As a seasoned researcher with extensive experience in the tech industry and blockchain space, I find the recent global Microsoft outage and the subsequent memecoin surge around CrowdStrike and related tokens on Ethereum and Solana quite intriguing. This event underscores the power of social media hype and speculation to create sudden market fluctuations.
During the recent widespread Microsoft outage causing disruptions across multiple industries, there have been reports of several meme tokens being released on both Ethereum and Solana blockchains. Among these memecoins, CrowdStrike token (STRIKE) gained significant traction and reached a market capitalization of over $1 million.
According to DEXTools’ data analysis, tokens associated with CrowdStrike, Microsoft, blue screen of death, and BSoD have been distributed across various blockchain platforms.
It’s astonishing how much liquidity, valued at around $50,000 in stablecoins, has accumulated for tokens such as CrowdStrike on Ethereum. This rapid growth has even led to market capitalizations reaching impressive heights of up to $1 million.
Investors are eagerly buying and selling these tokens, fueled by the belief that they can make a quick profit from the buzz and excitement surrounding the Microsoft outage on social media.
Based on my personal experience and observation of the crypto market, I’ve noticed that not all tokens listed on decentralized exchanges maintain their value over time. In fact, many of them experience a significant price drop once the hype surrounding their launch subsides. It’s important to approach such investments with caution and do thorough research before making any decisions. My advice would be to consider diversifying your portfolio and investing in established coins or tokens that have proven themselves in the long term. Remember, it’s always better to be safe than sorry when dealing with the volatile crypto market.
The worldwide IT failure has significantly disrupted various industries and organizations, including airlines, healthcare facilities, stock exchanges, financial institutions, and the tech sector. As reported by Microsoft, several of their services were impacted, such as PowerBI, Microsoft Fabric, Microsoft Teams, the Microsoft 365 admin center, Microsoft Purview, and Viva Engage.
Some reports attribute the outage to a faulty update from CrowdStrike software.
The worldwide Microsoft service interruption was allegedly connected to problems with CrowdStrike, a well-known antivirus software provider. Defects in CrowdStrike’s kernel driver reportedly caused widespread disruptions, resulting in unexpected shutdowns of Windows systems. Microsoft is working diligently to resolve the situation, and CrowdStrike has clarified that it was not a result of a cyberattack or hack.
Read More
- BODEN PREDICTION. BODEN cryptocurrency
- GHST PREDICTION. GHST cryptocurrency
- BETA PREDICTION. BETA cryptocurrency
- STRD PREDICTION. STRD cryptocurrency
- Mango Markets Exploiter Found Guilty Of Fraud And Manipulation
- GBP EUR PREDICTION
- MATIC PREDICTION. MATIC cryptocurrency
- LOOKS PREDICTION. LOOKS cryptocurrency
- BRN/USD
- TNSR PREDICTION. TNSR cryptocurrency
2024-07-19 15:00