Solana’s $MANEKI Memecoin Explodes 30,000% Since Launch: Should You Buy Now?

Solana’s latest sensation, $MANEKI, has ignited a frenzy in the crypto world with an astonishing surge of 30,000% since its debut on Jupiter Exchange. Within a mere four hours of listing, $MANEKI has captivated traders, drawing significant attention and trading volume.

$MANEKI’s exponential rise signals a fresh wave of interest in meme tokens on the Solana blockchain, captivating both crypto enthusiasts and major exchanges.

A Look into the Memecoin Craze

In just 24 hours, $MANEKI’s value has skyrocketed by an incredible 47%, showcasing the remarkable momentum driving this new meme favorite. Notably, $MANEKI has quickly found its place on leading crypto exchanges like Jupiter, Crypto.com, CoinMarketCap, LBank, Gate.io, and Poloniex, with the latest addition being MEXC Global. These strategic listings have played a pivotal role in propelling $MANEKI’s meteoric ascent.

Much of $MANEKI’s popularity surge can be attributed to the buzz reverberating across social media platforms, particularly X (formerly known as Twitter).

The Wizard of Soho, a revered figure in crypto circles, boldly proclaimed,

“Told you guys this cat was a winner. Broke 200mm. $MANEKI will send cope shocks around the space at 1bn.”

Such sentiments have ignited a frenzy among crypto investors, driving a surge in trading activity.

Whales Dive In

The involvement of whales has only served to amplify the excitement surrounding $MANEKI. According to data from LookonChain, a whale known as ‘cat-addict.sol’ has withdrawn a staggering 25,948 SOL (equivalent to $4.05M) from Binance over the past three days.

This particular whale allocated 19,445 SOL (approximately $3.03M) to acquire 456.75M $MEW and an additional 6,503 SOL (roughly $1.01M) to secure 109.64M $MANEKI, signaling a significant investment in these memecoins.

Airdrop Incoming?!

Ahead of its official launch, the Maneki team initiated an airdrop campaign, setting aside 10% of the total $MANEKI 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 stated they are diligently processing the airdrop rewards to ensure all participants receive their fair share of tokens.

Also Check Out : Solana-Based Memecoins Surge! WIF And Bonk Price To Jump 50% In May?

MEW vs MANEKI

Renowned crypto personality Curbo drew parallels between $MANEKI’s trajectory and that of other successful memecoins, remarking, “$MEW vs $MANEKI. #MANEKI is running the #MEW playbook.” This comparison hints at the potential growth and success awaiting $MANEKI, with speculation rife that it could emulate the achievements of other high-performing memecoins.

This Japanese Cat can be the next memecoin to reach $1bn market cap amidst an area dominated by many dogs of the memecoin world. The meteoric rise of Solana’s $MANEKI highlights the growing interest in memecoins within the cryptocurrency community. 

With major exchange listings, influential endorsements, and active social media buzz, $MANEKI could become a significant player in the crypto space. However, investors should remain cautious, as the volatility and speculative nature of memecoins can lead to rapid fluctuations in price.

Read Also: Memecoins Regain Strength, DOGE Price Building Pressure, While dogwifhat Surges Above 15%

Ready to chase the hype? Dive deeper into $MANEKI with your own research before making any investment decisions.