Breaking Bad star Dean Norris has launched his official meme coin, DEAN, amid the rising hype around meme-themed cryptocurrencies. This was unexpected, but the series’ followers seemed excited about the launch. In this blog, we will discuss everything about the token.
DEAN Meme Coin Launched & It’s Not A Scam
Hollywood actor Dean Norris, who plays Hank Schrader in Breaking Bad, launched a token. He revealed this on X, posting, “I’ve decided to launch my own crypto coin named $Dean,” which surprised many. However, many popular celebrities have launched their meme-themed cryptocurrencies, including the Hawk Tuan Girl.
More prominently, US President Donald Trump and First Lady Melania Trump launched the TRUMP and MELANI meme coin, which quickly gained traction in the market. Now, the DEAN token’s launch explains the rising popularity of these meme-themed cryptos in the entertainment industry. However, considering the rising celebrity account hacks for crypto promotions, the crypto community first became suspicious of this launch.
Norris soon retweeted with a new selfie and a notepad, writing DEAN meme coin ticker and today’s date. With a few more cross-checks, the community finally believed the launch, pumping the token’s price.
DEAN Price Surged 600%, What’s Next?
Norris has claimed that he would not launch a cryptocurrency without a strong utility, and the people backing it before mentioning that the one who misses it will regret it later. This booster investor confirmed, resulting in a more than 600% surge since its launch.
The DEAN meme coin is now part of the Solana network, and the cryptocurrency platform Coingecko has included the token in its crypto list, gaining it greater visibility. According to Coingecko data, DEAN trades at $0.004362 after achieving an ATH of $0.006799 a few hours ago. Additionally, its market capitalization and trading volumes are $4,362,941 and $38,704,470, respectively, which shows decent investor demand.
Although the token has moved down from its ATH, the hype will likely continue due to its attributes of Breaking Bad star and being a Solana meme coin. However, due to its recent launch, it can be vulnerable to the market’s volatility. Investors should only associate with tokens after proper research and analysis.
Bottom Line
The DEAN meme coin is bullish, as the token surged over 600% after the launch. However, the token has consolidated significantly away from that, trading at $0.004362 with investors’ optimism. The famous Hollywood actor and Breaking Bad star Dean Norris bets on the token’s superior utility and strong backing. However, there are concerns around its new launch, as many meme coins fail in the market. Though it may not happen with this token, investors should carefully consider their strategies around it and the rest of the tokens due to the market’s unpredictability.
The post Breaking Bad Star Launches DEAN meme coin: Here’s Everything To Know appeared first on CoinGape.
