One on top Solana Network-based token Myro (MYRO) is up 1,227% in the last 30 days. A huge increase for the cryptocurrency, which has only been available since November 11, 2023. The two-month-old coin follows in the footsteps of other Solana Memecoins such as Bonk (BONK) and Dogwifhat (WIF), which have also recently risen sharply.
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New memecoin surges 10x in less than a month
Myro (MYRO) is a Cryptocurrency whose value has increased by 1,227% in the last 30 days. The project is named after the dog of Raj Gokal, one of the co-founders of Solana, as a tribute to him and his dog. Founded in response to the enormous success of dog-based cryptocurrencies, Myro aims to add value to the Solana blockchain.
Currently, Myro has a market capitalization of $206 million and a trading volume of $28 million. The token can be traded on crypto exchanges such as Bybit powered by SATOS, where the token began trading on January 18th.list became. Currently, one Myro token is selling for $0.2075, which is 21% below the cryptocurrency's peak three days ago.
The fact that the currency is relatively new also poses risks. Little is known about crypto, although it does exist White paper of the token has been published. The names and details of the people behind the project are not known. Of a Testa security test, the coin comes from Cyberscope externally as “neutral”.
Myro follows several Solana-based memecoins
Myro is a successor to the fast-growing memecoins Bonk and Dogwifhat. The two have been in the news a lot lately. Bonk, which is currently one of the 100 largest cryptocurrencies, rose astronomically in December 2023. Since its peak of $0.00003416 on December 15, Bonk has fallen by 68.6%. Despite this, the memecoin is still up 12,372% over the past year.
Also dogwifhat is on the rise lately. Currently, one WIF is worth $0.246 after the coin fell 21.2% today. Compared to the rise dogwifhat has experienced since its lowest point, this isn't so bad. Investors are still up 16,000 percent.
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