Viral Hollywood Sign Stunt Sparks 63,000% Surge for New Altcoin

A man is under arrest after staging a dramatic publicity stunt atop the famous Hollywood sign, where he waved a flag promoting Vigilante Token (VIGI).

This highly visible cryptocurrency advertisement occurred at the renowned landmark, which stands on Mount Lee at 181 meters above sea level. Known for its status as a major tourist attraction, the Hollywood sign is surrounded by high security, including surveillance systems designed to alert authorities to any suspicious activity.

The individual, dressed in dark attire and a ski mask, was reported to the LAPD today after he made the risky climb. As a result of the stunt, Vigilante Token briefly surged to a market capitalization of $5.5 million, experiencing a stunning 63,140% increase in value, aided by the local media attention it attracted.

However, the excitement proved short-lived, with the token’s price plummeting by over 40% from its peak. The Vigilante team had hinted at the stunt over the weekend, promising a launch in the most attention-grabbing way possible. They positioned the stunt as a symbol of their commitment to the project.

In follow-up social media posts, the project teased an even bigger marketing effort, claiming it would be “10 times bigger” than the Hollywood stunt. The project now also suggests the possibility of locking the token’s supply through an upcoming poll, demonstrating just how far some crypto projects will go in their quest for attention in an increasingly crowded market.