Memecoins impressed by the late wrestling legend Hulk Hogan and Black Sabbath rocker Ozzy Osbourne skyrocketed as tributes flooded over the 2 well-liked icons’ deaths this week.
Terry Bollea, higher identified by his wrestling ring identify Hulk Hogan, was reportedly pronounced lifeless in a hospital on Thursday on the age of 71 after medics arrived at his dwelling to reply a name a couple of attainable cardiac arrest.
It comes simply days after Ozzy Osbourne, the hard-partying frontman of English rock band Black Sabbath, handed away on Tuesday on the age of 76.
Hogan was probably the most well-known wrestler within the WWF, now WWE, throughout the Nineteen Eighties, and had a profession that spanned many years, each within the ring and throughout tv and movie.
Osbourne, usually nicknamed the Prince of Darkness, is taken into account a legend within the music world and is seen as an iconic heavy steel musician. Black Sabbath is estimated to have offered 75 million albums globally.
Hulk, Ozzy memecoins soar
A Wrapped Ethereum (wETH) token known as Hulkmanaia (HULK) rose over 122,000% at its peak to commerce at 0.001335, in accordance with information aggregator DEXTools. It was solely created eight hours in the past.
On the identical time, cash that seem like attempting to make use of Osbourne’s likeness have additionally popped up, with one referred to as The Mad Man (OZZY) pumping over 16,800% to commerce at $0.003851 and hit a market cap of $3.85 million.
His passing additionally sparked a surge within the non-fungible token market as followers rushed to buy one of his official CryptoBatz assortment.
Not one of the new tokens are linked to the estates of both man, and a number of other have disappeared nearly as rapidly as they appeared, likely rug pulls.
One other Hogan coin launched final yr
A Solana memecoin, HULKAMANIA (HULK), launched on June 6 final yr, has spiked over 2000% within the final 24 hours, to commerce at $0.0006146, and attain a market cap of over $500,000, in accordance with DEXTools.
Regardless of the spike, it’s nonetheless removed from its $18.8 million market peak, which it reached after Hogan’s X account promoted the token final yr. The posts had been later deleted, and Hogan claimed the posts weren’t made by him.
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Memecoins usually observe well-known deaths
This isn’t the primary time a flood of memecoins has been made following a well-known loss of life.
Memecoins utilizing the identify and contours of former NFL participant and convicted felon OJ Simpson appeared quickly after he died in April 2024. Former US Secretary of State Henry Kissinger’s loss of life in November 2023 additionally spawned a number of memecoins in dangerous style.
In the meantime, followers of each Osbourne and Hulk flooded in tributes this week, calling the wrestler the best of all time and the musician a one-of-a-kind rock god.
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