Celebrity Deaths Fuel Rush of Speculative Meme Coins

When celebrities die, degens rush to create speculative meme coins to capitalize on the public attention
Trending topics like celebrity deaths offer traders an opportunity to generate buzz for new tokens
It's now incredibly easy and cheap to launch new tokens on networks like Solana and Ethereum layer-2
Services like Solana-based Pump allow even non-technical people to launch meme coins for under $4
Thanks to this, there has been a flood of mostly worthless meme coins created recently, like the OJ Simpson ones