Bitcoin might already be on a downward turn (at least for now). However, Theresa May coin is currently on the up.
Yes, the British Prime Minister has been featured into the cryptocurrency world in yet another example of the crypto craze.
Who would not approve of going to all that extra effort just for a pun regarding being strong and stable?
And it is gone from strength to strength: its market cap went over the $400,000 mark during the past few days (insert own joke regarding a magic money tree).
The said coin was created in 2017, even though too little fanfare came as it did before the trend for said cryptocurrency actually took off. However, no one has placed their name to the joke unlike Dogecoin, the fellow “joke” cryptocurrency, with not even a single hint through a code repository, domain register, or other online presence.
The use case for Theresa May coin is not clear exactly – but then, the same could actually be said about any number of cryptocurrencies that is existing in the market.
However, not so for TrumpCoin, which might go some way to justifying why it is ahead in the rankings of world leader cryptocurrency. According to Coinmarketcap, the namesake coin of the President of the United States of America has a market cap amounting to $1.8m. It is described as a “cryptopac” – which funds a political action committee (PAC) – that is aiming to “make crypto great again.”
Emmanuel Macron, the French President, has also elicited his own cyrpto coin, that currently has a market cap of $2.3m.
But the most valuable world leader cryptocurrency of all, which is worth $7m, is actually PutinCoin, that is named after Vladimir Putin, the President of Russia.