Livestreaming with meme coins became a popular trend this year after a mom promised sexual acts if her son’s meme coin, LiveMom, reached specific market caps. However, the pair ghosted without fulfilling the promise. This viral sensation led to the launch of copycat tokens like LiveSis and more outrageous acts, including a developer setting himself on fire for his coin, DARE.
Things took a dark turn when a dev for the DARE token went too far and doused himself in alcohol, causing third-degree burns. He later regretted his actions and left the project. Another dev, known as Crack Head Dev, engaged in self-destructive behavior on livestreams for his token, CHD, leading to concerns about the impacts of meme coin hype on individuals’ well-being.
One YouTuber, Normie, broke the world record for the longest time spent sitting on a toilet while promoting his token, Shitcoin. This extreme stunt pushed him to his limits, causing potential brain damage from lack of sleep. Another dev pretended to be a dog locked in a cage, promising acts if his token hit certain milestones, showcasing the lengths some would go for attention and profit in the crypto space.
The dark side of the livestreaming meta also included instances of gun violence, animal abuse threats, and even faked suicide attempts. One dev shot a pistol on camera while under the influence, while others threatened violence against animals unless their tokens reached certain market caps. A particularly disturbing incident involved the beheading of a chicken on a live stream, crossing ethical boundaries in the pursuit of profits.
Ultimately, the dangerous and unethical behaviors displayed in the cryptocurrency livestreaming trend highlight the need for responsible engagement in the crypto space. While some may find entertainment in degenerate acts, it’s essential to prioritize the well-being of individuals and animals. The examples of extreme behavior in the name of meme coins serve as a cautionary tale about the potential consequences of unchecked speculation and hype in the cryptocurrency market. Let’s enjoy the frenzy of the crypto world responsibly and respect the boundaries of ethical behavior.