For these trying to get into the cryptocurrency craze within the shadiest means attainable whereas also offending the Thai authorities, the right option now exists. Say hello to Insider , the newest meme crypto be making its method through the Thai blockchain neighborhood. The title is pronounced just like the Thai translation of Uncle Tuu, the affectionate nickname given to PM Prayut Chan-o-cha by his supporters. The cryptocurrency was launched on Monday, perhaps as a response to Elon Musk’s Saturday Night Live appearance during which Dogecoin, the crypto he has supported, plummeted.
The website for Lungtoo features paintings from nameless political cartoonist Kai Maew who claimed he had no involvement and had not given permission for his art for use. The site is targeting Thai youth that have been protesting Thailand’s present authorities and the digital foreign money claims to be donating earnings to Siriraj and Phramongkutklao hospitals. The crypto was created completely anonymously and the net site was offline right now.
Much of the cryptocurrency and its website appears to have used the Binance Smart Chain service the launch a knockoff of another cryptocurrency, Dogemoon. The website and all related information and press releases appear to be cobbled together from Dogemoon’s web site and different crypto sources. The Lungtoo web site was registered anonymously but it was confirmed to be set up in Victoria, Australia.
939 crypto traders had bought the unique Lungtoo cash before a red-flag-raising back-end switch changed the contract account where the coins originated. 40 folks have bought the brand new cash and the crypto creators introduced later that people may change outdated coins for new cash. They claimed the accounts had been switched because their unique didn’t meet the regulations for some crypto trade platforms..g

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