#The.death of a famous
#investors. causes a crazy rise in a
#digital.currency by 31,500%!
_We never thought that people could make so much money from someone's death. However, the price of the digital meme currency “
#Monger ” rose strongly by about 31,500% after the announcement of the death of the famous American investor. The death of Charlie Munger, one of the legendary investors in the American market, led to the rise of the cryptocurrency bearing his name “Munger”. It was able to achieve 400% growth in just 24 hours. Even more interestingly, right after its launch last Wednesday, it recorded an increase of 31,500%.
The cryptocurrency was able to attract trading volumes estimated at about $3.7 million last Wednesday. Sometimes these nascent digital currencies rise at first, but this rise does not last long, as their price quickly falls hours after achieving record highs, as the benefit lies in the initial explosion of the digital currency and after that it witnesses massive waves of selling. Charlie Munger was not an investor who prefers to invest in cryptocurrencies, as he considers them to be an “illusion” and does not hold anything positive.
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