According to @godbole17, the digital oil memecoin $OIL (OILUSDT) has experienced a several hundred percent increase, establishing itself as a new crypto safe haven during heightened geopolitical tensions between Iran and Israel. While Bitcoin (BTC) dropped by over 15%, traders shifted liquidity toward $OIL, highlighting the impact of global conflicts on crypto market sentiment and the rise of commodity-themed memecoins as alternative hedges (source: Twitter/@godbole17). This trend demonstrates that market participants are seeking non-traditional assets for risk management amid volatility.