Buterin’s tweet about a new meme token, DIE, has seen a gain of almost 5,500%. However, some people believe the coin to be a bubble.
Another meme currency was made thanks to Vitalik Buterin. The crypto community developed the token DIE in response to another tweet a few days later, humorously speculating that there would be a project named “The Protocol,” which was meant as mockery.
Actually now that I think about it, calling a cryptocurrency $DIE is even funnier in Chinese.
— vitalik.eth (@VitalikButerin) October 20, 2022
The creators launched social media profiles and websites for the Die Protocol quickly. Unsurprisingly, the price of the coin has increased. DEXTools, reports that the coin has increased by around 5,500% in the past 24 hours. At the time of writing, DIE’s price is $0.000002104.
In addition to being a meme coin, the token has been listed on a number of significant exchanges, including Huobi and MEXC, which is one of the factors contributing to its rapid growth.