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Shiro Neko Achieves $1 Billion Market Cap on Day One

Published 12/10/2024, 11:17 AM
Updated 12/10/2024, 12:00 PM
© Reuters.  Shiro Neko Achieves $1 Billion Market Cap on Day One

Panama, Panama, December 9th, 2024, Chainwire

Shiro Neko Achieves Historic Milestone (WA:MMD) in the Memecoin Market

Shiro Neko ($SHIRO) launched and reached a $1 billion market cap on its first day of trading. With this, the team aims to make $SHIRO a standout memecoin, redefining expectations for new launches in the space.

Shiro Neko's Metrics

After its launch, Shiro Neko established a stable floor between $300 million and $400 million in market cap. This retracement can demonstrate confidence. Shiro Neko’s adoption metrics:

  • 12,000+ Holders On-Chain: Over 12,000 wallet addresses held $SHIRO on launch day.
  • Five Exchange Listings: Shiro Neko debuted with listings on five exchanges on its first day, making it accessible to global investors and ensuring strong liquidity.
Resonating with Retail Buyers

Shiro Neko is designed to appeal to a broad audience, leveraging cultural relevance and strong community ties. The token’s name, which means “white cat” in Japanese.

Unlike many tokens that rely solely on Twitter for growth, Shiro Neko’s strategy extends to other platforms, capturing retail interest in untapped spaces.

Rising in the Cat Coin Rankings

Shiro Neko has already climbed to become the 4th largest cat coin by market cap, following $Popcat, $Mog, and $Mew.

Ethereum Memecoin

According to the team, the market has shifted back to Ethereum-based tokens. Shiro Neko is aims to be the forefront of Ethereum memecoins, combining a strong narrative, large community backing, and a subcategory within the memecoin space.

Future Plans

Looking ahead, Shiro Neko has several initiatives in the pipeline, including integration with Shibarium and a staking feature that will enable $NEKO holders to stake their tokens and potentially earn $SHIB or $BONE as rewards.

Additionally, Shiro Neko is preparing to launch a charitable initiative, further enhancing its impact and community value.

About Shiro Neko

Shiro Neko ($SHIRO) is a next-generation memecoin that builds on the cat-themed cryptocurrencies. Designed to capture interest, $SHIRO combines cultural significance with a compelling narrative, with a goal to set a new standard for memecoins.

Users can visit the project's official channels for more information on Shiro Neko and its progress.

Website: https://www.shironeko.gg/

X: https://x.com/shiro

ContactRobert O'NeillShiro Nekoinfo@shironeko.gg

This article was originally published on Chainwire

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