CrowdStrike, Windows BSoD Meme Tokens Populate Solana and Ethereum Amid Global Internet Outage

Some of these tokens have liquidity of upto $50,000 worth of stablecoins, quickly running to market capitalizations of as much as $1 million on paper.

A wave of crypto tokens themed after CrowdStrike and the Microsoft ‘Blue Screen of Death’ (BSoD) have flooded the Solana and Ethereum blockchains amid a reported global internet outage impacting several real-world services.

The BSoD error has affected millions of Windows users worldwide, causing their systems to abruptly shut down or restart. The error is reportedly linked to a CrowdStrike software update that went awry.

As of Friday European morning hours, no crypto-related company or business has reported any errors or outages in their services.

According to data from DEXTools and DEXScreener, tokens referencing CrowdStrike, STRIKE, Microsoft, bluescreenofdeath and BSoD were issued and actively traded as traders attempted to capitalize on the short-term attention on these topics.

Some of these tokens have liquidity of up to $50,000 in stablecoins, which quickly translates to market capitalizations of as much as $1 million on paper.

CrowdStrike and Microsoft were among the most trending topics, with Solana-based token generator Pump Fun seeing users create hundreds of tokens referencing various memes that mentioned the companies.

Creating tokens to profit from short-term hype or trending news narratives is a common practice among certain participants in the crypto market. While most of these tokens ultimately lose all value due to a lack of fundamental backing, they do tend to generate a profit for their creators and early buyers.

CoinDesk is an independent operating subsidiary of Digital Currency Group, which also owns Genesis Trading, a cryptocurrency market maker mentioned in the above article.

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