DAMN, the recently launched meme coin on Shiba Inu’s Shibarium blockchain, has continued to garner market-wide attention, recording over five-fold growth in under three days of launch.
Members of the Shiba Inu Army are demonstrating their formidability as the new meme coin in the community continues to record staggering metrics in its first few days of existence.
Shibarium Meme Coin Rockets 523%
According to statistics from the crypto tracking DexScreener, the Shibarium meme coin DAMN has recorded an astonishing 201% gain in the last 24 hours. This surge puts its press time price at $0.00007674 and 0.00008208 against its trading pair, WBONE.
Meanwhile, the DAMN token has established an all-time high of $0.00009511 on Wednesday. Upon setting this peak point, the meme coin attained a market valuation exceeding $6.5 million.
Shiba Inu community member Dorry called attention to the development in a recent post on X. He remarked, “DAMN looks like the start of a nice J-Curve.”
$DAMN looks like the start of a nice J-Curve #Shibarium
6.5 MC .. double $DAMN pic.twitter.com/GVMstiqpPq— dorry*shib (@dorry_shib) March 20, 2024
Considering the Shibarium meme coin bottomed at $0.00001526 on Monday, its recent peak translates to a growth rate of 523.26% within three days.
Also, Shiba Inu content marketer Lucie has commented on DAMN’s performance. She expressed shock and awe at how quickly the asset has more than doubled within the short span.
DAMN Will Last More than Solana Meme Coin
In an earlier update, Lucie urged DAMN to delete a decimal place, given that the asset has been on a steady uptrend since launch. Trading at $0.00007674, DAMN is merely a 30% rally shy of deleting a zero.
Moreover, the Shiba Inu representative voiced confidence that the new Shibarium meme coin will endure and position itself in the crypto space. She believes DAMN will be a different narrative from the trend observable with meme tokens on Solana.
“The Shibarium meme coin will endure and change lives, unlike those Solana 3-day tokens. This is a lasting experience that you hold onto for luck,” Lucie remarked.
Nap and shower time. When I come back, please eliminate that $DAMN zero!
Just think about it!
This is just the beginning. #ShibariumMemeCoin will endure and change lives, unlike those Solana 3-day tokens.
This is a lasting experience that you hold onto for luck.
Revolution… pic.twitter.com/eSkQ817d8T— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) March 20, 2024
Shiba Inu Army Plans to List DAMN on CEX
Significantly, WoofSwap, a decentralized exchange (DEX) operating on Shibarium, introduced the meme coin DAMN on Monday, March 18. DAMN seeks to compete with the emerging meme tokens on the Solana blockchain. It has swiftly attracted more than 44,000 holders.
In light of its recent performance, members of the Shiba Inu community are exploring avenues to have the token listed on a centralized exchange.
Community member Randomartz has proposed that DAMN’s more than 44,000 holders pool 10 BONE tokens each, with a value exceeding $387,000, to facilitate DAMN’s listing on centralized exchanges. MEXC, Gate.io, and OKX are among the targeted exchanges.