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Reading: LLJEFFY tribute coin takes a 40% tumble after Zerebro founder was found alive at home
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Mycryptopot > News > Crypto > Altcoins > LLJEFFY tribute coin takes a 40% tumble after Zerebro founder was found alive at home
Altcoins

LLJEFFY tribute coin takes a 40% tumble after Zerebro founder was found alive at home

May 10, 2025 5 Min Read
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LLJEFFY tribute coin takes a 40% tumble after Zerebro founder was found alive at home

Zerebro co-founder Jeffy Yu was discovered alive in his dad and mom’ residence after evidently faking his suicide on a pump.enjoyable livestream. In consequence, his tribute meme coin LLJEFFY has fallen by 40%.

In keeping with a report by native information outlet The San Francisco Normal, Jeffy Yu was confirmed to be alive and residing in his dad and mom’ residence, 5 days after the 23-year-old crypto mogul seemingly took his personal life on a livestream.

On-chain merchants have speculated that Yu faked his personal demise as a strategy to depart from the crypto area. Particularly after Yu’s obituary on the memorial platform, Legacy was eliminated just a few days after it was revealed. Not solely that, on-chain exercise reveals that there have been a number of transactions linked to Yu’s pockets after his alleged demise.

On Might 9, a reporter from the San Francisco Normal confirmed that Yu was not lifeless. As an alternative, he had been residing in a two-story residence together with his dad and mom. Yu declined to offer any commentary in regards to the false stories of his demise and the way he benefited from it. Nonetheless, the Zerebro (ZEREBRO) founder mentioned that he could be shifting his dad and mom out of the house inside every week as a result of fearing that different folks would be capable to observe down his whereabouts.

“I’ve been doxxed. I’ve been harassed. If yow will discover me, different folks can discover me,” mentioned Yu.

Price chart for LLJEFFY, Zerebro co-founder Jeffy Yu's legacy meme coin, May 9, 2025 | Source: DEX Screener

Worth chart for LLJEFFY, Zerebro co-founder Jeffy Yu’s legacy meme coin, Might 9, 2025 | Supply: DEX Screener

In keeping with DEX Screener, the Solana (SOL)-based meme coin LLJEFFY, created to honour Yu’s legacy, has fallen greater than 40% following the information of Yu being alive. A far cry from its earlier excessive when the token skyrocketed as excessive as 2,115% after information of Yu’s livestreamed suicide started to flow into. In the meanwhile, the token has amassed a market cap of $2.1 million.

“When you’re studying this, it’s as a result of my 72-hour deadman’s change triggered, so I’m not right here, at the very least bodily,” mentioned the Zerebro co-founder in a scheduled weblog publish linked to the meme coin.

“It is a legacoin, my remaining artwork piece. $LLJEFFY,” he wrote.

However, Yu’s unique staple token, ZEREBRO, has been on the rise. Prior to now 24 hours of buying and selling, the token has gone up by 22.3%. It’s at present valued at $0.048. Prior to now few days the token has additionally suffered an analogous downfall to its “legacoin” counterpart, dropping by almost 10% prior to now week and declining by 34.8% prior to now two weeks.

Price chart for ZEREBRO in the past few days of trading, May 9, 2025 | Source: crypto.news

Worth chart for ZEREBRO prior to now few days of buying and selling, Might 9, 2025 | Supply: crypto.information

You may additionally like: Pretend ‘Hong Kong coin’ promoted by chief government impersonator account

Controversy surrounding Zerebro founder Jeffy Yu’s ‘suicide’

On Might 4, Zerebro co-founder Jeffy Yu was thought to have dedicated suicide. A video broadcast on meme coin launch platform Pump.enjoyable confirmed Yu smoking a cigarette earlier than taking pictures himself within the neck. The video was then shared a number of occasions on social media platform X.

Two days later, Yu’s obituary was revealed on the memorial platform Legacy. Nonetheless, many merchants suspected Yu had faked his personal demise after on-chain knowledge confirmed that his pockets was nonetheless actively making transactions.

Analytics platforms like Bubblemaps and Lookonchain revealed that the LLJEFFY deployer and related wallets had been actively buying and selling and burning tokens after Yu’ alleged demise. Not solely that, however an unverified letter was discovered indicating that his demise had been staged.

Allegedly written by Yu, the letter said that the Zerebro founder had faked his demise as he believed it was the “solely viable exit from persistent harassment, blackmail, and threats.”

You may additionally like: On-chain clues spark hypothesis Zerebro founder Jeffy Yu isn’t lifeless in any case

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Reading: LLJEFFY tribute coin takes a 40% tumble after Zerebro founder was found alive at home
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