As the memecoin craze sparked by US President Donald Trump’s weekend token launch continues to grow, John McAfee’s widow Janice Elizabeth McAfee has reportedly launched a memecoin in honor of her late husband.
McAfee announced the token launch on January 23 through her late husband’s Throughout his life, McAfee has been an ardent supporter of cryptocurrencies, particularly Bitcoin (BTC), and their ability to reduce state power over the financial system.
While the cryptocurrency community’s initial response to
Some say John McAfee’s account was resurrected, or no memecoins were sold at all. In particular, Charles Hoskinson, the founder of the Cardano blockchain, reacted sarcastically to X’s launch post: “John’s resurgence with a questionable AI cryptocurrency scam is the greatest thing John McAfee could have done.”
source: Charles Hoskinson
“In a world overrun by surveillance states, corporate greed, and digital enslavement, AIntivirus is the ultimate disruptor,” the token’s website explains. The project refers to John McAfee AI Incarnate, which states that AI is “built to protect digital freedom and advance (McAfee’s) mission. “It’s not just protection, it’s retaliation.”
The AIntivirus token (AINTI) is up 2,260% since launch, according to Cointelegraph Index.
The Vine co-founder also launched memecoin. Traders make big profits
Vine co-founder Rus Yusupov also launched a memecoin titled Vinecoin (VINE) on January 23, capitalizing on speculation that the shuttered app would be relaunched on X. Yusupov made the following announcement via his official X account:
“Remembering all the fun we had making vines, let’s relive the magic and strive for VINECOIN.”
VINE rose 181,000% in less than 24 hours, making it the highest memecoin gain of the day, according to Cointelegraph Index. This caught the attention of the cryptocurrency community and resulted in some traders scoring big points. For example, one trader recorded $4.5 million in unrealized profits even after missing the first big rally.
Vine shut down in 2017 after parent company Twitter couldn’t find a way to make money. After acquiring Twitter in 2022, Elon Musk publicly considered bringing back Vine and the six-second looping videos that once made the app one of the most popular in the world.
Another Vine co-founder, Dom Hoffman, distanced himself from memecoins, writing to
President Trump pays attention to memecoin
US President Donald Trump launched his own memecoin on January 17, putting the spotlight on these speculative cryptocurrency assets. After his memecoin, Official TRUMP, soared into the top 30 cryptocurrencies by market capitalization, many wondered if this signaled a new era in cryptocurrency, one in which anyone can start a memecoin without any consequences.
As Cointelegraph reported, the TRUMP memecoin has driven Solana addresses to all-time highs, while other reports have indicated that Solana’s decentralized trading activity has reached record levels. Coinbase had a Solana trading backlog, and major players in the Solana ecosystem were struggling with the traffic.
But lawyers expect Mimcoin could face lawsuits, and Maxine Waters, a U.S. lawmaker representing California, said Trump’s Mimcoin poses a national security risk and opens the door to corruption.
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