Proving that anything can be a cryptocurrency, someone made a cryptocurrency of actor Will Smith slapping comedian Chris Rock at the Oscars last week.
History: A day after the Oscars slap, someone created a digital asset on the blockchain of the slap and called it Will Smith Inu (WSI).
Soaring: Within 24 hours, the price of WSI jumped from $0.00000016 to $0.0000033.
Falling: But then, the price of this meme coin went crashing back down to Earth. It currently sits at around $0.0000006.
Final Thoughts: This should remind investors to generally avoid meme coins, especially those created as a response to a major cultural moment.
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