CrowdStrike and Meme Tokens Flood Solana and Ethereum

photo_2024-07-19-14.00.57.jpeg

All this is happening amid a global Internet outage.

Some of these tokens have stablecoin liquidity of up to $50,000, and their market capitalization quickly reaches $1 million on paper. Dozens of new crypto tokens dedicated to the Internet company CrowdStrike and the infamous Microsoft “Blue Screen of Death” (BSOD) error have been released on the Ethereum and Solana blockchains amid reports of a global Internet outage affecting several real-world services.

Millions of Windows users worldwide are experiencing the BSOD error, causing sudden shutdowns or system reboots. The error has impacted various enterprises, from airlines and railways to stock exchanges, and is reportedly linked to a botched software update from CrowdStrike.

As of Friday morning in Europe, no cryptocurrency-related companies reported any errors or disruptions in their services.

Data from DEXTools and DEXScreener shows that tokens related to CrowdStrike, STRIKE, Microsoft, bluescreenofdeath, and BSoD have been issued and actively traded, as investors hope to profit from the short-term attention to these themes.

Some of these tokens have stablecoin liquidity of up to $50,000, and their market capitalization quickly reaches $1 million on paper. CrowdStrike and Microsoft appeared to be the most popular themes. The Solana-based token generator Pump Fun allowed users to create hundreds of tokens referencing various memes mentioning these companies.

scroll to top