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Unveiling the way to pour beer
BEER Token A BEER-THEMED MEME Token REACHED 30,000 PIECES SOL IN THE MAY 20 PRESALE, VALUED AT NEARLY $5 MILLION. After its launch, the price of BEER Token soared, with a maximum pump of 30 times and a market capitalization of up to $500 million. According to netizens, the team behind the BEER coin is businessmen Marcus Prinz von Anhalt (commonly known as Prinz Markus) and Ben Bilski from Germany, as well as the Hedging fund Gotbit. Prinz Markus was a notorious German businessman known for his lavish lifestyle and the operation of longest nightclubs and brothels. Prinz Markus spent millions of dollars through adoption to earn the title of "Prince", but his social image was not glamorous, and he was charged with tax evasion, fraud, Money Laundering and human trafficking. Ben Bilski is a German entrepreneur and former professional swimmer who retired from the game and founded NAGA Group AG, one of the most valuable fintech companies in Europe. In March, Ben Bilski stepped down as CEO of NAGA Group AG to focus on Crypto Assets investing. Gotbit, a Hedging fund dedicated to helping Token achieve market capitalization rise, has publicly partnered with BEER to help it manage its market capitalization. Gotbit's controversial strategy is to push the price up to 10x in the first minutes of the price discovery phase to create fear of missing out (FOMO) sentiment and sell all Tokens at subsequent peaks.
The beer coin is no longer being pursued after people lose interest, and now the team has launched the water token.