The digital coin, $FJB, began public trading Nov. 8. In a week of trading, it rose from $0.00000034 to $0.0000009142 USD, according to price tracking website CoinMarketCap.
“We are the greatest country in the world and we are being laughed at on a global stage,” says the official website for the coin, which describes its intention to use the coin to raise money for veterans. “The more the price of $FJB goes up, the more money is donated to charities that benefit veterans.”
Hedge fund manager and public facing $FJB holder James Koutoulas donated $25,000 worth of the cryptocurrency to Auqanauts Adaptive, a dive therapy program for veterans with disabilities, according to a representative of the coin.
Happy to announce my 2nd donation of 25k USD worth of @LGBcoin_io to Aquanauts Adaptive @SCUBAPrograms who provide dive therapy programs to veterans with disabilities. Incredible group of people near and dear to my heart. happy to pay it forward from @pointsnfigures1 🤿 ❤️
— James Koutoulas (@jameskoutoulas) November 11, 2021
The name of the coin is based on the “Let’s go Brandon” chant, which, in addition to the social media hashtag, has become a phenomenon at sporting events across the country.
The chant was popularized after a reporter claimed a NASCAR crowd was chanting in support of driver Brandon Brown, according to Fox 21 News. The crowd appears to be chanting “f*ck Joe Biden.”
