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The success of AIDOGE on the Arbitrum community has caused a brand new meme season on the Ethereum Layer 2 blockchain. The results of its rally has been a number of new cash popping out of the blockchain as they attempt to leverage this newfound liquidity. On this report, we check out among the promising meme cash which were making a splash.
PufDAO (PUF)
For PufDAO (PUF), this meme coin was launched two days in the past and it appears to play into the 4/20 meme on Twitter. Nevertheless, in contrast to different 4/20 meme cash which have arisen throughout this time, PUF has seen an inexpensive degree of success.
After launching at a value of $0.0000002101, the meme coin knocked off two zeroes by early Wednesday to succeed in an all-time excessive of $0.00002123, in accordance with information from Dextools. This put its market cap at its peak at round $1.2 million.
The token has additionally crossed 1,900 holders in its two-day lifespan, though it has seen promoting strain after hitting its all-time excessive. Though there is no such thing as a speak of CEX listings but, PUF has been listed on Coinmarketcap and Coingecko, each of which appear to have helped in holding up the worth of the token.
AISHIBA (SHIBAI)
This token is but to launch however they’ve taken a unique strategy to most different meme cash. Opposite to what AIDOGE did by airdropping tokens to wallets eligible for ARB airdrop, SHIBAI tokens are being airdropped to holders of its OG NFT assortment.
Now, the NFT assortment is made up of 48,000 objects, the primary 10,000 being free to mint, and subsequent mints costing $1 per merchandise. Nevertheless, it has grown quickly since then because the airdrop has drawn nearer. The NFT assortment is now sitting at a flooring value of 0.02 ETH with over 220 ETH traded since launch.
The undertaking additionally launched its Whitepaper which particulars how its airdrop will likely be carried out with 50% of provide going to NFT holders, in addition to ARB airdrop claimers being eligible for a bit of the pie as nicely. At this level, SHIBAI appears to be an anticipated launch with 41,000 Twitter followers and 13,000 Discord members.
AIDOGE’s Meme Coin Impression On Arbitrum
Prior to now, there have been various meme cash which have launched on Arbitrum akin to SHARBI, however none have seen the success that AIDOGE has loved. The cryptocurrency has been listed on a number of centralized exchanges together with Gate.io, Huobi, MEXC, and BitGet. It’s the first meme coin on the Arbitrum community to attain this feat.
The coin has additionally loved unprecedented buying and selling quantity within the final day, reaching $19 million within the final 24 hours. Its group has additionally grown quickly within the final week with its Twitter rising to over 31,000 followers already.
AIDOGE sees upside following CEX listings | Supply: AIDOGEUSDT on TradingView.com
It’s nonetheless but to be seen the place meme cash will find yourself on Arbitrum if they are going to turn out to be a pressure to reckon with or fade into obscurity just like the Arbtirum gaming tokens that got here earlier than them. However for now, they’ve captured the eye of crypto buyers.
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