Solana’s $MANEKI Memecoin: A 30000% Surge Since Launch – Should You Invest?

SOLANA SOL

Solana’s newest memecoin, $MANEKI, has seen an astonishing surge of 30,000% since it was introduced. Within a mere four hours of being listed on the Jupiter Exchange, this memecoin has caused quite a stir in the cryptocurrency world, drawing considerable attention and trading activity.

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The remarkable rise of $MANEKI signals a growing fascination with meme tokens built on the Solana network, capturing the interest of both crypto enthusiasts and prominent exchanges.


$MANEKI Emerges as Memecoin Phenomenon with 47% Surge

$MANEKI, the latest sensation in the memecoin world, has seen an impressive surge of 47% within the last 24 hours, indicating a strong start for this emerging token. This surge coincided with its listing on major cryptocurrency exchanges such as Jupiter, Crypto.com, CoinMarketCap, LBank, Gate.io, Poloniex, and the recent addition, MEXC Global. These listings and verifications have played a significant role in driving the rapid growth of $MANEKI.

Social media platforms like X (formerly Twitter) have also contributed to the popularity of $MANEKI, with notable crypto influencer The Wizard of Soho expressing bullish sentiment, predicting significant success for the token and igniting further interest among investors.

Whale activity has further fueled excitement surrounding $MANEKI, with reports from LookonChain indicating a substantial withdrawal of 25,948 SOL (valued at $4.05M) from Binance by a whale identified as ‘cat-addict.sol’. This whale allocated a significant portion of their funds to acquire $MEW and $MANEKI tokens, signaling a strong investment interest in these memecoins.

Ahead of its official launch, the Maneki team conducted an airdrop campaign, setting aside 10% of the total supply of 8.88 billion $MANEKI for the community. However, some participants encountered delays in receiving their airdrop tokens as initially promised. The team has acknowledged these concerns and reassured participants of their commitment to ensuring that all eligible recipients receive their allocated tokens through ongoing distribution efforts.

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$MANEKI: The Next Big Memecoin Phenomenon?

Curbo, a prominent figure in the crypto community on X, recently drew parallels between $MANEKI and other successful memecoins, suggesting that $MANEKI is following a similar trajectory to these high-performing tokens. Comparing $MANEKI to $MEW, Curbo hinted at the potential growth and success of $MANEKI, sparking speculation that it could achieve significant milestones akin to other successful memecoins.

The rise of $MANEKI, inspired by the Japanese cat theme, signifies a new wave of interest in memecoins within the cryptocurrency community. Amidst a market dominated by “dog” memecoins, $MANEKI’s meteoric ascent on Solana’s network underscores the increasing fascination with these unconventional digital assets.

With listings on major exchanges, endorsements from influential figures, and active engagement on social media platforms, $MANEKI has the potential to carve out a significant presence in the crypto space. However, investors should exercise caution, as the volatile and speculative nature of memecoins can result in rapid price fluctuations.


Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

 

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  • Asad

    Asad is a dynamic and talented cryptocurrency content author who brings a wealth of knowledge and enthusiasm to every article. With a deep understanding of blockchain technology and a passion for digital assets, Asad's writing is both informative and engaging.

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