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Posted: 2025-05-22 09:45:32 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-22 09:45:51 UTC
Verified By
Rollup News
This update discusses the launch of $VIRGEN, a memecoin with no utility, designed to attract more users to the Virtuals community. The tokenomics are designed for decentralization, and the team is focused on building $VADER. The launch includes airdrops, which may cause initial sell pressure, but this is seen as beneficial for long-term token health. Virtuals Protocol has no official affiliation with $VIRGEN, and the admin key will be transferred to community members.
$VIRGEN is a memecoin with 0 utility.
Tokenomics designed for decentralization.
Airdrops may cause initial sell pressure.
Virtuals Protocol has no official affiliation with $VIRGEN.
Admin key will be transferred to community members.
Potential sell pressure from airdrop recipients.
High volatility in the initial hours and days.
Lack of official affiliation with Virtuals Protocol.