Influencer-led tokens rarely follow. Ibiza's final boss coin has become the latest example of hype and crash patterns.
summary
- Ibiza Final Boss Coin will drop 84% after its release.
- The token reached Memecoin Hype's market capitalization of $50 million.
- Influencer Memecoin has a bad track record in terms of performance.
Celebrity Memecoin is evidence that attention does not always promote sustainable values. Just a few days after its release, Ibiza's final boss (boss) token fell 84%, to an all-time low.
How to be robust in 5 steps
1. Become an internet celebrity
2. Launch meme coins in Solana
3. Use hype to promote
4. Discard the token after launch
5Ibiza's final boss launched Vostoken a few hours ago.
It went 58x, then fell 98%, and he raised $126K. …pic.twitter.com/gbtgabxmfm
– Andreyu | Crypto Marketing (@raicevic0x) August 11, 2025
Started on August 8 by Tiktok influencer Jack Kay, Solana-based Memecoin, launched on August 8th, reached a high of $0.04819 shortly after the deal began. Kay gained popularity on social media with a video introducing his party lifestyle. Major centralized crypto exchanges, including Bitget and Lbank, also listed tokens for transactions.
I had the final $ boss of Ibiza at 400K
I hit 40 meters last night
I've never seen a UK-based story so crazy
pic.twitter.com/74twfz5pea to learn
– August 8, 2025, Medusa Calls (@medusacals)
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These lists helped to promote the hype around tokens. Many believed it was the next big meme coin in the summer. But those hopes soon faded. In just a few days, the token's market capitalization plunged from nearly $50 million to just $9.66 million.
Meanwhile, several social media users pointed out that Jack Kay had benefited from the hype regardless. Since its launch, Kay has collected more than $100,000 in transaction fees built directly into smart contracts.
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Ragpur, an influencer memokine who is plagued by fraud
Influencer-based Memecoin has a rather poor track record in terms of reputation and performance. YouTubers Mrbeast, Jake, and Logan Paul, controversial influencer Andrew Tate, and many others have been involved in some sort of controversy regarding Memocoin.
One of the most infamous examples is Logan Paul's NFT project, Cryptozoo. This is a venture that has failed in a venture that has never fulfilled or cost millions of dollars promises, including Paul's own fans.
You might like it too: Mrbeast, Andrew Tate and 8 other celebrities with nasty crypto promotions
