Mario Nawfal： To support the same named meme coin CTO, we have purchased $50000 and will airdrop it once its market value reaches $500 million

BlockBeats News: On January 26th, Mario Nawwal, founder and CEO of Dubai venture capital firm IBC Group, posted on social media that he has purchased $50000 to support the eponymous meme coin MARIO CTO. When the market value of Contemporary Coin reaches $500 million, it will be airdropped to 100 active community members on X. Previously, Mario Nawwal announced that he had destroyed the MARIO tokens airdropped to his wallet, which were worth $7 million at the time of destruction. As of press time, according to the GMGN market, the market value of MARIO token has exceeded 25 million US dollars within 8 hours of issuance, with a turnover of over 51.6 million US dollars. BlockBeats reminds users that meme coins have no actual value and users need to be cautious when investing.