{"id":7430,"date":"2025-08-11T13:42:07","date_gmt":"2025-08-11T13:42:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ibiza-final-boss-coin-crashes-84-just-days-after-launch\/"},"modified":"2025-08-11T13:42:11","modified_gmt":"2025-08-11T13:42:11","slug":"ibiza-final-boss-coin-crashes-84-just-days-after-launch","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ibiza-final-boss-coin-crashes-84-just-days-after-launch\/","title":{"rendered":"Ibiza Final Boss coin crashes 84% just days after launch"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Influencer-driven tokens rarely last, with the Ibiza Final Boss coin becoming the latest example of the hype-and-crash pattern.<\/p>\n<div id=\"cn-block-summary-block_b2a0f72be327e973331bb5053c18444f\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ibiza Final Boss coin drops 84% days after launch.<\/li>\n<li>The token reached $50 million in market cap on memecoin hype.<\/li>\n<li>Influencer memecoins have a bad track record in terms of performance.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Celebrity memecoins are proof that attention does not always drive sustainable value. On Sunday, August 10, just days after launch, the Ibiza Final Boss (BOSS) token fell 84% to an all-time low.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">How to get rugged in 5 steps <\/p>\n<p>1. become an internet celebrity<br \/>2. launch meme coin on solana<br \/>3. use your hype to promote it<br \/>4. dump your tokens after launch<br \/>5. dissappear <\/p>\n<p>Ibiza Final Boss launched the BOSS token hours ago.<\/p>\n<p>It went 58x, then fell 98% and he collected $126k.\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/gbtGABxmfM\" target=\"_blank\">pic.twitter.com\/gbtGABxmfM<\/a><\/p>\n<p>\u2014 andriyuh\ud83e\udeac | Crypto Marketing (@raicevic0x) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/raicevic0x\/status\/1954863123682218454?ref_src=twsrc%5Etfw\" target=\"_blank\">August 11, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Reportedly launched by TikTok influencer Jack Kay on August 8, the Solana-based memecoin rocketed to a high of $0.04819 just hours after trading began. Kay <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.stuff.co.nz\/culture\/360786908\/sudden-and-inexplicable-rise-fame-ibiza-final-boss\" target=\"_blank\">became popular<\/a> on social media for videos showcasing his party lifestyle. Major centralized crypto exchanges, including <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bitget.com\/support\/articles\/12560603835190\" target=\"_blank\">Bitget<\/a> and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.lbank.com\/support\/articles\/1953289298690179072\" target=\"_blank\">LBank<\/a>, also listed the token for trading.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I had Ibiza Final <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BOSS&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$BOSS<\/a> at 400k<\/p>\n<p>It hit 40m last night<\/p>\n<p>I\u2019ve never seen a British based narrative go so crazy<\/p>\n<p>We move and learn <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/74Twfz5pEA\" target=\"_blank\">pic.twitter.com\/74Twfz5pEA<\/a><\/p>\n<p>\u2014 Medusa Calls (@MedusaCalls) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/MedusaCalls\/status\/1953743414790373426?ref_src=twsrc%5Etfw\" target=\"_blank\">August 8, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>These listings helped fuel hype around the token, with many believing it could be the next big memecoin of the summer. However, those hopes quickly faded. In just a few days, the token\u2019s market cap plunged from nearly $50 million to just $9.66 million.<\/p>\n<p>Meanwhile, several social media users pointed out that Jack Kay profited from the hype regardless. Since launch, Kay collected <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Schoen_xyz\/status\/1954292393076830586\" target=\"_blank\">over $100,000<\/a> in trading fees, built directly into the smart contract.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Influencer memecoins plagued by scams, rug pulls<\/h2>\n<p>Influencer-based memecoins have a pretty poor track record when it comes to reputation and performance. YouTubers MrBeast, Jake, and Logan Paul, controversial influencer Andrew Tate, as well as many others, have all been involved in some kind of controversy when it comes to memecoins. <\/p>\n<p>One of the most notorious examples is Logan Paul\u2019s NFT project, CryptoZoo, a failed venture that never delivered on its promises and cost many investors, including Paul\u2019s own fans, millions of dollars.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Influencer-driven tokens rarely last, with the Ibiza Final Boss coin becoming the latest example of the hype-and-crash pattern. Summary Ibiza Final Boss coin drops 84% days after launch. The token&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7430"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7430\/revisions"}],"predecessor-version":[{"id":7431,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7430\/revisions\/7431"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1190"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}