Candace Owens has joined the growing list of conservative figures to promote cryptocurrency coins with the popularised “Let’s Go Brandon” phrase.
“Let’s Go Brandon” originated from a video from a NASCAR race at Talladega Superspeedway in Alabama as a reporter believed the audience was saying “Let’s go Brandon!” to cheer on Brandon Brown, but they were actually chanting “F*** Joe Biden!”
Taking to Twitter on Wednesday, Owens said that she was “finally into crypto” while mentioning that she is in support of a “Let’s Go Brandon” coin, which is trading under the name $LGB.
Finally into crypto and ALL IN on this Let’s Go Brandon coin.
Because, #LetsGoBrandon. https://t.co/HG3V9MI0gE
On November 11, James Koutoulas, a hedge fund manager and investor advocate attorney also took to Twitter to announce his second donation “of 25k USD” to the same coin as Owens for “Aquanauts Adaptive @SCUBAPrograms who provide dive therapy programs to veterans with disabilities.”
According to Coinbase, the current worth of an $LGB coin is $0.000001, and its value has increased by 26.99 per cent in the past seven days.
Ryan Fournier, the founder of Students for Trump, has also promoted a separate “Let’s go Brandon” coin.
Sometime last week, he shared a link from right-wing media outlet The Post Millenial about another Let’s Go Brandon coin, which claims that they donate funds to veterans and charities as more people invest in the currency.
The second “Let’s Go Brandon” coin is currently trading under the currency $FJB, which appears to stand for “F**k Joe Biden.”
Coinbase also indicates that $FJB has a current value of $0.002108, with the price of “Let’s Go Brandon” falling by nearly 20.72 per cent in the past seven days.
In conversation with The Post Millennial, Grant Tragni, the founder of the coin, said that the “donation factor” was a motivation.
Five per cent of every transaction made is put aside for veterans, and he claimed that $50,000 was donated to the veterans after the coin skyrocketed in price this month.
The coin’s website also adds that the “Let’s Go Brandon” crypto is not a “s**t coin” but a “coin that symbolises the silent majority.”
“This is a coin that supports the military. This is a coin that shows how strong we are. This is a coin that symbolizes America,” the website said, in part.
Earlier this month, a cryptocurrency was inspired by the popular Netflix series Squid Game. But in a report from Newsweek, the currency lost a majority of its value because it was revealed to be an apparent scam.
On November 1, the token reached a peak of $2,861.80 before collapsing to nearly nothing when its creators withdrew $3.3 million in funds.
This move is considered a “rug pull,” which is a malicious manoeuvre in which crypto developers abandon a project and flee with investors’ assets.
However, in a Q&A section, the “Let’s Go Brandon” cryptocurrency seemed to reassure potential coin investors that “the rug won’t be pulled” and that “transparency and frequent updates” on Twitter will be exercised.
“We will post everything we are doing so the investors know exactly what is going on.”
The “Let’s Go Brandon” Coin’s official Twitter account has over 3,100 followers at the moment.