Wrestling legend Terry Bollea, famously known as Hulk Hogan, died at age 71 on Thursday after being rushed to the hospital following a suspected cardiac arrest.
Source: X (@VinceMcMahon)
Hogan was a cornerstone of 1980s professional wrestling and one of the most recognized faces in the WWF/WWE, building a multi-decade career that crossed into film, television, and endorsements.
Just days earlier, Ozzy Osbourne, the iconic frontman of Black Sabbath, passed away at age 76.
Known as the “Prince of Darkness,” Osbourne was a pioneering figure in heavy metal, leaving behind a legacy that included over 75 million albums sold worldwide.
The deaths of both icons triggered the rapid creation and surge of memecoins based on their personas
According to data from DEXTools, a Wrapped Ethereum (wETH) token called Hulkmanaia (HULK) surged by over 122,000%, reaching a peak price of $0.001335 just hours after it was launched.
Simultaneously, another token dubbed The Mad Man (OZZY) saw a spike of 16,800%, briefly touching $0.003851 with a market cap north of $3.85 million.
It is important to note that these tokens are not officially affiliated with the estates of Hulk Hogan or Ozzy Osbourne.
Ozzy’s passing also ignited interest in the CryptoBatz NFT collection, a project officially associated with the rock legend.
Source: X (@OzzyOsbourne)
Fans rushed to acquire limited editions, fueling secondary market activity and price jumps.
In a related development, a previously launched Solana-based memecoin, also called HULKAMANIA (HULK), saw a dramatic revival. After lying dormant since its debut in June 2024, the token jumped by over 2,000% in the past 24 hours, trading at $0.0006146 and reaching a market cap of approximately $500,000.
Source: X (@hulkhogan)
This token had previously gone viral after what appeared to be a promotion on Hogan’s X account, though the posts were later deleted and denied by Hogan, who stated they were unauthorized.
While the idea of Hulk Hogan and Ozzy Osbourne memecoin trading has captured the attention of fans and crypto speculators alike, many of these tokens are likely rug pulls, fraudulent schemes where developers vanish with investor funds.
These opportunistic launches are part of a broader pattern in the crypto world, where memecoins often emerge after the death of public figures. Previous examples include tokens based on OJ Simpson and Henry Kissinger, both of which drew criticism for capitalizing on tragedy.
Despite the controversy, tributes poured in across social media. Fans hailed Hulk Hogan as the “greatest wrestler of all time” and Ozzy Osbourne as a “one-of-a-kind rock god.”
Thousands took to forums, X, and Reddit to share memories, music, videos, and match highlights, reflecting on the impact these two icons had on global culture.
No. Neither the HULK nor the OZZY tokens are officially endorsed or affiliated with the estates of Hulk Hogan or Ozzy Osbourne.
Generally, no. These types of tokens are often created quickly to capitalize on trending news and may pose a high risk of rug pulls or scams. Always do thorough research before investing.
CryptoBatz is an NFT collection launched in partnership with Ozzy Osbourne. Unlike the memecoins, this project had official ties to the artist and has gained renewed interest following his death.
This pattern is common in crypto markets. News about a celebrity’s death can create emotional buying frenzies, speculation, and quick-profit motives, which drive up prices temporarily.
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