of the faintest of heartbeats in the crypto ocean.
As the Latent show’s hull was breached by the tide of Samay Raina’s and Ranveer’s less-than-savory comments, a flotilla of Samay Raina-themed counterfeits also emerged, each with a market cap that could perhaps afford a slightly better used car—$5,625.
The brouhaha began when the Latent show aired the contestants’ less-than-dignified treatment, prompting law enforcement to don their thinking caps. And like seagulls to a shipwreck, the crypto vultures swooped in with their JFRA token, a speculative spawn born from the womb of virality.
This is hardly a novel tale in the crypto archipelago. Just yesterday, as Elon Musk rechristened his X (formerly Twitter) vessel to “Harry Bolz,” a flotilla of Bolz-themed coins flooded the market quicker than you can say “crypto alchemy.” And when the news of Saif Ali Khan’s recent escapade broke, a fleet of Saif tokens appeared on Pump.fun, as predictable as the tides.
In this ever-viral world, memecoins have become the life rafts for traders, bobbing along on the wake of the latest sensation—real or imagined. BEERBICEPS and JFRA rose and fell in a trice, bouncing between a few speculators like rubber ducks in a child’s bath.
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2025-02-12 15:17