Iran Threatens Strait of Hormuz Shutdown—Digital Oil Memecoin Rockets 400% Amid Chaos

Geopolitical tensions send shockwaves through crypto markets as a niche memecoin rides the volatility wave.

When Iran whispers about closing the Strait of Hormuz, traders don’t just buy oil futures—they pile into the most absurd speculative assets. Enter Digital Oil, the memecoin that turned geopolitical brinkmanship into a 400% moonshot.

Why it matters: Crypto markets have become the canary in the coal mine for global instability. While traditional markets wobble, degenerate traders turn chaos into gains.

The irony? A token parodying the petrodollar’s dominance is thriving precisely because real-world oil flows might get disrupted. Wall Street analysts are still writing 50-page reports on the implications—meanwhile, a degen on X just flipped his gas money into a Lambo.

Bottom line: In a world where central banks print money and nations play chicken with shipping lanes, maybe JPEGs of cartoon oil barrels aren’t the worst hedge after all. (Just don’t tell your CFA-holding portfolio manager.)

"Fading the most geopolitically advantaged memecoin AND the ONLY coin endorsed by Peter Schiff himself? COULDN'T BE ME.... $OIL," an X handle supposedly associated with the memecoin, said on the social media platform.

The token came into existence early this year after vocal cryptocurrency and bitcoin critic Peter Schiff published a post on X supporting the idea of creating a digital oil.