Business Economics

‘Let’s Go Brandon’ Cryptocurrency Crashes – Has ZERO Value As MAGA Faithful Watch Their Money Vanish

Some of the MAGA faithful thought they’d found the perfect way to make money while also indulging their bizarre need to insult President Joe Biden with their childish “Let’s go Brandon” chant, which is actually just a publicly acceptable substitute for “F*ck Joe Biden.”

Of course, thanks to the First Amendment that right-wingers love to attack by banning books from schools and libraries, they already had the right to say almost anything they want about any public figure, including telling the president to go f*ck himself.

So it must have sounded like a Trumppublican dream come true when someone created a cryptocurrency and tagged it “LGB” to represent their favorite childish attack on the man who beat the brakes off their beloved Donnie Dotard, a.k.a. the twice-impeached one-term former president.

Their crypto coin dreams, however, have gone up in smoke, like nearly everything that carries the name of their tangerine god, according to Zachary Petrizzo of The Daily Beast:

The MAGA-themed “Let’s Go Brandon” Ethereum cryptocurrency has fallen on tough times.

So much so that the value of all 330 trillion coins totals just a few thousand dollars combined, according to the trading sites CoinMarketCap and Crypto, a far cry from the days of pro-Trump investors believing they could strike it rich in the ever-complex world of crypto.

That represents a 99.5 percent decline over the last 30 days, leaving a singular LGB coin effectively worthless.

99.5% decline in a mere 30 days. Hell, even Trump University lasted longer than that.

What happened? Simple: The creators of the LGB coin tried to tap into a thin vein of hatred that was certain to grow cold in short order:

“They tried to monetize on a viral outbreak. Did it surprise me when something without value shot up and immediately shot down upon release? No,” said David Silver, an attorney who has represented aggrieved crypto investors since 2014.

When the coin was first released in January of this year, it had what’s known as a “liquidity pool” value of $6.5 million, which isn’t too shabby for a new cryptocurrency that came out of nowhere.

Many investors are (as you’d expect) crestfallen, with one noting their 73 million coins now had a total value of $1.66, which isn’t enough to purchase so much as a swizzle stick at Starbucks.

But despite the collapse of LGB coin, the geniuses behind the failed idea tried to buck up their investors, sending out a tweet that read:

“Sometimes you just need to have faith and [hold on for dear life].”

Sounds like it’s time to rename “Lets go Brandon” coin to “Let’s go broke.”


By Andrew Bradford

Proud progressive journalist and political adviser living behind enemy lines in Red America.

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