Speculation surrounding the alleged death of Zerebro founder Jeffy Yu triggered a massive 2,115% surge in the value of a Solana token, LLJEFFY, reaching a market cap of $104.93 million. This speculation was fueled by a now-deleted obituary claiming Yu had died by suicide, after a video reportedly showed him committing the act. However, the local coroner's office confirmed that no one named Yu had died in the area, leading to the removal of the obituary due to lack of verification. Despite claims of his posthumous promotion of a new token called Legacoin, it was later revealed that the deployment wallet was still active, prompting panic that caused LLJEFFY's value to plummet by 86.8%. Yu had co-founded Zerebro, which gained popularity in the crypto space, but its token has since seen significant declines in value amidst broader market challenges. The situation reflects ongoing volatility and ethical concerns in the meme coin sector of cryptocurrency.

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