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Pitbull's Album Title Sparks Unaffiliated Crypto Tokens

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Pitbull's upcoming album title 'Pitcoin' has triggered a wave of unaffiliated cryptocurrency tokens.

The most popular token, also named Pitcoin, rallied around 100% in a single day, with daily volume reaching $583,231.

None of the Pitcoin tokens have been endorsed by Pitbull or his label, and most carry market caps below $3,000.

This phenomenon is not unique to Pitbull; copycat meme coins often emerge when a name goes viral.

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