Is the “meme coin” crazy totally out of control?
This seems like a clear signal it might be.
The suspected killer of the UnitedHealthcare CEO, Luigi Mangione, is the subject of a new meme coin and it’s total market cap value has already surged to $24.5 million, which is insane (but that’s not even the end of the story, keep reading to see it hit $50 million next).
Our friends over at ProCoinNews had more details:
Memecoin Named After UnitedHealthcare CEO Shooting Suspect "Luigi Mangione" Reaches $24.5 Million Market Cap
Altoona police in Pennsylvania have arrested 26-year-old Luigi Mangione, the person of interest in the deadly shooting of UnitedHealthcare CEO Brian Thompson.
Just minutes after Luigi Mangione was identified as the suspect in the shooting, a memecoin called "Luigi Mangione" was launched on Pump.Fun on Solana blockchain.
Currently, the market cap of "Luigi" is at $24.5 million.
Take a look:
Luigi Mangione Hits $24.5 Million Market Cap In Less Than 2 Hours $Luigi pic.twitter.com/u9jONq4ZVU
— Anthony Scott (@AnthonyScottTGP) December 9, 2024
In less than two hours, $LUIGI Luigi Mangione crosses the $20 million market cap. pic.twitter.com/vzWHSuz2mU
— STAY WINNING PODCAST (@staywinningpod) December 9, 2024
Per CNN:
Altoona Police arrested 26-year-old Luigi Mangione, the person of interest in the fatal shooting of UnitedHealthcare CEO Brian Thompson, New York City Police Commissioner Jessica Tisch said in a news conference Monday.
“At this time, he is believed to be our person of interest in the brazen, targeted murder of Brian Thompson, CEO of UnitedHealthcare, last Wednesday in midtown Manhattan,” Tisch said.
Mangione was arrested on firearms charges, Tisch said. NYPD detectives are on their way to Pennsylvania, where they hope to interview the suspect further, she noted.
Mangione was found carrying multiple fraudulent IDs, a US passport, a firearm and suppressor “consistent with the weapon used in the murder,” Tisch said.
Multiple sources briefed on the matter also told CNN the man being held in connection with the killing is Luigi Mangione.
$luigi will reach 100M
Save tweet.
— Slothy (@getslothy) December 9, 2024
UPDATE:
“Luigi Mangione” Coin Gets Listed On Major Exchange After Hitting $50m Million Market Cap
"Luigi Mangione" Coin Gets Listed On Major Exchange After Hitting $50m Million Market Cap
"Luigi Mangione" Coin Gets Listed On Major Exchange After Hitting $50m Milion Market Cap
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