Conor McGregor Meme Coin Flops After Launch: Why Celebrity Cryptos Are Failing? 🤔
The recent launch of MMA champion Conor McGregor's meme coin, REAL, has not lived up to its expectations. Despite the hype often surrounding celebrity-backed tokens, REAL quickly flopped after entering the market. This failure casts doubt on the credibility and future of such celebrity cryptocurrencies, which have faced scrutiny following similar outcomes with others, including a meme coin associated with US President Donald Trump.
This trend suggests that the initial allure of celebrity endorsement is insufficient to guarantee the success of a crypto project, as issues of market trust and sustainability come into play.
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