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Toilet Paper Token: Fools’ Day at CoinMarketCap

01 April 2020 15:18, UTC
Toilet Paper Token: Fools’ Day at CoinMarketCap
By Anna Martynova

April Fools’ Day joke on CoinMarketCap appeared on the evening of March 31. However, not all users appreciated the company's humor. Now, there is a Toilet Paper Token in the ranking list of the crypto tracking portal. It supposedly overtook Bitcoin and it is listed as a number “0”. In the crypto market, the new token has the highest trading volume in 24 hours. According to CoinMarketCap, the token has grown by 1124%. If you go to its page, the crypto data site redirects users to the page with a humor article.

Obviously, such a joke was born against the background of news that said there was a shortage of toilet paper and other goods amid the pandemic. Many people were so worried about stocks of basic goods that they bought up everything more than enough. The current volume of the TPT token also now says “out of stock”.

April Fools' joke was not appreciated by everyone. Сommentators write that it’s too early to joke, people are dying. Someone claims that they have little to worry about, citing information about the buying of the portal by the Binance exchange. Earlier, the German Ministry of Health urged not to joke on the theme of coronavirus, not to create fictional stories and not to generate misinformation. CoinMarketCap claims it had no intention of joking about the coronavirus. The purpose of the joke, according to the company, is to pay attention to an unreasonably high demand for different goods.



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