So I’ve been digging into the weirder corners of the internet, and Luigi Mangione’s ties to crypto might be one of the craziest rabbit holes I’ve gone down. Hear me out, because the timeline and details here are just too much.
First, Luigi’s alt account followed a ton of crypto personalities, kind of a red flag when paired with his computer science background. If that wasn’t enough, blockchain sleuths tracked down his wallet and found out he owned a token called “Milady” which is infamous in certain niche online circles. On top of that, he lived in NYC—one of the world’s biggest crypto centers (and where milady was founded, apparently).
Here’s where it gets wild: IMMEDIATELY after Luigi was caught, a cryptocurrency called $LUIGI was launched. Like, we’re talking zero delay. This wasn’t some random memecoin that fizzled out either. On its very first day, $LUIGI reportedly hit over $60 million in market cap. SIXTY. MILLION. DOLLARS. Fast forward to now, and $LUIGI is still worth millions. It has over 30,000 holders and seems to have evolved into a movement of its own.
But no one knows who created it.
And apparently, that’s super weird for crypto. Even in anonymous projects, there’s usually some hint about the founder or team early on. But with $LUIGI? It’s a total black hole. No one has claimed it, and the community essentially “took it over” after the first day. According to a friend of mine who trades crypto, that’s unheard of. Normally, there’s someone steering the ship, even in decentralized projects. But here? Nothing.
So, who started $LUIGI?
Think about it, the timing makes it feel like it had to be either Luigi himself or someone close to him (maybe his Hawaii roommate?) The coin could’ve started as a joke or tribute that spiraled out of control. The massive early momentum paired with Luigi’s bizarre cult like notoriety pushed it into the mainstream.
The thing that blows my mind is how the crypto community latched onto it. Even with no clear leadership, $LUIGI has turned into this strange decentralized tribute to Luigi’s legacy. People are essentially treating him like some kind of financial meme god.
Whether or not he’s directly involved, $LUIGI is now part of his bizarre cultural footprint. It feels like this coin is supporting Luigi as a movement, financially or otherwise. The total anonymity around $LUIGI’s creation feels too intentional. Was it Luigi? A friend? Someone trying to capitalize on the moment? The truth could completely reframe how we see the coin. The fact that 30,000+ people are holding $LUIGI with no clear founder shows how surreal crypto culture is. This isn’t just a coin—it’s a living, breathing meme powered by Luigi’s insane rise and fall.
So yeah, was $LUIGI a troll that got out of hand, or is Luigi (or someone close to him) still pulling the strings behind the scenes? Either way it feels like something isn’t adding up.
Would love to hear thoughts, especially if anyone has more info on $LUIGI or the early days of the coin. Who tf made this thing??
Sources:
https://www.nysun.com/article/apparel-cryptocurrency-spring-up-luigi-mangione-arrest
https://www.cryptopolitan.com/luigi-coin-soars-35000-after-arrest-of-alleged-shooter-luigi-mangione/
https://news.yahoo.com/news/value-luigi-mangione-meme-coins-020006831.html