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        "rendered": "Conor McGregor calls out Khabib over NFTs, gets shut down by ZachXBT"
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        "rendered": "<div data-gtm-locator=\"articles\" data-v-0ccfa88e>\n<article id=\"article-232888\" data-v-0ccfa88e>\n<p itemprop=\"description\" data-v-0ccfa88e> The former UFC champion tried to launch his own celebrity memecoin, REAL, in April, but the project failed to gain traction. <\/p>\n<div data-v-0ccfa88e><picture><source media=\"(min-width: 1200px)\" ><source media=\"(min-width: 992px)\" ><source media=\"(min-width: 768px)\" ><source media=\"(min-width: 480px)\" ><img  loading=\"eager\" fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1434\/https:\/\/s3.cointelegraph.com\/uploads\/2025-11\/019ac1fa-0f3a-78f0-9130-c6b430011e71\" alt=\"Conor McGregor calls out Khabib over NFTs, gets shut down by ZachXBT\"><\/picture><\/div>\n<div data-v-0ccfa88e>\n<div data-v-0ccfa88e>\n<p>UFC star Conor McGregor criticized former rival Khabib Nurmagomedov for his non-fungible token (NFT) drop on Telegram, which featured digital \u201cpapakhas\u201d \u2014 a traditional hat worn in Nurmagomedov\u2019s native country of Dagestan.\u00a0<\/p>\n<p>\u201cThere is just no way good guy Khabib used his late father\u2019s name, as well as Dagestan\u2019s culture, to scam his fans and fire sell a bunch of digital NFTs online,\u201d McGregor wrote in a now-deleted X post.\u00a0<\/p>\n<p>Onchain sleuth ZachXBT <a href=\"https:\/\/x.com\/zachxbt\/status\/1993736096019279933\" rel=\"noopener nofollow\" target=\"_blank\">responded<\/a> to McGregor, pointing out that McGregor attempted to <a href=\"https:\/\/cointelegraph.com\/news\/conor-mcgregor-launches-memecoin\">launch his own celebrity memecoin<\/a> in April called REAL. ZachXBT said:<\/p>\n<blockquote><p>\u201cThere is just no way good guy McGregor used his reputation, as well as Irish culture, to scam his fans and fire sell a bunch of digital tokens online and then delete all of the posts after they were sold, leaving his fans robbed of their money?\u201d\u00a0<\/p><\/blockquote>\n<figure>    <img decoding=\"async\" alt=\"Memecoin\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-11\/019ac205-ab3e-7183-b0b5-89d7505d51e6\" title><figcaption><em>Source: <\/em><a href=\"https:\/\/x.com\/zachxbt\/status\/1993736096019279933\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/zachxbt\/status\/1993736096019279933\"><em>ZachXBT<\/em><\/a><\/figcaption><\/figure>\n<p><a href=\"https:\/\/cointelegraph.com\/explained\/conor-mcgregors-real-memecoin-everything-you-need-to-know\">McGregor\u2019s REAL token<\/a> was offered to prospective buyers in a sealed-bid auction to prevent snipers and automated trading bots from manipulating prices at launch. It featured staking rewards for holders, but it only managed to raise 39% of its target launch goal.\u00a0<\/p>\n<p>The funds that were raised were refunded to participants following the failed launch, according to McGregor. The failure of the token was due to multiple factors, including a broad downturn in the crypto market at the time and a <a href=\"https:\/\/cointelegraph.com\/news\/memecoin-market-cap-down-56-past-3-months-what-next\" rel target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/memecoin-market-cap-down-56-past-3-months-what-next\">memecoin bear market<\/a>. <\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"16668327\"><\/template><\/p>\n<p data-ct-non-breakable=\"undefined\"><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/nft-memecoin-markets-rebound-traders-return-risk\"><em><strong>NFT and memecoin markets recover after month-long crypto slump<\/strong><\/em><\/a><\/p>\n<h2>Memecoins have fallen from grace, but will they return?<\/h2>\n<p>Memecoins <a href=\"https:\/\/cointelegraph.com\/news\/memecoins-top-crypto-investor-interest-2024-coingecko\">were one of the hottest narratives<\/a> and best-performing sectors in the crypto market in 2024. However, the parabolic run enjoyed by memecoins came to a screeching halt in 2025.<\/p>\n<p>The decline of memecoins followed several high-profile launches that <a href=\"https:\/\/cointelegraph.com\/news\/trump-memecoins-tank-40-after-us-election-victory\">plummeted in value almost immediately after launch<\/a> or were <a href=\"https:\/\/cointelegraph.com\/news\/milei-libra-token-scandal-107m-rug-pull\">characterized as a rug pull<\/a>, including projects endorsed by US President Donald Trump and Argentina\u2019s President Javier Milei.<\/p>\n<figure>    <img decoding=\"async\" alt=\"Memecoin\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-11\/019ac208-f20d-7e7b-bea7-bce4de5ca4a3\" title><figcaption><em>The memecoin market has been in decline since December 2024. Source: <\/em><a href=\"https:\/\/coinmarketcap.com\/view\/memes\/\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/coinmarketcap.com\/view\/memes\/\"><em>CoinMarketCap<\/em><\/a><\/figcaption><\/figure>\n<p>Memecoins fell to a market cap of $39.4 billion on Friday, reaching the lowest level on record in 2025 and <a href=\"https:\/\/cointelegraph.com\/news\/memecoins-nfts-hit-lowest-2025-crypto-market-selloff\">shedding up to $5 billion<\/a> in one day, according to <a href=\"https:\/\/coinmarketcap.com\/view\/memes\/\" rel=\"noopener nofollow\" target=\"_blank\">CoinMarketCap<\/a>.\u00a0<\/p>\n<p data-ct-non-breakable=\"undefined\"><em><strong>Magazine: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/magazine\/meme-coins-betrayal-crypto-ideals-or-true-purpose\/\"><em><strong>Memecoins: Betrayal of crypto\u2019s ideals\u2026 or its true purpose?<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p><img decoding=\"async\" alt src=\"https:\/\/zoa.cointelegraph.com\/pixel?postId=232888&#038;regionId=1\" data-v-0ccfa88e><\/p>\n<\/div>\n<\/div>",
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