Jakarta, Pintu News – Fortnite recently added a fake crypto token called Dill Bits in Chapter 6: Season 2 as a joke about the cryptocurrency world.
Shortly after, some traders created a real version of this token on Solana through the Pump.fun platform. Within a short period of time, Dill Bits (DB) reached a market capitalization of nearly $4.78 million, although it eventually fell dramatically within a few hours.
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Dill Bits started out as a joke within Fortnite, but for some, it became an opportunity to create a real meme coin. After launching on the Solana platform, the token quickly caught on and its price skyrocketed.
One trader reportedly made a profit of $69,000 after buying $7,845 worth of tokens when they first launched. Although the token’s market capitalization briefly reached $4.78 million, its price subsequently plummeted by more than 90%, causing many investors to incur heavy losses.
This phenomenon illustrates how volatile the meme coin market is, which is often influenced by temporary trends and social media hype. In this case, elements in games like Fortnite inspired many traders to create new meme coins.
However, as seen in the example of Dill Bits, rapid gains are often followed by sharp drops, showing just how speculative the world of meme coins can be in the crypto market.
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Although Dill Bits originated as an inside joke in Fortnite, its success shows how much influence social media and gaming have in creating hype for cryptocurrencies. Previously, other crypto tokens were inspired by Fortnite, such as the Fortnite Token , which was launched in 2022.
These tokens received backlash from Tim Sweeney, CEO of Epic Games, who called them a “scam.” Cases like this show how gaming and cryptocurrencies are often embroiled in controversy over potential misuse and speculation to the detriment of many.
One of the reasons why these tokens are attractive is how easy it is for anyone to create a crypto coin. With platforms like Pump.fun, anyone can launch a token without needing in-depth technical knowledge.
However, this also raises a big problem: Without enough oversight, many tokens are created just for quick profits without any long-term value.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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