Hey frens✨, welcome to Memecoin Daily #13!
So, what’s 🔥 today on memecoins?
Trump downing 📉
Trump's token, DJT, dropped 31% in value. That may be linked to skepticism about former President Trump's involvement with the crypto. The DJT token experienced significant volatility, raising questions about its legitimacy and the true extent of Trump's connection to it. This decline highlights the speculative nature of meme coins and the potential risks associated with investing in such assets. The article emphasizes the need for caution in the rapidly changing crypto market. Get your popcorn!
coinmarketcap
Pig of the day: Nike! 🐽
Funny story. A picture of Cardano creator Charles Hoskinson's pig, named Nike, inspired the creation of the NIKE memecoin, which reached nearly $1 million in market capitalization within 12 hours. The rapid rise was highlighted by significant trading volumes and high buy/sell activity. The token's launch on platforms like DexHunter further fueled its popularity. Community reactions were mixed, with some expressing optimism and others cautioning about the speculative nature of such memecoins. We love our animals!
Coin of the day: Landwolf! 😜
Disclaimer : I don’t encourage buying memecoins as it’s extremely volatile, neither for the long term hold or short term flip. There’s no financial advice. Just highlighting the ecosystem and showing the beauty of the meme world. Do your own research!
Stay safe out there, and take profits.
Thanks for reading,
Memecoin Daily