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Arnold Robert Haro, twenty-three, sent his last words on the phone in hand. “If I die, I hope you transform it into the same,” he said. Then Haro committed suicide.
Haro died on February 21 in his family home in the county of Madera, California, a death certificate obtained by wire shows. His suicide was broadcast live to his disciples on X, where he went through the @mistafuccyou handle. Images of Haro’s death have since been removed from the platform, but the incident has been briefly listed in his Trendy tab.
In the hours that followed Haro’s death, people Created dozens of mecoins—A type of very volatile crypto piece used as a vector of financial speculation – was moderate after him. Feeling an opportunity for profit, traders stood up in one of the particular parts, conduct your value $ 2.1 million in total. (The room has since lost 96% of its value.)
On X, some have tried to argue Whoever was behind the play Mistafuccyou had duly granted Haro’s final wish. But most denounced the impetus among the merchants to try to take advantage of his death. “If you exchange this, you are sick AF,” wrote a user.
Speculations were widespread on X that Haro had ended his life because he had lost money against a memecoin rugpull – a maneuver by which someone creates a new room, promotes it online, then sells their assets in a single swoop, devaluing everyone’s stake. Wired could not confirm if it had happened in Haro, but his friends challenged the story. “It had nothing to do with the crypto … This is not what all these crypto nerds seem to think,” one of the friends of Haro, who goes through J Nova on social networks, told Wired. Haro’s family, on the other hand, described his death as the continuation of “his battle with depression”.
The incident captures in microcosm the race down in the same trading circles of the same, where only the most odious and bankrupt ideas are now rewarded by attention, explains Azeem Khan, co-founder of the Morph Blockchain and venture capital partner at Crypto VC Firm Ventures.
“We have reached the point where the most potentially exciting launch that people watch is Kanye who tries to launch a swine cross piece,” explains Khan, in reference to Posts X now deleted Made by an account associated with the artist Kanye West. “It is how terrible this space is.”
Until last year, the launch of a same was relatively expensive and technically binding, which meant that few came to the market. Only Dogecoin – The Original Samecoin – and a handful of derivatives had a kind of longevity.
This equation was reversed with the arrival of Pump.fun, a platform which allows anyone to launch an same at no cost. Since the launch of Pump. Fun in January 2024, many millions of same floods the market, among them the parts modeled after Haro.