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In the meme coin world, we’ve encountered all manner of themes, with some more outrageous than the rest. Now, we have a meme coin designed around beer that aims to unite people through enjoyment and merrymaking.
BEERCOIN is the latest addition to the Solana-based meme coin family. Similar to other Solana meme coins like WIF and BOME, it notched monumental gains within a short period of its debut. However, the token suddenly slumped, wiping out over 80% of these gains within days, followed by a controversy pointing to sabotage from the inside.
Let’s explore BEERCOIN — and learn why it’s causing such a buzz in the meme coin world.
Key Takeaways:
BEERCOIN is a Solana-based meme coin that’s designed to embrace the partying culture of beer lovers.
It entered the market in late May 2024, gaining over 6,300% within three weeks of entry. However, BEERCOIN lost over 80% of its value in June amid allegations of a rug pull.
You can buy the BEER token on Bybit as a Perpetual contract, or on Solana DEXs through your Phantom wallet.