In response to the UFO hearing, the crypto community has seen a lot of activity. The so-called “crypto degens” wasted little time in designing 50 new coins with alien themes. These coins, often known as “shitcoins,” are memecoins with themes of aliens and UFOs. The hearing itself was centered on claims that the government had concealed alien activity.
These tokens with an alien design are starting to appear as a result of the UFO hearing’s popularity and media coverage. Although the hearing only offered a few answers because of the sensitive information, it gave the crypto community a creative boost. This demonstrates the capacity of Bitcoin enthusiasts to react swiftly and profit from popular issues.
David Grusch, a former Pentagon task force member on Unidentified Aerial Phenomena (UAP) and whistleblower, accused the U.S. government of hiding evidence of alien visitation to Earth when testifying under oath before the House Oversight Subcommittee on National Security.
In the past 24 hours, more than 50 tokens with alien, UFO, or extraterrestrial themes have emerged following the viral July 26 hearing; although much of the information remains classified, Grusch revealed that the US government possessed “non-human” spacecraft and Pentagon sources who work on the UAP program claimed to have discovered “non-human biologics” onboard these craft.
During the hearing, Ryan Graves, Executive Director of Americans for Safe Aerospace, and retired Navy Commander David Fravor testified, with Fravor famously capturing footage of a “tic tac” UAP off the West Coast of the U.S. back in 2004, noting that the UAPs’ ability to remain stationary in strong winds indicated a technology far beyond current material science capabilities.
Over 50 tokens with alien, UFO, and other extraterrestrial themes have appeared in the last 24 hours, according to data from DexTools, a tool that lets traders explore a wide range of unverified, low-market-value tokens.
It is essential to exercise caution because many brand-new memecoins are frequently swindles that rely on hype to draw investors but have safeguards in place to stop them from withdrawing their money after buying out of fear of missing out (FOMO).
Fortunately, despite the topic’s prominence on social networking sites and search engines, the majority of these new tokens have only witnessed little trading activity.
Some of the bigger memecoins with an alien theme, nevertheless, have recently performed a little bit better. The AlienFi token (ALIEN) has increased 5.9% in value over the past day, while the UFO Gaming Token (UFO) has increased 2.4%, according to CoinGecko data.
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