Shiba Shootout Surges as GIGA’s Momentum Wanes
The post Shiba Shootout Surges as GIGA’s Momentum Wanes appeared on BitcoinEthereumNews.com.
Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned. Shiba Shootout emerges as a potential meme coin sensation, surpassing Gigachad’s recent surge. Solana’s Gigachad (GIGA) has recently made waves with a significant price surge, driven by high-profile endorsements. However, as the dust begins to settle, the spotlight is shifting toward a new contender in the meme coin arena: Shiba Shootout. This Play-to-Earn (P2E) project is quickly becoming a favourite among investors, offering not just a meme but a robust ecosystem centered around gaming and community engagement. The Rise of Gigachad (GIGA) on Solana Gigachad (GIGA), a meme coin built on the Solana blockchain, has seen a meteoric rise in recent weeks, fueled by endorsements from well-known figures in the fitness and meme communities. The coin surged 21.2% in a single day after Ernest Khalimov, the model behind the viral Gigachad meme, endorsed the project on his Instagram. Khalimov, also known as Berlin 1969, is famous for his hyper-masculine and chiselled appearance, which has made him a symbol of the “alpha male” persona online. Khalimov’s endorsement was soon followed by a nod from bodybuilder Mike ‘Titan’ O’Hearn, further boosting GIGA’s visibility and appeal. O’Hearn posted a meme referencing Gigachad and Khalimov himself shared a post featuring the Giga Fitness brand. These endorsements helped GIGA reach a market cap of $213 million, although it has since settled to around $191 million. The team behind GIGA attributes their success in securing these…
Filed under: News - @ August 17, 2024 8:19 am