Following a widely-watched hearing where former United States government officials claimed the existence of alien spacecraft and “biologics,” crypto degens wasted no time in creating a plethora of extraterrestrial-themed memecoins. The hearing, which took place on July 26, prompted over 50 tokens related to aliens, UFOs, and other extraterrestrial subjects to emerge within the last 24 hours. However, it is important to note that many of these new memecoins may be scams designed to attract investors. Despite the trending topic, most of these tokens have seen little to no trading activity. Nevertheless, some larger alien-themed memecoins, such as UFO Gaming Token (UFO) and AlienFi token (ALIEN), have experienced slight gains in the past 24 hours.