England player memecoins tank ahead of crunch EURO 2024 clash
Fan tokens based on members of England’s Euro 2024 team, including Jude Bellingham, manager Gareth Southgate, and captain Harry Kane, have all tanked in price ahead of the make-or-break quarter-final clash against Switzerland on Saturday. The tokens were created to cash in on the hype around the quadrennial tournament. However, it didn’t take long for them to be labeled as scams. Indeed, speaking about Captain Harry Kane token ($CHK), Russian cybersecurity provider Kaspersky said: “Hackers are taking advantage of the popularity of Euro 2024 to sell personalized coins featuring the most popular players, promising impressive returns.” The coin has dropped almost 99.9% since its all-time high on June 6. Branding of the Captain Harry Kane coin. Other tokens based on the squad, including $JUDE (Jude Bellingham) and $GARETH (Gareth Southgate) haven’t faired well either. Bellingham managed to save England from an embarrassing tournament exit with a spectacular last-minut...