Tiger King Coin, the crypto inspired by the Netflix series, has not done so well in the second season

Tiger King Coin, the crypto inspired by the Netflix series, has not done so well in the second season

Tiger King Coin, the crypto inspired by the Netflix series, has not done so well in the second season By Daily EditorBitcoin

The coin Tiger king coin It dropped in price after the premiere of the show’s second season on Netflix.

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TV series, famous people, hot topics, have inspired many cryptocurrencies, some of which are relatively successful for a while, but others do not do so well.

The latter is the case of Tiger king coin, a cryptocurrency that was born inspired by the television show that was successful in Netflix last year, precisely in the middle of the pandemic: Tiger King. Well, now a new season has arrived on the platform and, although some came to believe that it was going to repower the cryptocurrency, the opposite happened: it has fallen, it continues to fall more and more.

That is what he writes this week Newsweek. Highlights that Tiger king became a global phenomenon at the start of the pandemic, spawning thousands of podcasts and articles (as well as two rival dramas based on the show, only one of which is still in development as of 2021).

He adds that although Joe Exotic has not been able to enjoy his success or watch the show because he is in jail, he has found a way to capitalize on his global exposure.

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Table of Contents

Who is Joe Exotic

It is worth talking a little about this character: Joseph Allen Maldonado-Passage (whose birth name is Joseph Allen Schreibvogel), he is American and 58 years old. He has become known as Joe Exotic and became famous thanks to the show Netflix. He was originally a zoo keeper. He then became the owner and operator of the Greater Wynnewood Zoo in Oklahoma. He even had attempts to get into American politics.

In 2019, he was convicted of 17 federal counts of animal abuse and two counts of murder for hire for an alleged plot to assassinate his rival: the organization’s CEO. Big Cat Rescue, Carole Baskin. He is currently serving a 22-year sentence in federal prison.

Tiger King Coin and its price

In May of this year, he launched his own cryptocurrency, Tiger king coin, whose price was rising and had its peak at the end of October, after the launch of the second season this week what it has done is to go down in an astonishing way.

This can be seen in the graphs of Coinmarketcap:

Tiger King Coin, the crypto inspired by the Netflix series, has not done so well in the second season
Image from Coinmarketcap

The currency had a price of USD $ 0.00008 yesterday, November 19 at 6:20 pm in New York, 14.3% less than on Wednesday at the same time. Its highest price, on November 2, reached USD $ 0.0003. From what you see, the drop has been really steep.

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Tiger king coin (trading under the $ TKING symbol) was launched by Joe Exotic’s official Twitter page in May with the message: “My official Tiger King coins will help me fix children’s smiles, fight justice and prison reform, and save animals in the wild.”

Use of the image of Joe Exotic

In its website, the creators of Tiger king coin describe their project like this: “TKING forged a new day in crypto where the media profile meets the use case. The Tiger mystique lent to the coin by the endorsement of Joe Exotic attracted a resource-rich community. His innovations will reach a wider audience than the crypto sphere thanks to the public interest in Joe. “

Now, according to the page, the coin was not founded by Joe Exotic himself, however his image is used, given the fame that the program gave him.

According to the website of Tiger King Coin, Joe himself owns 1 percent of the total amount of available cryptocurrency.

At the time of writing this article, the marketcap of Tiger king coin It is $ 48 million, which means that Joe Exotic owns $ 480 thousand.

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The enemy also has a coin

Joe Exotic’s enemy, Carole Baskin, also launched a cryptocurrency around the same time as him: It’s about $ CAT.

In this article we talk about how the co-star of the first season of Tiger king, whose sanctuary is in Tampa, also took advantage of the boom of the television program to get its coin in May. Interestingly, these days, contrary to the rival’s currency, Baskin’s has risen (although she does not appear in season 2 of the show): Every CAT It is close to the US half dollar today and the currency is up about 10% in the last 24 hours.

Sources: Twitter, Coinmarketcap, Newsweek

Report of DailyBitcoin

Picture of Unsplash

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