Mario Nawfal: To support the meme coin CTO with the same name, I have bought $50,000 and will Airdrop it after its Market Cap reaches $500 million.

BlockBeats news, on January 26, Mario Nawfal, the founder and CEO of Dubai venture capital company IBC Group, posted on social media that in order to support the meme coin MARIO CTO of the same name, he has bought $50,000. When the Token reaches a market cap of $500 million, it will be airdropped to the top 100 active community members on X. Prior to this, Mario Nawfal announced that the MARIO Tokens airdropped to his Wallet had been burned, with a value of $7 million at the time of burning. As of the time of writing, according to GMGN market, MARIO Token issuance has surpassed a market cap of $25 million in 8 hours, with a trading volume of over $51.6 million. BlockBeats reminds users that meme coins have no actual value, so users should invest cautiously.