Conor McGregor Has Launched a Meme Coin

UFC champion Conor McGregor launched his own meme-coin REAL, developed in conjunction with DAO Real World Gaming.

Conor McGregor Has Launched a Meme Coin
Conor McGregor Has Launched a Meme Coin

Part of the community reacted with skepticism.

According to project reports, 60 million tokens are distributed via blind auction on April 5-6. A two-phase rollout of trading on the DEX is planned afterward. The Uniswap V4 pool will launch after the auction ends, while Uniswap V3 will launch on April 9.

Trading will be available in the Uniswap app and aggregators like 1inch and Matcha. The assets sold at the auction will be blocked until 11:00 on April 7.

Funds from the sale will provide liquidity at the start of trading, part of it will be directed to the DAO treasury.

REAL Tokenomics. Source: Getrealtoken.
REAL Tokenomics. Source: Getrealtoken.

According to reports from the project, the tokens will provide holders with the ability to participate in voting and staking.

Crypto detective ZachXBT and a number of commentators were skeptical of the meme coin launch.

"This is a shame frog. If the frog of shame gets more likes than the original tweet, your tweet sucks," reads the meme that ZachXBT responded to McGregor with. 

At the time of writing, the crypto sleuth's comment is enjoying multiples more popularity than the UFC champion's promotional tweet.

Some users questioned the veracity of the stated list of companies that allegedly supported REAL.

List of companies that supported the project stated on the REAL website. Source: Getrealtoken.
List of companies that supported the project stated on the REAL website. Source: Getrealtoken.

"I love all these random crypto brand names added to the site that have nothing to do with it. Also Zippay, lol," one commenter noted.

The company assured that the list is "real".

Recall, in March, CoinGecko experts noted a drop in interest in the meme-coin segment after a series of failed launches and rug pull that "killed" the interest of investors. However, they believe a recovery in the position remains possible.