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Crypto Token Vigilante's Hollywood Stunt Sparks Brief Surge

Tue, 18 Feb 2025, 01:55 am UTC

Crypto Token Vigilante's Hollywood Stunt Sparks Brief Surge. Source: Ken Kistler, CC0, via Wikimedia Commons

The Los Angeles Police Department detained a man who climbed the iconic Hollywood sign to promote the cryptocurrency token Vigilante. Dressed in dark clothing and a ski mask, the individual displayed a flag featuring the token's name, website, and social media handles. Authorities, prepared with an ambulance on standby, secured the scene within two hours.

This daring stunt was orchestrated by the Vigilante token team, who had teased a viral marketing campaign ahead of their token launch on February 14, 2025. The publicity move initially paid off, sending Vigilante’s price soaring by over 60,000% and pushing its market cap to $5.5 million.

However, the meteoric rise was short-lived. Within a day, Vigilante's value plummeted by 99.5%, wiping out most of its gains. Despite the sharp drop, the Vigilante team remains undeterred, announcing plans for another major promotional event soon, though details remain under wraps.

The stunt has sparked significant attention within the crypto community, highlighting both the potential and volatility of digital asset markets.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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