A person is below arrest after staging a dramatic publicity stunt atop the well-known Hollywood signal, the place he waved a flag selling Vigilante Token (VIGI).
This extremely seen cryptocurrency commercial occurred on the famend landmark, which stands on Mount Lee at 181 meters above sea degree. Recognized for its standing as a serious vacationer attraction, the Hollywood signal is surrounded by excessive safety, together with surveillance methods designed to alert authorities to any suspicious exercise.
The person, wearing darkish apparel and a ski masks, was reported to the LAPD as we speak after he made the dangerous climb. On account of the stunt, Vigilante Token briefly surged to a market capitalization of $5.5 million, experiencing a shocking 63,140% improve in worth, aided by the native media consideration it attracted.
Nevertheless, the thrill proved short-lived, with the token’s worth plummeting by over 40% from its peak. The Vigilante crew had hinted on the stunt over the weekend, promising a launch in essentially the most attention-grabbing approach attainable. They positioned the stunt as an emblem of their dedication to the undertaking.
In follow-up social media posts, the undertaking teased an excellent larger advertising effort, claiming it could be “10 instances larger” than the Hollywood stunt. The undertaking now additionally suggests the potential for locking the token’s provide by an upcoming ballot, demonstrating simply how far some crypto initiatives will go of their quest for consideration in an more and more crowded market.
