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"Higher Market Cap, More Attractive" - Boy Pulls His Mother to Promote Meme Coin LiveMom, Hot Live Broadcast Seeks Investment

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"Higher Market Cap, More Attractive" - Boy Pulls His Mother to Promote Meme Coin LiveMom, Hot Live Broadcast Seeks Investment

An unusual incident involving a meme coin occurred on the Australian live streaming platform Kick, where a young boy and a middle-aged woman claiming to be his mother live-streamed for an hour promoting the meme coin "livemom." The boy and the woman continuously promoted "livemom" to viewers, urging them to invest. Whenever they reached a certain market value milestone, they would complete various "tasks." For example, the woman would change into sports underwear, the boy would eat dog food, and the woman would do squats in sports underwear, and so on.

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An unusual incident involving a meme coin occurred on the Australian live streaming platform Kick, where a young boy and a mature woman claiming to be his mother live-streamed promoting the meme coin "livemom" for an hour. The boy and the woman continuously promoted "livemom" to viewers, urging them to invest. Each time the coin reached a market value milestone, the boy and the woman would complete certain "tasks," such as the woman changing into sports underwear, the boy eating dog food, and the woman doing squats in sports underwear.

As the coin price rose, the two eventually ended the live stream and deleted their accounts. Despite a temporary price drop, the value continued to rise, reaching a market value of 1.7 million USD at the time of reporting.

While live streaming for donations is common, the issuance of a meme coin to seek investment, especially by a child and his mother, is a unique and bizarre occurrence.

Some netizens sarcastically commented that they had never seen anything representing the industry like this before. Others remarked that such incidents indicate a regression in the cryptocurrency community.

Meme coins have faced criticism for their proliferation, but their rapid price surges have attracted many speculative investors who see it as a worthwhile gamble.