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He committed suicide by gun during a live stream about Meme coin, yet the meme coin paid for his funeral expenses.
An addict with 1 one-year-old daughter, 2 cars, and 3 celebrity tokens finally chose to sacrifice himself with Meme coins. This article is derived from an article written by the Wall Street Journal and compiled, compiled and contributed by Wenser, Odaily. (Synopsis: Binance He Yi Reveals the Secret Investment Method: Meme Attention into Beliefs and Products Have the Next DOGE) (Background supplement: Pump.fun The founder accidentally showed his face on the live broadcast, and the related meme was "removed") When the liquidity of the market is increasingly tightening and attention resources are becoming more and more scarce, Meme Coin has changed from an entertainment-oriented attention economy carrier and hot news vane to a wave of entertainment to death, the ultimate PVP human amplifier. From the "burn incident" on the pump.fun, to pornographic live broadcast tokens, to countless speedrunning and fast-decaying insider disks, the Meme coin craze has gradually evolved into a slaughter of retail investors by bookmakers, and a cabal siege of casino individuals. And now, a 23-year-old California man has chosen to commit suicide because of the Meme coin scam, satirizing and lashing out at the cruel reality that "everything can be Meme coins". This is his story, and his name is Arnold Haro. Tragedy in the corner of the crypto world: when suicide also becomes Meme coin A 23-year-old California man chose to end his life by pulling a gun to commit suicide with a live broadcast after experiencing a Meme coin scam. At 3:28 p.m. on February 21, Arnold Haro was in extreme suffering alone at a farm home in a remote corner of California. He kept scratching his scalp, accompanied by the sound of heavy breathing, looking very painful. "If I die, I hope you can turn me into a Meme coin." He told fans who watched him live on Platform X. About three hours later, in front of his phone camera, he picked up a bullet, calmly loaded the Smith & Wesson pistol in his hand, then turned the magazine — "Boom" — and a living life said goodbye. Subsequently, his deathbed wish was also fulfilled - the market value of a Meme coin named after Haro's social media account soared to more than $2 million, and then quickly collapsed, just like countless Meme coins. Of course, this is not an isolated incident. A crypto gold rush ensued, dozens of other imitation Meme coins sprung up, some even using live screenshots as token LOGOs, and the Meme coin community tried to grab their share of the benefits from Haro's suicide. Meme coin originated with the rise of Dogecoin in 2013 as a digital token designed to satirize the crypto world. Over time, an online subculture developed around the idea that any cultural moment can have its own cryptocurrency. Meme coins associated with celebrities, political leaders, and anonymous marginal figures flooded the market, with no intrinsic value, just hyping up memes and related figures on the Internet. Image Credit: Silas Stein/DPA/Zuma Press There is no doubt that Meme coin has grown to become part of the $2.8 trillion market cap crypto market at the time of the cryptocurrency's rampant growth, but it has also proven to be a hotbed of scams — a speculative world where bubbles and crashes coexist, where token creators earn their fortunes while other receivers end up holding these Meme coins that gradually zero after a brief spike. U.S. federal authorities treat Meme coins as entertainment rather than securities, which means that many of the protections enjoyed by investors in traditional assets do not apply here. Built under the gimmick of "The Death of Haro", Meme Coin shows the cruel side of the lack of boundaries of Meme Coin - a place where anything can become a Meme Coin - even a terrible suicide tragedy. Arnold Haro's sister, Maria Lucero Haro, said the family would not comment on the cause of Arnold's death, but that "my brother's death doesn't want to make headlines or entertainment for anyone." Encountered the Rug scam, Meme coins turned empty As he was caught in the vortex of Meme coins, Haro's life became more and more turbulent. The 23-year-old's crypto wallet shows that he has been an active trader in Meme coins and NFTs since the summer of 2024, especially those on the Solana chain. At the time of Haro's death, the cryptocurrency market had been on the rise for a year. In January, Bitcoin topped an all-time high of $106,000, with crypto enthusiasts and the Trump administration declaring that the future will be an era of crypto legalization in which Meme coins will be a growing part, including the TRUMP token issued by Trump. But there are so many "pull tray shipping" scams in Meme coins that they have a special term - Rug pull. It is this endless scam that Haro experiences - Rug again and again, which makes his already not rich life worse. He lives in a rural area just outside Fresno, California, with his sister and mother, a household cleaner. Neighbors said they kept a low profile, while other family members saw him as a fool. According to police records, he worked in the solar industry and had a 1-year-old daughter with his ex-girlfriend, but they had long since separated. In addition, he owns 2 cars: a silver Ford F-150 pickup, a BMW X6 SUV. According to police records, his ex-girlfriend said that in addition to his normal work, he sold drugs such as fentanyl and methamphetamine to some homeless people near the riverbank area. A drug addict himself, he experienced a fentanyl overdose in 2020 that was severe enough to need to learn to walk and talk again. Under his account MistaFuccYou, he always posts extreme elements of meme and racist remarks. He boasted of collecting guns, taking oxycodone, and was banned from a steakhouse for not tipping waiters. After a video of him spinning in circles and then vomiting circulated, he became a meme in a sense, known as "360-degree vomiting brother" by people on social media. On his personal social accounts, screenshots of cryptocurrency losses and related information are everywhere. He once asked a crypto KOL known for hyping up Meme coins to return $8 simply because the person didn't release enough. In January, he said he borrowed money to buy tokens launched by President Trump and First Lady Melania Trump. "I promised my parents a huge loan to buy TRUMP tokens to get rich overnight, but now it's fallen into shit," Haro said in a Jan. 19 post, "I just bought some MELANIA tokens, but with my luck, it probably won't end well." Both Meme coins fell sharply after a brief period of hype, with TRUMP gaining market capitalization.