UFO Hearing Sparks Crypto Degen Frenzy: More Than 50 Alien Shitcoins Emerge
Following a recent hearing, where a former military intelligence officer turned whistleblower disclosed that Congress lacks information about unidentified anomalous phenomena (UAPs) or Unidentified flying objects (UFOs), crypto degen swiftly seized the opportunity and created multiple UFO-themed tokens to capitalize on the news.
The whistleblower alleged that executive branch agencies had withheld information about these mysterious objects for years.
In his testimony on July 26 before the House Oversight Subcommittee on National Security, David Grusch, a former Pentagon task force member on UAP and whistleblower, directly accused the U.S. government of concealing alien visitation to Earth.
When questioned about information on extraterrestrial life, Grusch stated that the U.S. has likely been aware of "nonhuman" activity since the 1930s.
Following the viral hearing on July 26, more than 50 new alien, UFO, and extraterrestrial-themed tokens, known as memecoins, have surfaced in the past 24 hours.
Tokens like "ALIENX," "UFO," and "ALIEN" have gained substantial attention from crypto degens on social media and search engines.
However, there are concerns about potential scams associated with these memecoins, as some are believed to be "honeypots" designed to lure investors with the theme's hype but with mechanisms preventing them from selling their tokens later.
Fortunately, most of these tokens have experienced minimal trading activity, suggesting that the crypto community is cautious when dealing with these speculative assets.
Despite the speculative nature of the new tokens, there were some modest performance levels. According to data from Dextools, the UFO Gaming Token (UFO) saw a 2.4% gain within hours, but as of now, the
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