Going all in on ENGLUND is a far more profitable play than betting on England to win the Euros 2024 with the bookies’ 4/1 odds – here’s why.
With the Football European Championships 2024 starting tomorrow, an England-themed meme coin has popped up on Solana and looks poised to run if England performs well at the tournament.
bought the Englund dip
first meme thats hit me in that special way since Boden and I didn't swoop that one when I should have
— Jebus (@Jebus) June 12, 2024
$ENGLUND To The Moon With England 4/1 Favourites?
The Euros are the second biggest international football tournament behind the World Cup. And with the Euros 2024 kicking off tomorrow in Germany, bookies have Gareth Southgate’s Three Lions as outright favourites to bring football home for the first time since 1966.
This is the first time England has gone into a tournament as favourites since 1970!
On the back of the positive feeling going into this tournament, a meme coin has launched on Solana and the ticker is $ENGLUND.
It launched on June 9 and has ranged between a market cap of $600,000 – $1.7 million over the past 4 days.
Even when it dips, one consistent area of growth is the holder count which is steadily grinding up. Just yesterday Englund barely had 800 holders and today sits just shy of 1000 with 965.
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Real Price Action Will Begin Once England Take To The Pitch
Englund will likely continue to range between now and Sunday, but the real fun begins once England kick-off their quest for glory at 8pm GMT+1 on Sunday, June 16, against Serbia.
The price action for Englund will be tied to the team’s performance on the pitch, and a good start for the tournament favourites will surely result in a huge green candle.
England are nailed on to win their group, which consists of Serbia, Slovenia and Denmark, all teams with much less quality than the Three Lions.
By June 25, England will have played all three of its group games and, barring a disaster, will likely top its group and proceed to the knock-out stages of the tournament.
If the group stage plays out as expected, expect $ENGLUND to pump gloriously over the next 12 days.
this account is also run by irl friends who are running the coin so if they tweet anything offensive just know they have my full backing and i also mean every word of it https://t.co/WgSg6VMYUc
— $ENGLUND (@ENGLUNDSOL) June 12, 2024
One final thing to note for Englund is that BarneyTheBoi, a British crypto influencer with over 50,000 followers, is supposedly behind the project.
His Twitter account was recently suspended, and a tweet from the Englund account said, “suspended on @barneytheboi, will be using this account till unsuspended, down bad fr fr”.
If this is true, then having such a notable influencer behind the project can only help pump the charts as England attempts to bring silverware home for the first time in nearly 60 years.
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