tl;dr
Mikol, the creator of the DARE meme coin, hospitalized himself with third-degree burns after a stunt to promote his project. He now regrets not cashing out when the coin was gaining value and has decided to distance himself from the project. Despite plans to build a Truth or Dare app and climb Mount...
Mikol, the creator of the DARE meme coin, hospitalized himself with third-degree burns after a stunt to promote his project. He now regrets not cashing out when the coin was gaining value and has decided to distance himself from the project. Despite plans to build a Truth or Dare app and climb Mount Everest, the project fell apart, and team members left after the incident. Mikol received $3,000 in community donations for hospital bills but did not benefit financially from the project. The token's value spiked during his hospitalization, but it ultimately fizzled out, with a current market cap of $26,000. Mikol plans to focus on growing his social media presence and distance himself from potentially painful stunts. His incident is part of a trend of meme coin developers livestreaming controversial antics to promote their tokens. A Solana meme coin creator set himself on fire as a dare, and was hospitalized with third-degree burns in an effort to promote his project. But now he’s done with it. Mikol, the DARE coin’s creator, told Decrypt last week the only regret he has is not cashing out when he had the opportunity, back when the coin was charting blazing-hot gains. Truth or Dare (DARE ) is a meme coin project led by Mikol , who performed livestreamed stunts to help pump his token. After six days of performing goofy antics, the meme coin dev went too far by dousing himself in isopropyl alcohol and having friends shoot fireworks at him. Quickly, he went up in flames and was rushed to hospital with third-degree burns across 30% of his body .
Since the fiery incident, only two team members remain in contact with the injured dev; the rest “took their money and left,” Mikol told Decrypt. One of those people, Mikol said, is the unidentified person that came up with the idea to set him ablaze—someone who was a close friend and did not apologize for the dare. “I have learned from it. It’s made me become less trustworthy and more aware of every little thing,” Mikol told Decrypt. “Everybody in this space wants money; everything else is after.” AD AD Mikol had lofty plans of building a Truth or Dare app and climbing Mount Everest , but claims these plans fell apart alongside the team crumbling. “The time that DARE was most popular and running at its highest was when I was in the hospital and wasn’t in full control. I was healing, I was going through surgery,” Mikol told Decrypt. “Honestly, I didn’t benefit from DARE—not money-wise. I mean, I gained a little popularity, but that’s temporary.” Throughout the process, Mikol has maintained that he doesn’t regret what happened. Instead, Mikol is mostly peeved that he didn’t make any money from DARE—aside from $3,000 donated to him by the community to pay hospital bills. Mikol told Decrypt his biggest regret was not cashing out after seeing $200,000 in his wallet. DARE skyrocketed 4,500% to a market cap of $1.82 million over the 10 hours that followed the stunt. The value of the token fell as Mikol spent weeks in hospital recovering, unable to do much. But as he was set to leave the hospital, the project again spiked 1,735% to a market cap of $2.91 million. The burned-up dev claims to have never sold.
After coming home, Mikol attempted a number of small-time pranks, such as the cinnamon challenge , but the project never again reached those peaks. It fell 94% over the following week and ultimately fizzled out, with a current market cap of just $26,000 as of this writing. Mikol still believes the Truth or Dare project could work in the future, despite the hardship. He's just not willing to commit himself to it for the foreseeable future. AD AD Going forward, the Miami resident plans to become a “trench warrior” and work on growing his social media presence. DARE was always built around Mikol as a personality, and he wants to continue being himself online and grow his audience through that approach—without the potentially painful stunts. Mikol’s fireworks-fueled tragedy came amid an exploding trend of meme coin devs livestreaming increasingly controversial shenanigans in attempts to pump their tokens. It all started when a mom shook her breats on camera to help raise the price of her alleged son’s token, while another incident saw a dev lose a tooth from boxing on camera. But Mikol’s stunt took the trend to a new level that arguably was never matched. More recently, the gonzo meme coin livestreaming meta was revived by a 19-year-old who streams drug binges with his stripper girlfriend —even
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Technical Analysis Report: Market Trends and Indicators
Key Findings:
- The S&P 500 index has shown a strong breakout above its previous resistance level, indicating potential for further upward movement.
- The Relative Strength Index (RSI) for several major tech stocks is approaching overbought territory, suggesting a possible near-term pullback.
- The 50-day moving average for energy sector ETFs has crossed above the 200-day moving average, signaling a potential bullish trend reversal.
- Gold prices are testing a critical support level, with a breakdown likely to lead to further downside momentum.
Overall, while the bullish momentum in the broader market is notable, caution is advised due to the nearing overbought conditions in certain sectors and the potential for trend reversals in others.
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Dare Bioscience Inc Summary Dare Bioscience Inc Summary
Dare Bioscience, Inc., a clinical-stage biopharmaceutical company, focuses on developing and marketing women's health products in the United States. The company is headquartered in San Diego, California.
Industry: LIFE SCIENCES
Sub-Industry: PHARMACEUTICAL PREPARATIONS
Market Cap: 27599600
P/E Ratio: 0.1
Dividend Yield: None
Current Price: $32.28
Price Change: $0.36
Price Change (%): -2.536%
Volume: 2839600
52-Week High: $20.33
52-Week Low: $0