CoinEx Academy

The Cat that Brings Fortune to Crypto Investors

2024-04-29 04:00:00

In the fast-paced cryptocurrency market, there’s always a trending and rapidly increasing coin, which often becomes popular. A new Memecoin, Maneki, is named after a Japanese figurine and is based on the Solana blockchain.

Its volume increased to $200 million in just 12 hours, which is quite huge and fast. Maneki has become a trending topic in the cryptocurrency community because of its special theme and outstanding price performance. Maneki is said to live up to its name by bringing good luck.

What is MANEKI?

MANEKI is a newly launched Memecoin that has gained a pull in the Solana network. This token is said to have been inspired by a Japanese beckoning cat.

It has gained popularity because of its amazing increase in value since it was released. Just three hours after it was launched, it gained an awesome increase of 14000%, which made it reach a market cap price of $90 million.

This remarkable increase in value reignited people’s thoughts and sayings about the renewed presence of Memecoins in the cryptocurrency space.

The driving force for this token is the success stories of profits from this memecoin. The Maneki community’s determination is shown by the memecoin’s results, skyrocketing by over 20,000% in 12 hours and gaining a trading value of over $200 million.

This performance is remarkable since most cryptocurrencies are under a period of correction.

History of Maneki token

The Maneki token is named after a Japanese figurine that looks like a beckoning cat. Maneki is said to symbolize good fortune, prosperity, and success. This coin has quickly gained traction in the Solana network.

The cat-named coin, Maneki, is based on the Solana blockchain. The Solana blockchain, on the other hand, is renowned for its speed and scalability, with thousands of transactions per second (TPS), because of its original webscale qualities. These transactions are said to be 3800 times faster than those of Ethereum and 10,000 times faster than those of Bitcoin.

Solana’s average block time of 600 milliseconds and other interesting features are also brought about by its hybrid protocols. All these encouraging attributes ensure that transactions with the Maneki token are fast and smooth.

The core value of the Maneki token lies in its belief in the philosophy of fair transfer and sharing of wealth within its ecosystem.

It is known as the world’s first deflationary cryptocurrency, fuelled by a real ecosystem, a seeding program for new innovative blockchain-spaced projects, a vetted launchpad for new initial coin offerings (ICOs) or initial digital offerings (IDOs), the world’s first governed liquidity pool protocol for ICOs or IDOs, and so on.

MANEKI Price Rise in CoinEx

As of April 29th, data from CoinEx shows that the price of MANEKI has increased by approximately 18.86% in the last 7 days, with the current price at 0.01203 USD.