Memecoins
Solana’s $MANEKI Memecoin Skyrockets 30,000% Since Launch: Is It Worth Buying?
Solana’s latest sensation, $MANEKI, has sparked a frenzy in the crypto world with an astonishing 30,000% rise since its debut on Jupiter Exchange. In just four hours after listing, $MANEKI captivated traders, attracting significant attention and trading volume.
The exponential rise of $MANEKI signals a new wave of interest in meme tokens in the market. Blockchain Solanacaptivating both crypto enthusiasts and large exchanges.
A look at the Memecoin craze
In just 24 hours, $MANEKI’s value soared by an incredible 47%, demonstrating the remarkable momentum behind this new favorite meme. Notably, $MANEKI quickly found its way onto major crypto exchanges such as Jupiter, Crypto.com, CoinMarketCap, LBank, Gate.io, and Poloniex, with the latest addition being MEXC Global. These strategic listings played a central role in the meteoric rise of $MANEKI.
Much of $MANEKI’s rise in popularity can be attributed to the buzz rippling across social media platforms, particularly on X (formerly known as Twitter).
The Wizard of Soho, a revered figure in crypto circles, boldly proclaimed:
“I told you this cat was a winner. Broken 200mm. $MANEKI will send shock shocks into space in the amount of 1 billion.
Such sentiments have sparked a frenzy among crypto investors, leading to an increase in trading activity.
Whales dive
The involvement of the whales only amplified the enthusiasm generated by $MANEKI. According to data from LookonChain, a whale known as “cat-addict.sol” has removed a staggering 25,948 animals. GROUND (equivalent to $4.05 million) of Binance over the last three days.
This particular whale allocated 19,445 SOL (approximately $3.03 million) to acquire $456.75 million MEW and an additional 6,503 SOL (approximately $1.01 million) to secure $109.64 million MANEKI, signaling significant investment in these memecoins.
Airdrop incoming?!
Ahead of its official launch, Team Maneki launched an airdrop campaign, reserving 10% of $MANEKI’s total supply for the community.
However, there were some hiccups as some participants reported delays in receiving their airdrop tokens as initially promised. Assuring the community, the team said they are diligently processing airdrop rewards to ensure all participants receive their fair share of tokens.
Also discover: Surge of Solana-based Memecoins! Will WIF and Bonk prices jump 50% in May?
MEW vs. MANEKI
Renowned crypto personality Curbo drew parallels between $MANEKI’s trajectory and that of other successful memecoins, noting: “$MEW vs. $MANEKI. #MANEKI executes the #MEW playbook. This comparison hints at the potential growth and success that awaits $MANEKI, with widespread speculation that it could emulate the achievements of other high-successful memecoins.
This Japanese cat could be the next memecoin to reach a $1 billion market cap in an area dominated by many of the memecoin world’s dogs. The meteoric rise of Solana’s $MANEKI highlights the growing interest in memecoins within the cryptocurrency community.
With major stock listings, influential backers, and active buzz on social media, $MANEKI could become a significant player in the crypto space. However, investors should remain cautious, as the volatility and speculative nature of memecoins can cause rapid price fluctuations.
Read also: Memecoins regain strength, DOGE price pressure increases, while dogwifhat exceeds 15%
Ready to chase the hype? Dive deeper into $MANEKI with your own research before making an investment decision.