The infamous Oklahoma tiger zookeeper Joe Exotic, who rose to stardom via the popular Netflix show “Tiger King: Murder, Mayhem and Madness”, has launched a meme cryptocurrency in collaboration with a tech team comprised of supporters, stating openly that this is a method of raising funds for his legal defence team. Profits will also partially be donated to wildlife rescue.
Joe Exotic is currently facing a prison sentence of 22 years for violating federal wildlife laws and two failed murder-for-hire plots targeting his show antagonist, Carole Baskin. However, he is pursuing efforts to start a new trial.
The TKing coin was launched on May 18 with a trillion tokens, 35% of which have already been burnt. Joe Exotic kept a disclosed number of tokens, from which funds will be generated. The currency is designed to be highly deflationary, with a 2% burn rate for every transaction.
A similar hype to dogecoin is anticipated with this brand-backed meme coin. Currently the price of a TKing Coin stands at $0.00000459 per token.
Despite the open statements of the coin being a fundraiser for a man convicted of hiring a hitman, the developing team has elaborated on long-term investment plans. It appears that fears that coins similar to Doge will flood the industry, will come true, at least temporarily.
With the current price of CAT standing at a surprising $0.2141, Baskin leads the Netflix crypto battle pricewise. Nonetheless, the launch of TKing has made a visible dent in the meme token’s value, setting the stage for two speculative rollercoaster stocks.
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