The crypto world is once again abuzz with interest in memecoins. This time, the catalyst is the controversy surrounding Marko Elez associated with DOGE.
Emergence of a New Memecoin
Recently, a memecoin named 'Operation Big Balls' was launched on Pump.fun, inspired by the scandal involving the Department of Government Efficiency (DOGE) and its member Marko Elez.
Marko Elez's Controversial Posts
Marko Elez, who was working on reducing government spending, found himself at the center of a controversy due to his social media posts that expressed hostility towards Indians. Under pressure, Elez resigned from DOGE.
Public and Political Reactions
The White House confirmed Elez's resignation following public discussions of his posts. However, Vice President J.D. Vance stated that journalists should not ruin someone's career over foolish social media activity.
The events surrounding Marko Elez have shown how quickly public opinion can influence new cryptocurrency initiatives.
