Cardano Founder’s Pig Inspires NIKE Memecoin, Hits Nearly $1M in 12 Hours
The post Cardano Founder’s Pig Inspires NIKE Memecoin, Hits Nearly $1M in 12 Hours appeared on BitcoinEthereumNews.com.
Cardano founder Charles Hoskinson’s pig, Nike, inspired a meme coin that clinched a market cap close to $1 million in 12 hours due to market interest. Hoskinson has revealed on social media that a picture of his pig, named Nike, has inadvertently sparked the creation of a meme coin. This meme coin has surged to nearly a million dollars in market capitalization within just 12 hours. Notably, Hoskinson expressed his surprise over this rapid development. I’m at a loss that a picture of my pig has resulted in a memecoin that is nearly at a million dollars in under 12 hours. pic.twitter.com/Hzhe0qjkI0 — Charles Hoskinson (@IOHK_Charles) June 18, 2024 NIKE Token’s Rise and Metrics The memecoin, named “NIKE,” was showcased in a screenshot from TapTools, highlighting its market data. As of the snapshot, the token’s price stood at $0.00061 with a liquidity of $40.32K. The market capitalization reached $610.84K, and the fully diluted valuation mirrored this figure. Per the snapshot, the daily trading volume was recorded at $274.39K. Performance statistics revealed substantial growth over various periods: a 1-hour increase of 88.83%, a 4-hour surge of 861.11%, and a 24-hour rise of 80,370%. Over the span of 7 and 30 days, the token maintained a consistent growth rate of 76,290%. Buy and sell metrics showed a high level of activity with 1,189 buys and 749 sells. The buy volume was $159.70K, while the sell volume was $121.32K, reflecting significant trading interest in the newly minted token. NIKE is Also Live on DexHunter Following Hoskinson’s post, a commenter highlighted that the NIKE token was already live on DexHunterIO, providing further insights into its trading activity. The trading pair NIKE/ADA showed a token price of 0.037030 ADA. Damn it pic.twitter.com/Ripejeef0M — Charles Hoskinson (@IOHK_Charles) June 17, 2024 The 24-hour trading volume was 37K…
Filed under: News - @ June 18, 2024 4:22 pm