HULK & OZZY Memecoins Jumps 122,000% After Celebrity Deaths

Osbourne’s passing also drove a spike to over 650% in his CryptoBatz NFT collection, as fans sought digital mementos. However, these tokens are unrelated to the estates of either icon, and many have vanished, likely as rug pulls or scams An older Solana-based memecoin, HULKAMANIA (HULK), launched June 6 last year, also spiked over 2,000% in 24 hours to $0.0006146, with a market cap exceeding $500,000. Last year, a cryptocy called HULKAMANIA peaked at $18.8 million in value after posts on Hulk Hogan’s X account promoted it. Those posts were later removed, and the account clarified that it wasn’t officially endorsed by Hogan’s team. 

When famous people pass away, their new memecoins often appear, and their prices increase fast. This occurs because some people try to cash in on public emotions and the attention after a celebrity’s death, aiming to make fast profits. Hogan ruled the wrestling world in the 1980s with WWF (now WWE) and appeared in movies and TV, while Osbourne, known as the Prince of Darkness, led Black Sabbath, a heavy metal band that sold about 75 million albums worldwide.