How the imageboard moves crypto markets
After 4chan was hacked on April 14 and large wicks of user data and moderators were disclosed online, the controversial website was quickly dropped, and many thought it would never recover. However, less than two weeks later, the picture table was back online, extended like never before.
“4CHAN is back,” proclaimed an official blog article. “No other website can replace it or this community. No matter how difficult it is, we don’t give up. “
The image painting has left its brand on the world in many substantial ways, at the birth of countless memes and conspiracy theories, serving as a platform for political movements ranging from alt-law to the anonymous, and acting as a dumping ground for leaks and pirates of all kinds.
The crypto is no exception, with 4chan also a gathering place historically influential to share Altcoin Alpha, coordinate the campaigns to pump the tokens, the prophecies of the action course and more.
With the image painting of the dead, here are some of the ways in which he influenced the cryptographic space during his history.
Find alpha on 4chan’s / biz / imageboard
The main center of cryptographic activity on 4chan is its / biz /, or “business & finance”, imageboard, where traders, players, investors and commentators gather to share information, shill tokens and discuss the state of cryptographic industry as a whole.
The image painting has gathered the reputation of being a place where intrepid investors can find out about the moon tokens that the wider community has not yet discovered, although X and Telegram have since given 4chan a race for its money. It was also zero land for countless shilling campaigns that helped pump prices for various tokens.
/ Biz / has also become known for the different prophecies, traditions and legends that emerge from its anonymous users. People who claim to have internal knowledge of major market movements often disclose secret information on the picture of images or the prophecies emit, and from time to time, they prove to be correct.
In January 2019, a user properly predicted that Bitcoin (BTC) would reach $ 5,300 by April and $ 9,200 by July, arousing enormous online interest. Unfortunately, their remaining price forecasts quickly failed reality, especially that Bitcoin would reach $ 87,000 by October 2020.
Another user said in May 2021 to work in a Chinese company who collaborated in close collaboration with the government and said that he had initiate information that Bitcoin would sell due to major news from China. A few hours later, information emerged that China would prohibit payment companies and financial institutions from providing services related to cryptographic transactions, and Bitcoin was sold.
/ BIZ / was also the source of a rumor of June 2017 according to which the co-founder of Ethereum Vitalik Buterin died in a car accident. The false news led to the market capitalization of Ether (ETH) of 4 billion dollars before Buterin intervened to share that he had in fact not died.
Chaincink and the marine link
The most successful shilling campaign to get out of 4chan is perhaps that of ChainLink (Link), which saw a massive rally that started in 2020 and continued in 2021. Many members of the purest and hard community of the Oracle project, known as Link Marines, discovered ChainLink On /.
A large part of the excitement among the first channel channels was galvanized by a mysterious figure known as “Assblast”, which claimed to have knowledge in the project and would share Alpha On / Biz /.
The Link Marines has relentlessly promoted Chainlink on 4chan and social media platforms, and by 2020, Link had known its first major rally – $ 1.80 at the start of the year at a summit of $ 16.64 on August 12.
After the rally, the co-founder of the capital of the Andrew Kang mechanism said that “4Chan has become the largest market engine” in the crypto, “more powerful than China or the capital of the Institutional Crypto Fund”.
In relation: Mechanism The founder of capital doubles the position of Bitcoin with a long of $ 200 million
Link continued in 2021 to reach a summit of $ 49.54, becoming one of the most spoken crypto successes of the year.
Link Marine Albert Nazarov told Cointelegraph magazine in March 2021 that “4chan is essentially a crucible of raw thoughts; The best and balanced go to the top. That’s almost everything that is there, and it leads the brain to decipher good information from bad things. ”
ChainLink remains the third most mentioned in the most mentioned on / biz / in the past 24 hours at the time of the editorial staff, behind only bitcoin and ether.
Pepe the frog and the memes in Gogo
One of the most recognized memes associated with 4CHAN is the PEPE frog, although its origins have nothing to do with the image painting. Pepe was created by artist Matt Furie in 2005 for a comic book entitled Boy’s Club.
In the coming years, Pepe has been popularized by 4chan and has finally become a general public. But in 2015, the posters of 4chan / R9K / Board decided to “recover” Pepe and started a campaign to intentionally associate it with the extreme right. Nevertheless, the frog remains a popular meme on 4chan and in the crypto circles.
In the cryptosphere, Pepe has become closely associated with the chain. The CEO of Sanctum, Tyler Ward, who triggered a craze of non -bubble token Pepe (NFT) in 2021, told the magazine: “When Chainlink began to fend for himself, he became this cult prophecy of 4chan, and 4chan really likes Pepe the Frog, so it was somehow this fusion.”
“Many people posted on Chainlink would publish with Pepe The Frog, and they have become intertwined.”
Crypto’s obsession for Pepe The Frog has since increased significantly beyond its first association with Chainlink. In 2023, the same Pepe (PEPE), named after the frog, was launched and quickly became popular among traders. The token really took off in 2024 in the middle of the same manner, going from a market capitalization of $ 591 million at the start of the year to $ 11 billion by December, overthrowing the Uniswap Uni (UNI) token.
But Pepe is not the only meme of 4chan to be tokenized and exploded as a price. Mog Coin (MOG), a same, based on the “mugging” – dominant, outpatient or surpassing sentence – won 1,800% at the start of 2024. According to Coingecko, the same on the theme of 4chan command a market capitalization of 37 billion dollars in May 8.
The popular expression “We are all going to do it” or Wagmi, was also popularized on 4chan. He was taken from the Australian Bodybuilder Aziz “Zyzz” Shavershian, who would frequently publish on the bodybuilding.com forum as well as the 4Chan’s fitness council and who died in 2011. He then made his way in the crypto around 2017, apparently that users who were active in online fitness communities entered digital active.
Despite increasing attention platforms like Telegram and X Command among the cryptographic community, 4CHAN remains a cultural power, and it is only a handful of ways in which he influenced the culture of cryptography and the markets.
And with 4CHAN back online and apparently fully determined to continue its operations, they will not be its final influences – at least as long as 4CHAN can avoid being removed for good.
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