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The undeniable link between Bad Bunny, $CONCHO meme coin

By Guardian Nigeria
14 January 2025   |   3:02 am
In an unexpected twist that blends the worlds of music, cryptocurrency and internet culture, investigative journalists have uncovered that Bad Bunny, the globally renowned Puerto Rican reggaeton artist, is informally behind the rising meme coin $CONCHO (also known as Hispanic Pepe). The coin, which has taken the Solana blockchain by storm, is quickly gaining traction…

In an unexpected twist that blends the worlds of music, cryptocurrency and internet culture, investigative journalists have uncovered that Bad Bunny, the globally renowned Puerto Rican reggaeton artist, is informally behind the rising meme coin $CONCHO (also known as Hispanic Pepe). The coin, which has taken the Solana blockchain by storm, is quickly gaining traction in the crypto space and several well-placed sources suggest a strategic connection to the artist.

The trail of this investigation first heated up when Quique Rivera, a prominent graphic designer and creative mind at Acho Studio, officially endorsed $CONCHO. Rivera, who is known for his collaboration with Bad Bunny on the album artwork for the artist’s most recent album, DeBÍ TiRAR MáS FOToS, took to social media to give his stamp of approval for the coin.

This endorsement raised immediate questions, as Rivera’s deep ties to Bad Bunny made it clear that the coin was not just another viral joke.

The fact that the creator of the “Concho” meme, which plays on Puerto Rican culture, was throwing his support behind the token seemed too significant to ignore.

Sources familiar with the situation revealed that Rivera, who has worked closely with Bad Bunny in the past, was, in fact, one of the creative forces behind the meme’s rise to fame.

The “Concho” meme, a playful reference to a popular internet character dubbed “Hispanic Pepe,” was meant to coincide with the release of Bad Bunny’s album.

Given the close relationship between the two, it’s not a stretch to imagine that the artist had been part of the broader strategy surrounding the meme coin’s development.

In what may be the strongest piece of evidence yet, a highly reputable source from Binance, who spoke on the condition of anonymity, confirmed that the exchange is considering listing $CONCHO.

The source stated that the coin is generating significant interest in the market and is being evaluated for its potential to reach a billion-dollar-plus market capitalisation, much like other meme coins that have gone viral.

Binance’s potential listing of $CONCHO is significant for multiple reasons. First, it suggests that the cryptocurrency exchange sees strong fundamentals behind the coin, rather than just another fleeting internet fad. The coin’s rapid rise in value and its widespread appeal, which transcends typical meme coin audiences, have placed it firmly on Binance’s radar. If listed, $CONCHO could join the ranks of meme coins like $PNUT, which saw massive success after being picked up by major exchanges.

This level of institutional attention further hints that $CONCHO is not just the result of an internet trend, but something with deeper strategic backing. The connection to Bad Bunny could be the key to understanding why the coin has captured the attention of the crypto community, despite its relatively short existence.

A top cryptocurrency analyst from a leading American financial institution, who also requested to remain unnamed, further emphasized the unique potential of $CONCHO. According to the analyst, the broad appeal of the coin sets it apart from the vast majority of meme coins.

Unlike many digital tokens that target niche communities, $CONCHO has attracted a diverse audience thanks to its cultural relevance, playful nature, and ties to Bad Bunny’s massive global fanbase.

The analyst also pointed to the impressive chart performance since $CONCHO’s launch a few days ago. Despite its recent debut, the coin has shown itself to have a healthy and stable floor, supported by consistent buy-in from a wide range of investors.

The chart’s trajectory, combined with the
consistent volume of transactions, suggests that the coin is not just a flash in the pan, but rather a digital asset with long-term potential.

“The movement of $CONCHO’s chart reflects something more than just meme hype,” the analyst explained. “It has a much broader appeal than most meme coins, which are often fueled by in-jokes or isolated communities. This coin is striking a cultural chord, which is why its market behavior is different.”

Fans of Bad Bunny, who already have a deep emotional connection with his music and persona, are now rallying behind the coin as a way to participate in the artist’s latest digital project. The coin’s association with one of the world’s biggest music stars gives it a unique edge over traditional meme coins that rely mostly on influencers or anonymous developers to gain traction.

As the $CONCHO meme coin continues to gain momentum, it’s becoming increasingly clear that this could be a turning point for meme coins. Traditionally seen as speculative investments with no real backing, meme coins are beginning to blend entertainment, culture, and finance in a way that challenges the traditional boundaries of cryptocurrency.

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