Crypto Vultures Exploit Charlie Kirk’s Death With Viral Meme Coins-Rock Bottom?

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Opportunists Launch Meme Coins Mourning Charlie Kirk’s Death, New Low?

On September 10th, Charlie Kirk, the founder of Turning Point USA and a well-known conservative activist, tragically lost his life during a public gathering in Utah. This incident garnered notice from U.S. President Donald Trump, causing a significant stir within the political sphere. Regrettably, certain individuals from the cryptocurrency world have exploited this unfortunate event to introduce meme coins.

Charlie Kirk Meme Coins

Upon the passing of activist Charlie Kirk, Trump expressed his sentiment as a “gloomy time for America.” Additionally, he pledged an effort to identify and bring to justice those accountable for this event.

As a researcher delving into the dynamic world of cryptocurrencies, I’ve observed an unsettling phenomenon following the tragic events surrounding Charlie. Amidst widespread sorrow, opportunists in the crypto sphere swiftly capitalized on the situation, launching meme tokens associated with the tragedy. Data from DexScreener reveals that numerous “Justice for Charlie” tokens surfaced shortly after the news break, with some soaring over 10,000% within a day. This rapid growth showcases how such unfortunate events can be exploited in the crypto market.

On the meme token platform pump.fun of Solana, coins like RIPCharlieKirk and JusticeforCharlie witnessed substantial increases, reaching millions in market value within a short period. Additionally, comparable tokens popped up on various other platforms, experiencing severe price fluctuations.

I hate all this seriously

Charlie Kirk gone at just 31, leaving behind his wife and kids

Meanwhile, memecoin devs are spinning up tokens to profit off the tragedy

Tells you everything about how broken parts of this space are

Solana memecoin devs see it as a payday

How…

— Justin Wu π (@hackapreneur) September 11, 2025

Critics among the users of X strongly disagreed with the trend, accusing developers of taking advantage of a tragic situation for financial gain. However, one user argued that the creators of the Solana memecoin did not act unethically when they used Kirk’s death as a starting point for their project.

It’s been noted that a single creator amassed approximately $300,000 in fees, all within the first hour of introducing a coin themed around Charlie Kirk.

Creator mints 300K in Charlie Kirk-themed coin | Source: GritCult

Scams and Rug Pull Chances Emerge

The cryptocurrency monitoring entity, Crypto Rug Muncher, issued a cautionary statement. It seems many popular tokens associated with Charlie Kirk might be fraudulent. Notably, those in charge of the biggest token have already earned and withdrew considerable sums, potentially in the hundreds of thousands of dollars.

The analytics service GMGN sounded warnings, highlighting the unexpected emergence of over 700 new digital wallets, suggesting possible coordinated strategies or signs of impending exit scams, akin to the speculative price manipulations commonly observed in the cryptocurrency market, often referred to as pump-and-dump cycles.

Lately, the value of “Justice for Iryna” tokens experienced a surge due to speculation, only to subsequently plummet. Experts approximate that the team behind not just the “Charlie Kirk”, but also the “Iryna” tokens have collectively raked in close to $2 million.

As a cryptocurrency investor, I’ve learned the hard way that political tokens can be risky and fleeting investments. These digital assets often experience sudden spikes in value due to sensational news, but unfortunately, they struggle to maintain their worth in the long run.

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2025-09-11 21:01