Live tragedy on X ignites memorial rage

This story contains mentions of suicide. If you or someone you know you need help please call 1-800-273-8255 free, 24-hour support from National suicide prophylaxis rescue lineS

Twenty -three -year -old Arnold Robert Haro turned to his last words to the phone in his hand. “If I die, I hope guys turn this into a memon,” he said. Then Haro took his life.

Haro died on February 21 at his family home in Madera County, California, a death certificate derived from Wired Shows. His suicide was broadcast live on his followers of X, where he went with the @mistafuccyou handle. Haro’s deaths have been removed from the platform ever since, but the incident is listed briefly in his Trending TabS

In the hours after Haro’s death, people Created dozens of memetons– a type of highly volatile cryptocurrencies used as a vector for financial speculation – model after it. Feeling the opportunity for profit, traders accumulated in one of the coins, in particular, moving its value up to $ 2.1 million. (Since then the coin has lost 96 percent of its value.)

At X, some tried dispute that any behind the MistaFuccyou coin, he duly gave Haro’s final desire. But most denied the impulse among traders to try to profit from his death. “If you are trading this, you are sick with AF”, ” wrote one user.

The speculation was growing on X that Haro had ended his life because he had lost money from Memoen Ragpool, a maneuver in which someone creates a new coin, promoted it online, and then sells his performances in one leg, depreciating all others. Wired failed to confirm whether this had happened to Haro, but his friends had challenged the story. “It had nothing to do with cryptocurrency … It doesn’t seem that all these cryptocurrencies think,” said one of Haro’s friends, who goes from J Nova on social media, “said Wired. In the meantime, Haro’s family described his death as a result of his “battle with depression.”

The incident captures the Microcosm race to the bottom in the trade circles of Memcoin, where now only the most abundant and morally bankrupt ideas are rewarded with attention, says Azeem Khan, co -founder of a blockchain and a partner of Crypto VC Forsight.

“We have come to the point that the most potentially exciting start that people are watching is Kanye trying to release a swastika coin,” says Khan, in connection with Now deleted x posts Made by an account related to the artist Kanye West. “Here’s how awful this space is.”

Until last year, the launch of Memecoin was a relatively expensive and technical loading, which meant that few hit the market. Only Dogecoin– The original memecoin – and a handful of derivatives There was some longevity.

This equation was turned with the arrival of Pump. FungaA platform that makes it simple for everyone to let memonoin without a price. Ever since Pump.fun started in January 2024, many millions of menmen have flooded the market, including coins modeled after Haro.