The WallStreetBets case is serious business, but CoinMarketCap has decided to break the ice and do a parody. The information service on the bitcoin and cryptocurrency markets “listed” a fake token called WSB as a prank on visitors to its website.
Those who tend to check the prices of crypto assets very early were surprised this Friday, January 29. The platform not only teased the spread of the fictitious token, but also put it above bitcoin.
Upon entering the token link, to learn more details about WSB, the company clarifies that it is a joke and that there is no such cryptocurrency. However, to follow the tone of jocularity spread data and characteristics of the supposed cryptoasset.
«All his memes belong to us and to the Charmander-marth !!!!! 111. We are looking for the alpha and the beta master. Please note that this is a joke – there is no such asset. If you see projects with similar names, please do your due diligence and do not get involved in anything associated with this page », highlighted the platform in its message to users.
The reference to “Charmander-marth” would be related to Chamath Palihapitiya, CEO of Social Capital and one of the first senior executives that Facebook had. The billionaire recently made a reference to the price of bitcoin, saying mistrust of political leaders was pushing its price higher, according to a report by CryptoNews.
CoinMarketCap WSB Token with ‘stable price’
The supposed token exhibits a single price of $ 483 as if it were a class of stablecoin. Although it would be a presumed new crypto asset, the price shows a growth of 1162% for the last week and a market capitalization of nearly $ 25 billion.
Other details of the fake WSB token is that it shows a fixed trading volume of 100 million dollars and a circulating of 51 million units. The logo that accompanies the alleged project is the same as the one shown by WallStreetBets, a man in an executive suit and dark glasses.
This is not the first time that CoinMarketCap jokes with facts related to the bitcoiner ecosystem, of finances in general or even by the pandemic and the infectious disease COVID-19. In April of last year and on April Fool’s Day, the platform listed the Toilet Paper Token (TPT).
At that time the TPT was also placed above bitcoin, but with a price of $ 1.64 per unit. The cryptoasset in a supposed great popularity was already sold out for its commercialization in the markets.
Reddit user group WallStreetBets garnered worldwide media attention for organizing to buy shares in video game chain GameStop. The securities reached prices not seen in a long time, which caught the attention of regulators and even the White House.
