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HomeCrypto NewsMarketNew Meme Coin on Shiba Inu Blockchain Rallies, Takes Top Spot On DEXTools

New Meme Coin on Shiba Inu Blockchain Rallies, Takes Top Spot On DEXTools

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DAMN, a freshly launched meme coin on Shiba Inu (SHIB) blockchain Shibarium, has gained massive traction, becoming one of the hottest coins on market tracker DEXTools.

The Shiba Inu community has welcomed a meme coin DAMN, otherwise called SOL Killer, as the token launched on the ecosystem blockchain. This meme coin went live for trading yesterday and has soared by over 39%. 

DAMN has generated significant buzz in the Shiba Inu community amid its launching on Shibaium and its moniker “SOL Killer.” This naming suggests the meme coin sets out to defeat similar tokens on the Solana blockchain that have continuously gained significant traction recently.

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As a result, prominent figures in the Shiba Inu community have thrown their weight behind the Shibarium meme coin. Leading the charge was Lucie, the Shiba Inu team’s marketing specialist. Lucie remarked:

“DAMN is on Shibarium. Meme coin by Woofswap. It’s not a Shiba Inu ecosystem token; it’s fun to mock Solana meme coins. Damn! Sol Killer.”

DAMN Becomes Top Trending Coin

Within 24 hours of its launch, DAMN has emerged as the number one trending digital asset among Shibarium tokens on market tracker DEXTools. This resulted from the significant traction the meme coin has garnered quickly.

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Per DEXTools statistics, DAMN trades at $0.00002148 and has generated a market cap of $1.4 million. Also, the meme coin has witnessed a 24-hour trading volume exceeding $356K. Being a Shibarium token, the asset trades against Shibarium’s gas token BONE.

In a more recent post, Shiba Inu’s marketing specialist Lucie expressed shock at the attention DAMN has amassed in under 24 hours of launching. She posted a screenshot showing that DAMN’s holders have exceeded 44K.

“This really is Shibarium people trying to have fun. DAMN! Forget the red days, the doubters, and anyone who doesn’t believe in Shibarium. We’re all going to make it,” Lucie exclaimed.

Buying DAMN Token

Woofswap, the creator of the Shibarium meme coin, has outlined steps to acquire the asset. It involves navigating to the official website https://woofswap.finance to swap the BONE token for DAMN.

Notably, those without BONE tokens can acquire them from a centralized exchange like Gate.io.

DAMN To Soar Like Shiba Inu

Amid the growing frenzy around DAMN, Shiba Inu’s Lucie shared a chart suggesting the new meme coin is poised to mirror the path of successful meme-based projects like Dogecoin, SHIB, PEPE, and BONK.

With the success of these meme coins, wherein they have all witnessed staggering thousand percentage gains, the chart left an intriguing question on how high DAMN could go.

Consequently, Lucie urged community members to shun reluctance and acquire the Shibarium meme coin.

“SHIB will go much higher. But DAMN can make it too high if you just stop being lazy, bridge to Shibarium, and get 20 BONE each,” she said.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a blockchain writer with a specific interest in journalistic writing. He covers breaking events in the crypto community and blockchain industry. Over the past year, he has published over 1,500 short-form and long-form content for Web3 publishing firms.

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