The cryptocurrency world has witnessed a remarkable surge in the popularity of Solana’s latest memecoin, $MANEKI, which has skyrocketed by an astonishing 30,000% since its launch.
This meteoric rise has caught the attention of crypto enthusiasts and major exchanges alike, sparking a new wave of interest in Solana-based meme tokens.
TLDR
- Solana’s new memecoin $MANEKI has seen a staggering 30,000% price surge since its launch, attracting widespread attention and significant trading volume.
- Major crypto exchanges, including Jupiter, Crypto.com, CoinMarketCap, LBank, Gate.io, Poloniex, and MEXC Global, have listed $MANEKI, contributing to its rapid growth.
- Social media platforms like X (formerly Twitter) have played a role in fueling the hype and popularity of $MANEKI, with influential crypto personalities endorsing the memecoin.
- Whale activity has also contributed to the excitement surrounding $MANEKI, with a whale identified as ‘cat-addict.sol’ investing a significant amount in the memecoin and its counterpart $MEW.
- The Maneki team had launched an airdrop campaign before the official launch, but some participants did not receive their airdrop tokens as initially promised, leading to concerns addressed by the team.
Just four hours after listing on the Jupiter Exchange, $MANEKI has taken the cryptocurrency community by storm, garnering widespread attention and significant trading volume.
The surge in price and trading activity can be attributed to a combination of factors, including major exchange listings, influential endorsements, and active social media buzz.
One of the key drivers behind $MANEKI’s rapid growth has been its listing on major cryptocurrency exchanges. In addition to Jupiter, the memecoin has secured listings on popular platforms such as Crypto.com, CoinMarketCap, LBank, Gate.io, and Poloniex, with MEXC Global being the latest addition.
These listings have played a crucial role in increasing the accessibility and exposure of $MANEKI to potential investors, contributing to its widespread adoption and trading volume.
Social media platforms like X (formerly Twitter) have also played a significant role in fueling the hype and popularity of $MANEKI. Well-known crypto influencers, such as The Wizard of Soho, have endorsed the memecoin, expressing their confidence in its potential for success.
The price of $MANEKI has increased by more than 30,000% since its launch!
If you hold $MANEKI or want to buy $MANEKI, you must pay attention to these 7 wallets.
These 7 wallets(possibly belonging to the same person) spent 3,388 $SOL($525K) to buy 3.99B $MANEKI (44.9% of the… pic.twitter.com/19vTM3Pjpk
— Lookonchain (@lookonchain) April 25, 2024
Statements like “Told you guys this cat was a winner. Broke 200mm. $MANEKI will send cope shocks around the space at 1bn” have resonated with crypto investors, leading to a surge in trading activity.
Whale activity has further contributed to the excitement surrounding $MANEKI. According to blockchain analytics platform LookonChain, a whale identified as ‘cat-addict.sol’ withdrew 25,948 SOL (valued at $4.05M) from Binance in the past three days.
This whale then spent a significant portion of these funds, investing 19,445 SOL (approximately $3.03M) to buy 456.75M $MEW and an additional 6,503 SOL (around $1.01M) to purchase 109.64M $MANEKI. Such substantial investments from whales have added credibility and fueled speculation about the potential growth of these memecoins.
The Maneki team had launched an airdrop campaign before the official launch, allocating 10% of the total supply of 8.88 billion $MANEKI to the community airdrop. However, some participants did not receive their airdrop tokens as initially promised, leading to concerns within the community.
The team has addressed these concerns and announced that they are still processing the airdrop rewards to ensure all participants receive their allocated tokens.
