Queen Elizabeth’s death ensues chaos as fake cryptocurrencies flood the market.

September 9, 2022

Crypto market saw over more than 40 new Queen-related meme tokens just after the death of Britain's Queen Elizabeth II.

New cryptocurrencies created include names such as Queen Elizabeth Inu, Queen Elizabeth Coin, and Spirit of Queen Elizabeth II.

Over 30 new Queen related tokens were launched on the Binance Smart Chain.

Queen Elizabeth Inu token on BSC-based Pancake Swap has gained over 28,000% in the last 24 hours.

The RIP Queen Elizabeth NFT project was also launched on OpenSea hours after Queen’s passing.

However, these Queen cryptocurrencies have little liquidation and likely to be just pump and dump schemes.

Queen Elizabeth II passed away on 8th September after serving as Monarch for 70 years and 214 days.