The value of ‘Luigi Coin’ has surged by 18% following the U.S. announcement that prosecutors plan to seek the death penalty for Luigi Mangione, accused of murdering UnitedHealthcare CEO Brian Thompson. This rise in price is mirrored by a notable increase in market capitalization to $3 million and trading volume exceeding $3 million within 24 hours. 26-year-old Mangione was apprehended following a planned attack that killed Thompson just last year. The recent surge coincides with the market’s renewed appetite for risky assets, spurred on by Paul Atkins’ appointment as SEC chairman. Meanwhile, Bitcoin is approaching $90,000, and Ethereum continues its bull run towards the $2,000 level. Memecoins are also experiencing a resurgence, driven by excitement surrounding Donald Trump’s special dinner for ‘Official Trump’ memecoin holders. 4%, with SHIB surging 5%.