LMAO! Revives After Creator Doubles Down on the Community
Summary
• Influencer @slingdeez launched LMAO! on October 17, using the name and emoji to mirror the internet’s classic “laughing my ass off” expression.
• After peaking at a $4.4M market cap then dropping to $200K, LMAO! rebounded to $3M following visible buybacks from @slingdeez and renewed activity.
Read the full story
LMAO! was launched by @slingdeez on October 17. The coin's name plays directly on the phrase “LMAO.”
Recently, @dxrnell, a well-known crypto influencer, shilled LMAO during a post where he talks about being hated by Crypto Twitter for a recent PVP between two coins named 'Same Coin', which divided the trenches and led to Darnell receiving hate.
After the fallout of the trench-wide PVP, @TheMisterFrog used the opportunity to satirically bull-post LMAO.
Sling has been consistently posting about LMAO! after parting ways with the Unstable Coin community, where he helped lead the project to a $77M market cap. He was also involved in pushing Titcoin, but more recently shifted from community builder to frequent coin launcher. Now, he's made it clear that LMAO! is his main focus.
Shortly after launch, LMAO! hit a $4.4M market cap before dropping sharply to around $200K. It resurfaced after @slingdeez began buying it back, with visible clips up to $15K, pushing the market cap to $3M.
