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Ibiza Final Boss crypto hits $10 million market cap

Ibiza Final Boss crypto hits $10 million market cap

The viral “Ibiza Final Boss” meme has officially spawned a cryptocurrency, but its namesake, Jack Kay, says he has nothing to do with it. 

According to Finbold’s review of data from leading crypto price and market tracking platform CoinGecko, the Solana-based token, Ibiza Final Boss (BOSS), has already reached a market capitalization of $10.33 million as of publication despite the influencer’s management team publicly denying any affiliation.

Ibiza Final Boss market cap chart. Source: CoinGecko

In a statement to LADbible, Neon Management clarified:

“I can confirm that Jack has not entered into any agreements at this time; however, he is inundated with offers.”

Final Boss of Ibiza cryptocurrency tokenomics

Launched on August 6, the Final Boss of Ibiza crypto experienced a meteoric surge within just two days, reaching a peak market cap of $41.1 million and generating $67 million in trading volume. The rally was short-lived, however, with the token now trading 76.61% below its all-time high of $0.04607.

Currently ranked #1,774 on CoinGecko, Ibiza Final Boss Coin has a circulating supply of 930,379,925 tokens and a maximum supply of 930,382,708. Its market cap calculated by multiplying the current price by the circulating supply remains the core measure of its valuation.

Most trading activity is centered on Raydium, where the BOSS/SOL pair has recorded $10.19 million in 24-hour volume. On-chain analysis from Solscan, a blockchain explorer for the Solana network, reviewed by Finbold, shows the top 10 holders control 193.34 million tokens, or about 20.78% of the total supply, underscoring the high concentration risk.

Ibiza Final Boss Coin token distribution. Source: Solscan

Although BOSS has carved out a presence in Solana’s meme coin scene, the absence of any official endorsement from Jack Kay ‘Ibiza Final Boss’ leaves doubts about its staying power. Like many personality-driven tokens, its price remains highly volatile and is shaped more by social media sentiment than by underlying fundamentals.

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