A TikToker recently decided to casually make ‘Scamcoin’ online and its worth reached $70 million within an hour. Scamcoin or as it suggests in the video “Simple Cool Automatic Money” is a legitimate cryptocurrency centred around making the user’s “life easier”.
In a video uploaded on Twitter, the market cap for Scamcoin reached over $6.6 million within 10 minutes of its creation. Within the hour-mark, the market cap for the coin rose to over $70 million.
TikToker makes ‘scamcoin’ as a joke and within an hour it’s worth ~$70mln lmao. pic.twitter.com/dmEAdNUG6Z
— TikTok Investors (@TikTokInvestors) April 22, 2021
It's only 3.83 $BNB in liquidity, therefore he "made" ~2.1k$.