Bybit LearnTopicsLatest HappeningsBlogBybit GuidesExpertsEcopedia
Log In
Sign Up
Topics MemesCurrent Page

BEERCOIN (BEER): From Frothy Peaks to Flat Lows

Beginner
Memes
Explainers
Altcoins
Jul 23, 2024
5 min read
0

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.

Grab Up to 5,100 USDT in Rewards

Also, enjoy 555% APR on Bybit Earn products!

Start Earning Now