Tragically, Charlie Kirk, a notable conservative figure who founded Turning Point USA, lost his life due to gunshots at a public gathering in Utah on September 10, 2025. This shocking incident ignited strong reactions and indignation throughout the political spectrum.
President Trump called it a “dark moment for America” and promised to find those responsible.
Even as people grieve, an unsettling contrast is seen within the cryptocurrency realm. Instead of showing empathy, opportunists have seized the moment to introduce meme tokens, aiming to capitalize on the misfortune. Let me delve deeper into this phenomenon for you.
Crypto Tokens Explode After Kirk’s Death
As a curious crypto investor, I recently noticed an intriguing trend while scanning through DexScreener data. It appears that several “Justice for Charlie” tokens suddenly emerged following the latest news, and remarkably, some of these tokens have skyrocketed more than 10,000% in the past 24 hours. This swift surge is certainly capturing my attention!
On the platform Solana’s pump.fun, tokens such as “RIPCharlieKirk” and “JusticeforCharlie” experienced significant and rapid increases in value within a few hours, reaching massive market capitalizations worth millions of dollars. Similarly-themed tokens also appeared on other platforms, displaying extreme fluctuations in price.
Refrased version: How unfortunate that the death of Charlie Kirk at 31 is being exploited by Solana memecoin developers, treating it as a chance to make money.
— Justin Wu π (@hackapreneur) September 11, 2025
Creator Makes $300K In An Hour!
People on platform X swiftly voiced their opinions, chastising the developers for exploiting a tragic situation for financial gain.
One user pointed out that the developers of the Solana meme coin appeared to use Kirk’s passing as an opportunity for a successful launch, which many people considered extremely inappropriate and unethical.
Remarkably, it’s said that a token creator pocketed approximately 300,000 dollars in fees within an hour following the release of a coin themed around Charlie Kirk.
Guy who made the Charlie Kirk token made like 300k in creator fees in an hour.
Holy shit.
— GRITCULT (@GRITCULT) September 10, 2025
Beware of Scams and Insider Dumps!
In simpler terms, the financial authority overseeing cryptocurrencies, known as Crypto Rug Muncher, cautioned that a majority of popular CHARLIE Kirk coins might be fraudulent. It was pointed out that the largest token’s key players are withdrawing hundreds of thousands of dollars from their investments.
It’s worth noting that GMGN has identified approximately 700 new digital wallets, a development that frequently indicates a grouping together of assets, or what is commonly recognized as a concerning pattern known as bundling.
A Familiar Hype-and-Crash Pattern
This is not the first time tragedy-driven tokens have gone viral.
Just recently, “Justice for Iryna” tokens followed the same path, spiking on hype before crashing.
It’s estimated that the creators of both the Charlie Kirk and Iryna tokens have earned close to 2 million dollars so far, leading to significant ethical questions about profiting from tragedies and conflict.
Essentially, these politically sensitive assets are more about short-term market speculations than long-term investments. They often gain momentum with sensational news, but usually fail to maintain their worth once the initial excitement subsides.
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2025-09-11 14:59