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Elizabeth Warren might not be a reputation acquainted to crypto fanatics or the ever-growing NFT artwork world, however she is about to turn into a family title. That’s as a result of the one-week-old crypto project often called Senator Karen Coin is alive and properly.
What’s the purpose of the challenge, you ask?
It’s to immortalize politicians and celebrities on the blockchain by means of NFT artwork work, however not for probably the most flattering purpose. Senator Karen Coin needs to focus on solely those that converse out in opposition to blockchain expertise and cryptocurrency, masquerading the truth that what they actually wish to do is defend their old-world comrades working in conventional finance.
Why is Senator Karen Coin needed? And why is the consultant of Massachusetts, Ms. Warren, the primary to be immortalized?
Glad you requested.
Senator Karen Coin lives on the Ethereum blockchain. It’s each a crypto with a function and a meme coin rolled in a single. The token provide of $KAREN is over 6.942 billion and the price per token at the moment second is $0.00015997. That’s a really meme-friendly worth for these trying to put anti-crypto politicians and celebrities on discover.
The challenge needs to assist the crypto neighborhood by difficult those who oppose it immediately. Senator Warren undoubtedly has her personal following as a key political determine in the USA and if the crypto world can problem her opinions on DeFi (that it’s probably the most harmful a part of the crypto world), maybe the crypto neighborhood as a complete might be the change it needs to see.
The challenge itself is elevating cash to create these NFTs, challenge the anti-crypto movement, and finally develop its neighborhood, however the coolest a part of this challenge is definitely its origin story.
pic.twitter.com/fTvDLmA97q
Elon Musk is having a giant 12 months by anybody’s measure. His 2021 highlights embody taking Tesla to new heights, holding Bitcoin in its treasury, changing into the unofficial DogeFather of Dogecoin, and being named Individual of the 12 months by Time Journal and The Monetary Occasions. To say the least, individuals in each the enterprise world and the crypto world both anoint him a genius or categorical how a lot they dislike him.
Senator Warren clearly dislikes him.
She known as him out on Twitter lately whereas criticizing America’s tax system, stating: “Let’s change the rigged tax code so the Person of the Year will actually pay taxes and stop freeloading off of everyone else.”
Musk wasted no time responding with a sequence of tweets, precisely mentioning that in 2021, he can pay extra in taxes than any American has ever paid earlier than. Musk ended his sequence of responses with quite a punchline:
“Please don’t call the manager on me, Senator Karen.”
That’s all it took. Senator Karen Coin is now a residing, respiratory challenge.
In lower than 24 hours, Senator Karen Coin amassed a market capitalization of over $900,000. Within the final 24 hours, it has seen over $374,000 in volume cross by means of its contract handle. The challenge is clearly off to a flying begin, and the purpose is far greater than simply making a bunch of cash.
That stated, there’ll nearly definitely be a chance to ape in and money in too. The challenge is minting Senator Warren’s NFT first any day now. She’s undoubtedly going to be the poster youngster for the various extra doubters and detractors which are immortalized by the challenge going ahead.
Sure, Senator Karen Coin goes to profit from “memeification”, nevertheless it has the potential to garner historic NFT standing because the founders work to vary the general public notion of among the most influential individuals in politics. One immutable and immortalized NFT at a time.

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