Global cryptocurrency exchange, LBank, has just announced the listing of memecoin $GENSLR (Good Gary Gensler) on its platform. The coin was created to symbolize the strength and unity of the crypto community in overcoming fear, uncertainty, and doubt (FUD) surrounding the industry. It is now available for trading on LBank paired against USDT.
Developers of $GENSLR say that it was created in honor of Good Gary Gensler, founder of the Intergalactic Crypto Defense League (ICDL), and a strong supporter of cryptocurrency.
The coin portrays Good Gary and his sidekick Satoshi the Shiba Inu as they fought to save the crypto world from the destructive forces of the Galactic Banksters and FUD Spreader, armed with a sword of a thousand tokens and Satoshi’s fiery breath.
$GENSLR is a humorous take on U.S. Securities and Exchange Commission Chairman, Gary Gensler, playfully referred to as “Good Gary.”
The coin both criticizes and supports cryptocurrencies, given the Chairman’s stance on cryptocurrency regulations that some fear could limit innovation and impede growth.
The $GENSLR coin embodies the unity and humor of the crypto community in the face of regulatory pressures. It serves as a symbol of the industry’s unwavering support for cryptocurrencies and the belief in the power of innovation and decentralization.
Its tokenomics involve 90% of the supply allocated to liquidity, 5% to CEX listing, and 5% to “whatever Good Gary wants.”
The listing of $GENSLR on LBank marks a significant moment for the crypto community, showcasing the impact that memecoins can have in the industry. It also highlights the power of the crypto community’s unity and humor in the face of regulatory challenges.
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