New Solana meme coin explodes 30,000% at launch as whales continue buying, NuggetRush price pumps

New Solana meme coin explodes 30,000% at launch as whales continue buying, NuggetRush price pumps

full version at invezz

Solana meme coins have been on a roll this bull run, with BONK, WIF, and BOME being just some of the hot ones. 

The most recent addition, MANEKI, has caused quite a stir in the cryptocurrency world today, drawing considerable attention and trading activity. Solana’s newest memecoin, $MANEKI, has seen an incredible surge of 30,000% since it was introduced. 

As soon as this meme coin was listed on Jupiter Exchange, it caught cryptocurrency traders, drawing attention. You would think you are too late since the price has already pumped heavily, but one whale doesn’t think so.

Simultaneously, NuggetRush, a meme coin on Ethereum, also launched this week on exchanges following a successful presale and has seen its price pump by 20% since its launch.

MANEKI: The Solana Cat Coin sensation

MANEKI is a new Solana meme coin that caught investors’ attention with a huge 30,000% pump following its launch on the Jupiter exchange. 

Solana native cat coin $MANEKI, known as the Japanese beckoning cat, is a legendary leader with the wisdom of ages and the power to bring fortune to those who rally under its banner. $MANEKI is a symbol of good luck, success, prosperity, wisdom, and leadership.

LookOnChain reported that a whale address, “bazingahappy,” spent 10,138 SOL ($1.52M) to buy 76.94M $MANEKI at an average price of $0.0198. This same address accurately bet on $BOME and withdrew 12,721 SOL ($2.3M) from Binance on March 15 to buy $BOME. 

The analysis suggests that this whale has a keen eye for potentially profitable meme coin opportunities.

MANEKI is now trading around $0.023, and its market cap has already reached $200 million, showcasing the intense interest and speculation surrounding this new Solana meme coin.

NuggetRush: A play-to-earn meme coin on Ethereum

NuggetRush, a novel meme coin, made its debut on Uniswap this week, following a successful presale that raised $3.8 million in funding.

This is a new Play-to-Earn (P2E) meme token that excites investors with its gameplay centered around gold mining. Players engage in the game by building a gold mining operation, where they can mine for gold nuggets and earn rewards. 

The gameplay experience is designed to be thrilling and engaging, offering players the opportunity to immerse themselves in the world of gold mining while earning rewards through their in-game activities.

To manage and operate your own virtual gold mining operation, players navigate a detailed virtual landscape to search for areas with high mineral potential. Players tap into tools like geophysical surveys, soil sampling, and traditional prospecting techniques. 

They engage in activities such as digging shafts, setting up tunnels, and operating machinery to extract valuable minerals and assets. In this way, players continuously improve their mining operations, explore new territories, and compete for the highest yields.

Meanwhile, NuggetRush users can collaborate with other miners by forming partnerships or joining mining guilds to increase efficiency and share rewards. 

They earn rewards through various in-game activities like tournaments, quests, battles, and ranked play.

Additionally, players receive real-world rewards in the form of RUSHGEM NFTs that can be redeemed for physical gold and shipped directly to the player’s location.

NuggetRush’s NUGX token is currently at a relatively low market cap of just $12.8 million, suggesting potential room for growth as the project gains traction.

Conclusion

The meteoric rise of MANEKI, with its 30,000% pump, exemplifies the ongoing meme coin mania on the Solana blockchain. 

As whales continue to invest in these speculative assets, the frenzy surrounding meme coins shows no signs of slowing down.On the other hand, NuggetRush’s Play-to-Earn model and the potential for real-world rewards have caught the attention of investors in the Ethereum ecosystem.

With its relatively low market cap, NuggetRush may potentially present an intriguing opportunity for those seeking exposure to the growing meme coin and GameFi sectors.

For all things NUGX you can visit us.

The post New Solana meme coin explodes 30,000% at launch as whales continue buying, NuggetRush price pumps appeared first on Invezz

Recent conversions

0.0044 BTC to EUR 0.065 BTC to NOK 0.3 ETH to AUD 3500 ISK to BTC 650 SOL to AUD 1 XRP to CZK 11 BTC to CZK 600 NT to NOK 350 MAD to USD 109 ETH to AUD 0.0093 BTC to BTC