Massive Rise in Meme Coins Following Microsoft and CrowdStrike System Malfunction
After global media reported a massive malfunction of information systems and modules of the corporation Microsoft caused by software from CrowdStrike, the cryptocurrency market was flooded with meme coins related to these events. Tokens with names like CrowdStrike, STRIKE, Microsoft, Bluescreenofdeath (BSOD), and others, created on the Solana and Ethereum blockchains, began to spread rapidly.
Significant Trading Volumes and Market Capitalization
Interest in these meme coins sharply increased, leading to significant trading volumes. Some tokens reached a trading volume of $500,000, and the CrowdStrike token saw a growth of over 8000%, according to data from the Dextools platform. Due to low liquidity in the market, even small trades can cause significant fluctuations in the price of these tokens.
The market capitalization of CrowdStrike and Microsoft meme coins exceeded $1 million. Analysts note that these tokens have become especially popular among traders looking to profit from the wave of news about system failures in information systems. Market participants are actively releasing new meme coins to take advantage of the current situation.
Potential Decrease in Popularity after System Issues are Resolved
The creation and placement of new tokens on decentralized exchanges have become easier thanks to platforms like PumpFun, allowing even novice users to quickly launch their own meme coins.
However, despite the current hype, the popularity of these meme coins may decrease significantly once the massive failure is resolved by developers at CrowdStrike and Microsoft. Temporary trends in the crypto market often do not last long, and with the restoration of normal IT system operations, interest in such tokens may wane.