Traders bet on war with meme coins
BunkerCoin and other tokens surged briefly before crashing, showing the volatile and morally grey nature of meme coin speculation.
Amid rising Middle East tensions, crypto traders rushed into World War-themed meme coins, seeking profits from panic. BunkerCoin, a token linked to a supposed German bunker project, surged nearly 2,000% before losing most of its gains.
Other tokens, like Werld Wur Thwee and Sticks and Stones, followed similar boom-and-bust cycles.
Most of these speculative tokens launched via Pump.fun, a Solana-based platform that has created over 11 million meme coins. According to on-chain analysts, these coins are rarely linked to genuine interests.
Instead, traders follow trending topics, from war to celebrity illnesses, to profit quickly—regardless of ethical implications.
Industry observers argue that the meme coin craze reflects deeper issues. Educational and financial nihilism, particularly among younger generations, pushes many away from traditional finance.
Disillusioned by stagnant wages and high living costs, they turn to meme coins not just for money but for identity and cultural belonging.
Some projects have crossed moral boundaries, mocking cancer diagnoses or promoting hate speech. Yet despite the risks, the appeal of instant gains continues to drive participation.
One expert noted, ‘Meme coins thrive on dopamine, not fundamentals.’
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