The crypto community never shies from deploying new cryptocurrencies which are themed on current occasions, and Halloween wasn’t any exception. The saw an increase of Halloween-themed cryptocurrencies wishing to profit from the hype round the festivities.
Halloween-themed cryptocurrencies took within the crypto ecosystem on Twitter, typically offering no real use situation or future for investors. Projects such as these possess a history of being sourced being an off-the-shelf product, which may be rapidly renamed and deployed within the free marketplace for buying and selling.
Our target is 50 millions market cap an .01$ cost
— Halloween Token (@CyberMetaWorld) October 28, 2022
Projects like Halloween Token, as proven above, emerged just days prior to the occasion using the sole reason for gathering $50 million in market cap. Halloween Spook, a task that popped on Sept. 2022, claims the status to be the “scariest meme token on Binance Smart Chain (BSC).” The work promotes Halloween Elon (SINK) token, which is dependant on a current “let that sink in” meme sported by Elon Musk.
ELON CHANGE HIS PROFILE PICTURE ! LFG ! ENJOY ! #Halloween #Binance #KuCoin #bscgemsx100 #crypto #Halloweentoken #meme #SINK #elonmusk
#elonmusktwitter #ShibaArmy #QOM #LUNACLASSSIC @shitcorpnews#halloweenfloki #saninu #efloki #twigeinu #twige pic.twitter.com/bIOx5diaCJ— Halloween Elon (@halloweenelonn) October 29, 2022
Found again around the BSC network was Halloween Wars Token, which blatantly shares its intent to “ride the hype of the items many claim is easily the most exciting season: halloween.” Despite no make an effort to market the work, the work acquired 17 supporters who remain vulnerable to losing their assets to promote capitulation.
Halloween wars
Halloween wars is really a community-centric and community-driven cryptocurrency project launched within the Binance Smart Chain network that aims to ride the hype of the items many claim is easily the most exciting season: halloween.
millions Mc Goal Before Halloween pic.twitter.com/ONQWsFGDkT— Halloween Wars Token (@HalloweenWar) October 8, 2022
Among the more powerful contenders this season was halloween bsc, another BSC-located project without any apparent goal looking for the investors.
Solid chart for all of us! get the word out and come along https://t.co/ExEahBwk4r pic.twitter.com/fVlbBhuR57
— halloween bsc (@HalloweenToken) October 10, 2022
As proven above, the work lately celebrated a brief bull run however a trace demonstrated no information on an ENDS/BNB (BNB) buying and selling pair on Binance or other buying and selling platform.
While cryptocurrencies themed on current trends have a tendency to spike in market cost, the surge is frequently restricted to a couple of days before the owner decides to spend and rug investors from making money. Consequently, it might be vital for investors to complete their research (DYOR).
Related: Cointelegraph Store introduces Halloween Crypto Monsters merch
Twitter hosts most the crypto world, with Elon Musk overtaking the social networking platform, crypto exchange Binance made the decision to lend support to developing crypto and blockchain solutions for Twitter.
As Cointelegraph reported, Binance Chief executive officer Changpeng Zhao committed to back Musk’s Twitter acquisition having a $500 million fund.
