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TUCKER Fell 45% After Tucker Carlson's Interview with Vladimir Putin
02/09/2024

TUCKER Fell 45% After Tucker Carlson's Interview with Vladimir Putin

02/09/2024
4,3

Inspired by American journalist Tucker Carlson, the TUCKER coin plummeted 45% in value following the release of an interview with Russian President Vladimir Putin.

The cryptocurrency market is expressing its disappointment with Tucker Carlson's recent interview with Vladimir Putin. The good journalistic work that Tucker used to drum up interest in the upcoming interview caused a public outcry. Tucker's Tucker-inspired eponymous coin has plummeted 45% in price over the past 24 hours. At the time of writing, TUCKER was trading at $0.00003578. 

Source and Copyright © TradingView

Tucker Carlson has spoken out in favor of Bitcoin and cryptocurrencies many times in the past and has earned the trust of the crypto industry. He has repeatedly referred to Bitcoin as a defense against government overreach. Carlson is also convinced that regulators demonstrate their fear of a decentralized alternative to monetary instruments by presenting cryptocurrency as a tool for criminals.

Cryptocurrencies inspired by famous personalities have nothing to do with real people except its name. This is a marketing strategy of some projects that seek to generate buying interest and attract more participants. In reality, this kind of cryptocurrency asset class has no real value, and pricing is based only on news agenda. For example, it was only yesterday that TUCKER saw a daily growth of 37%, and today the coin is suffering heavy losses, which is rather reminiscent of a "dump and dump" pattern.

Investors should exercise caution and remember the importance of DYOR.


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