Could a potential outbreak spark a new wave of meme currency?


Coins linked to the virus have already accumulated a market cap of millions of dollars.

The cryptocurrency community, especially some of the memes, have a weird sense of humor and often try to capitalize on events that pose a real danger to humanity.

The Hantavirus, which recently killed some people on a cruise ship, is just another example. Cryptocurrencies linked to the infection are already emerging, while some market watchers believe the potential outbreak could actually be a bullish factor for the cryptocurrency sector.

A blessing in disguise?

The conflict in the Middle East has been overshadowed recently by other major news stories, namely the Hanta virus, which has occurred so far He claimed The lives of three people. A Dutch-flagged cruise ship that left Argentina and traveled across the Atlantic Ocean saw a cluster of infections with the Andean strain, which first emerged when a Dutch passenger became ill and later died on board.

Many other people disembarked on St. Helena and other locations, and some developed symptoms after returning home, leading to additional deaths and hospitalizations. The ship eventually reached Cape Verde and later the Canary Islands, while multiple countries, such as the United States and the United Kingdom, quarantined former passengers due to the virus’s rare ability to spread between people. What makes the situation even more alarming is that the infection (which was likely transmitted from mice) has a fatality rate of about 40%.

While the world hopes this doesn’t turn into a new COVID-19 disaster (or even worse), some members of the cryptocurrency community have reacted to the threat rather strangely. X idontpaytaxes and edward users, for example, Presumably The potential spread of the Hanta virus could stop everything, leading to a “giant meme cycle.”

For their part, the person using the nickname Orange Hopes This infection will not spread and push the world into another lockdown. However, if this happens, they noted that “crypto volumes would probably go absolutely crazy” because everyone would be stuck at home and looking for distractions.

In light of recent events, it is important to recall how the market reacted to the Coronavirus at the beginning of 2020. In mid-March of that year, the World Health Organization declared the spread of the disease a global pandemic, Cause Bitcoin will collapse by almost 50%. However, the underlying cryptocurrency quickly recovered from the knockout and saw a significant rise in the following years.

You may also like:

Another thing savvy cryptocurrency enthusiasts tend to do during such turbulent periods is launch trending meme coins to make a quick buck. Data suggests that tokens like HANTA (whose logos feature rodents) have already emerged, with some amassing market caps in the millions.

Hanta meme coinsHanta meme coins
HANTA Meme Coins, Source: GeckoTerminal

Over the years, meme creators have managed to break even In capital letters On the deaths of public figures, including Hulk Hogan and Queen Elizabeth, to make easy money.

Covid-19 2.0 or not?

Hantavirus is actually more dangerous than the coronavirus, which paralyzed normal functioning around the world in the early 2020s. It kills 4 out of every 10 infected people, while the fatality rate from the original Covid-19 strain is about 1%.

However, Hantavirus is much less contagious than other infections, because it requires close and prolonged contact with a sick person to transmit it. In addition, people can only spread the virus when they are severely ill, not before symptoms appear.

World Health Organization recently He insisted The risk of Hantavirus spreading into a deadly global outbreak is “extremely low.” The issue also reached the White House with President Donald Trump Confirming “Hopefully it’s pretty much under control.”



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *