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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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  • NFT
    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

    What’s Behind the Double-Digit Declines?

    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

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    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

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    GaFin Joins Cyber Crash to Advance Web3 Gaming

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    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

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    Avalanche Selects Funtico to Support Indie Game Developers

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    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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  • Guides
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    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

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    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

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    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

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  • Analysis
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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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Home Altcoins

All about Solana’s new MANEKI crypto and how it flipped WIF

April 26, 2024
in Altcoins
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All about Solana’s new MANEKI crypto and how it flipped WIF
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CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

Toncoin heats up: What does $398M in trading volume indicate?

  • The memecoin’s price increased by nearly 14% in the last 24 hours.
  • Most indicators hinted at a continued price rise.

As the memecoin battle gains more traction, new cryptos get launched, with MANEKI being the latest addition to the pack. The recently launched memecoin created buzz in the community with a massive price rise since launch.

In fact, the memecoin became a hot topic of discussion in the crypto space. 

MANEKI is gaining traction

For starters, MANEKI is a newly launched memecoin on Solana [SOL] that is based on the Japanese beckoning cat.

As per Lookonchain’s tweet, the memecoin’s price has surged by more than 30,000% since its launch, making it one of the most talked-about cryptos in recent days.

SolanaFloor, a popular X handle that posts updates related to the blockchain, posted a tweet mentioning that MANEKI managed to break $240 million in market capitalization within days of its launch, which was commendable.

The coin’s popularity was yet again proven by the fact that it flipped dogwifhat [WIF], an already famous memecoin native to Solana, in terms of trading volume in the last 24 hours.

According to CoinMarketCap, MANEKI was up by nearly 14% in the last 24 hours alone. At press time, it was trading at $0.02572. However, its market cap had reduced slightly, as it stood at just over $220 million.

The reason behind this explosive bull rally could be attributed to multiple listings on large exchanges like Poloniex and Gate.io. Apart from that, MEXC Global, yet another large exchange, also recently announced that it has listed MANEKI on its platform. 

See also  Bitcoin gaming enters Africa with local crypto exchange partnership

Whales are interested in MANEKI

Another possible driving force behind the MANEKI’s massive growth could be whale interest. Seven wallets, possibly belonging to a single person, spent 3,388 SOL, worth $525K, to buy 3.99 billion MANEKI within 1 minute after the coin went online.

The number of coins accumulated by these wallets accounted for more than 44% of the memecoin’s total supply.

Additionally, as per Lookonchain’s data, another whale, which has a track record of correctly betting on other memecoins, spent 10,138 SOL, worth $1.52 million, to buy 76.94 million MANEKI at an average price of $0.0198.

The same whale had earlier accurately bet on Book of MEME [BOME] and withdrew 12,721 SOL, worth $2.3 million, from Binance on March 15th to buy BOME. 


Realistic or not, here’s BOME market cap in BTC’s terms 


Since MANEKI’s demand was high, AMBCrypto planned to analyze its 2-hour chart to find out what to expect. As per our analysis, Chaikin Money Flow (CMF) registered a sharp uptick, which was a bullish signal.

Its Relative Strength Index (RSI) was also resting well above the neutral mark. However, if the RSI enters the overbought zone, selling pressure on the meme coin might increase. This can cause a price correction.

Market indicators look bullish on MANEKI

Source: TradingView

Next: Sinking Bitcoin ETF flow has THIS impact on BTC’s move to $70K

Tags: CryptoFlippedMANEKISolanasWIF

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