The meme cryptocurrency issued in honor of Britain’s deceased Queen Elizabeth II rose more than 1,009 times from 0.00000218 to 0.00021228. The price of Queen Elizabeth Inu (QUEEN) tokens, created on the Binance Smart Chain blockchain on September 8, soared almost 10,000% in nearly eight hours. However, the coins then plummeted in price by almost 93%.

Nevertheless, as a result of the correction, the price of the asset has consolidated above the mark, which is 180% higher than the bottom. As of the time of writing, the token is trading at $0.00002891.

A similar fate befell Elizabeth tokens (ELIZABETH). At first, the value of the virtual currency based on the meme increased sharply by almost eight times, but after that it flew down and the coins lost 86% in value. The NFT QueenE DAO collection, which consists of portraits of the deceased queen, also interested members of the cryptocommunity. Since the tokens were released on September 8, OpenSea users have bought 75 coins and spent 9.2 ETH ($16,127) on them. Now the minimum value of NFT is $ 701, the maximum – $ 56,096.

https://altcoin.ng/queen-elizabeth-inu-went-up-in-price-by-100/