Meme crypto token $GENSLR, takes aim at Gary Gensler and the SEC.
It’s no secret the cryptocurrency communities at odds with Gary Gensler and SEC. The lack of regulatory clarity and oversight has caused a rift. From this rift, $GENLSR was born which on the surface appears to be a form of financial protest.
The coins adopted motto, “Buying $GENSLR to Fire Gensler” provides partial insight into their objective. Their goal is to be the voice of the crypto community, in the same way, Reddit was the voice for GameStop.
“Holding $GENSLR is my voice, it’s my protest against unfriendly US crypto laws. Large and small crypto companies are being forced offshore because they’re afraid of what the SEC will do next. I thought America was built on innovation and the freedom to make our own decisions. I don’t need Gary Gensler or the SEC telling me where I can or cannot invest my money.” – Bear Jesus
The lead developer who goes by the name Good Gary Gensler, manages a well-executed meme account on Twitter. In only six days the community has 2 million mentions of their ticker on Twitter. Their Telegram channel seems active and admittedly funny from the couple minutes I spent in there.
Will Good Gary Gensler, come out on top of this Good vs Bad battle? This is the first time a crypto coin was created as a form of financial protest. The term first movers advantage comes to mind but only time will tell.
Source: Good Gary Gensler website.
