Memecoins
CrowdStrike Global Outage Triggers Unusual Meme Frenzy
Godfrey Benjamin
Meme coins flourish due to Microsoft and CrowdStrike outages
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A reported global internet outage has affected many real-world services, sparking an unusual meme frenzy. Notably, dozens of meme coins themed around internet services company CrowdStrike and Microsoft’s “Blue Screen of Death” BSoD error are now available dominator THE Ethereum and Solana blockchains.
CrowdStrike: Widespread impact on services
According to a report, millions of Windows users around the world have been victims of a computer glitch and have encountered the Blue Screen of Death error. The Blue Screen of Death triggers a sudden reboot of a computer system running on Windows or triggers a sudden shutdown.
The software glitch has caused a major disruption to schedules and operations, with stock exchanges, railways and airlines struggling to cope with the challenge. Olivia SolonBloomberg technology reporter, said a previous announcement at London’s Heathrow Airport encouraged passengers to “Google your gate number.” She said the blue screens of death were everywhere in the terminal.
Despite the widespread outage, there have been no reports of any crypto-related businesses or companies experiencing outages or errors on their services.
Meme coins capitalize on the outage
However, in an attempt to take advantage of this major software issue, tokens referencing STRIKE, CrowdStrike, BSoD, Microsoft and bluescreenofdeath have been issued. These are currently being traded, according to data from DEXTools and DEXScreener.
Interestingly, some of these tokens have liquidity reaching $50,000 in stablecoins and market caps in the $1 million range on paper. Given that Microsoft and CrowdStrike are buzzwords right now, the crypto ecosystem is determined to benefit while it lasts.
Against solid fundamentals on which Shiba Inu and Dogecoin are founded, Pump Fun, the Solana-based token generator, has allowed its users to create hundreds of memes referencing Microsoft and CrowdStrike. While the hype may die down in a few days, the creators of these memes and early buyers have been known to reap significant profits before they lose their trending value.
About the Author
Godfrey Benjamin
Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was born when, as a former banker, he discovered the clear advantages of decentralized money over traditional payments. With his extensive experience in covering various aspects of Web3, Godfrey’s articles have been featured on Blockchain.news, Cryptonews, and Coingape, among others.