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What Is Tiger King Coin? Surge (and Fall) in Cryptocurrency as Season 2 Airs on Netflix

crypblzu by crypblzu
November 18, 2021
in Cryptocurrency
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What Is Tiger King Coin? Surge (and Fall) in Cryptocurrency as Season 2 Airs on Netflix
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Tiger King grew to become a world phenomenon at first of the pandemic, resulting in hundreds of podcasts and articles (in addition to two rival dramas based mostly on the present, solely one in all which continues to be in growth as of 2021).

Although Joe Unique has been unable to look at the present from jail and have fun his fame, he has discovered a manner of taking advantage of his world publicity.

In Could, he launched his personal cryptocurrency, Tiger King Coin, the value of which has been going up and down following the discharge of Tiger King Season 2.

What Is Tiger King Coin?

Tiger King Coin (which trades underneath the image $TKING) was launched by the official Joe Exotic Twitter web page in Could with the message: “My Official Tiger King cash will assist me repair kids’s smiles/faces, combat justice and jail reform, and save animals within the wild.”

On its web site, the creators of Tiger King Coin describe their mission with some typical crypto-jargon: “TKING cast a brand new day in crypto the place media profile combines with use case. The mystique of the Tiger lent to the coin by Joe Unique’s endorsement attracted a useful resource wealthy neighborhood. Their improvements will attain a wider viewers than the crypto-sphere due to the general public curiosity in Joe.”

As that makes (considerably) clear, the foreign money wasn’t based by Joe himself. He ought to be thought-about as a type of celeb endorser for it – although not like fellow celeb crypto endorsers like Kim Kardashian and Floyd Mayweather, the branding of Tiger King Coin depends rather more closely on Joe’s identify and story.

Per the Tiger King Coin web site, Joe himself owns 1 p.c of the full quantity of the cryptocurrency obtainable. On the time of writing, the full worth of all of the Tiger King Coin obtainable was about $75 million, in line with CoinMarketCap.com.

Because of this Joe has about $750,000 of Tiger King Coin.

Joe Unique’s rival (and the lady he’s in jail for trying to homicide), Carole Baskin, additionally launched a cryptocurrency across the identical time, $CAT, described in a press launch as “not a foreign money for funding, however somewhat is a purr-ency of our followers to point out their love for the cats.”

How A lot Is Tiger King Coin Value?

As with all cryptocurrency, buying and selling is vastly unstable.

What we are able to say, nonetheless, is that on the discharge day of Tiger King 2, the foreign money rose in value, solely to then fall once more. Per CoinGecko, the worth of the foreign money hit its day by day peak at about 7 a.m., an hour earlier than the brand new season got here out. At that time, one Tiger King Coin was price $0.00022546 (which means you would wish to have about 4,450 of them to have a greenback’s price).

Surprisingly, because the present has come out, and curiosity in Joe Unique has been renewed, the foreign money has dipped in value. Over the past 24 hours, the worth of the foreign money has halved.

That is compared to the worth of $CAT, which is presently up 12 p.c after the discharge of the documentary. Every $CAT coin is much extra helpful that $TKING too – on the time of writing it was buying and selling at round 50 cents a coin.

Tiger King 2 is streaming now on Netflix.

tiger king season 2 netflix
Joe Unique in “Tiger King.” Netflix is releasing Season 2 of the present in November.
Netflix



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