Mario Nawfal: To support the CTO of the meme coin of the same name, he has bought $50,000 and will airdrop it after its market value reaches $500 million

On January 26, Mario Nawfal, founder and CEO of Dubai venture capital firm IBC Group, posted on social media that to support the MARIO meme coin, he has bought $50,000 worth, and when the token reaches a market cap of $500 million, he will airdrop it all to the 100 most active community members on X. Previously, it was reported that Mario Nawfal had burned the MARIO tokens airdropped to his wallet, which were worth $7 million at the time. As of the time of writing, according to GMGN data, the MARIO token has surpassed a market cap of $25 million and a trading volume of over $51.6 million within 8 hours of its launch. BlockBeats reminds users that meme coins have no real value, and users need to invest cautiously.