The information superhighway took a sharp detour into Web3 for many people. Web3 investments made millionaires out of some, but broke degens out of others. Now, Ric Flair is throwing his hat into the game with a new altcoin.
Ric Flair’s New Cryptocurrency
Ric Flair is now plugging a new altcoin called WoooooCoin. He made sure to specify that there are 5 Os in the Wooooo. The Nature Boy did so while dropping a highly energetic video to plug this coin’s drop.
While rocking a sun tan and a bandage on his nose for some reason, Ric Flair cut a promo about his new altcoin. He made is clear that the whitelist is now open for what he is calling “the hottest” cryptocurrency of 2023.
Wooooo! Coin… There Is Only One True Wooooo! Get In On The Hottest Crypto Project Of The Year! Whitelist Is Now Open!
It’s important to remember which altcoin this is, if you decide to throw any money at this coin, because there is already a WoooooCoin on the market with Ric Flair’s likeness. This new coin is apparently a different coin, as altcoins are known to rip off popular memes without any endorsement or affiliation.
Wooooo! Coin… There Is Only One True Wooooo! Get In On The Hottest Crypto Project Of The Year! Whitelist Is Now Open!https://t.co/rLtcpeLY23https://t.co/dqUY4gPazJ
Join The Community On Telegram And Get On The Whitelist! pic.twitter.com/byhsrJr4vn
— Ric Flair® (@RicFlairNatrBoy) December 22, 2023
What Are Web3 Altcoins?
Web3 altcoins, sometimes called “sh*tcoins,” are digital assets built on a decentralized blockchain technology. In the realm of Web3, altcoins serve as a tradable commodity outside traditional cryptocurrencies like BitCoin and Ethereum.
Unlike traditional cryptocurrencies, altcoins are specifically designed to align with the principles of a decentralized web, removing intermediaries, and creating transparency within communities. As the Web3 space evolves, these altcoins have obviously attracted a plethora of celebrity and influencer endorsements along the way, all with varying degrees of failure attached.
Some altcoins go beyond the initial pump and dump, because they are backed by strong communities, like $Doge, $Pepe, $Dork, and others, but the jury is still out regarding how much of a liquidity pool WoooooCoin will be able to pull in.
Ric Flair is also plugging his Wooooo Energy drink, which is a big part of his AEW contract. He will also likely continue appearing for Tony Khan, when ever they can find a way to use him.