Since analysts and influencers alike prematurely wrote ETH’s obituary, it’s up practically 30% from $3080 on Monday to $3750 as of right now. With the resurgence of Ethereum, we’re seeing quantity returning to each utility initiatives and meme cash on each Ethereum and its related Layer-2 chains. One Layer-2 particularly that has seen vital quantity returning is Polygon (MATIC). Each day quantity on Matic has doubled from simply 4 days in the past, from $43 million on Sunday to $91 million right now, with a selected token gaining traction. Midnight ($NIGHT) is a dog-themed meme coin named after Polygon CEO Marc Boiron’s German Shepherd canine. In the meantime, a Solana presale has been gathering consideration because it races towards the end line.
Polygon CEO Publicly Endorses The NIGHT Token
Night time was launched on Might 20 and immediately pumped over 70x earlier than the standard sell-off when early consumers start taking income. Quantity inside the first 24 hours reached simply shy of $1 million as ‘Matic Maxis’ flocked to purchase what they hope would be the subsequent meme mascot for Polygon. This case was additional strengthened when Marc Boiron, Polygon CEO and proprietor of the German Shepherd ‘Midnight,’ modified his profile image on X to the NIGHT token emblem. Alongside the profile image change, he additionally hinted in a put up that he might purchase a bag of NIGHT tokens within the close to future.
Switched my pfp to match the @nightpolygon memecoin. Why?
As a result of it’s cool to see my canine Midnight as a memecoin. He’s an enormous, cute goofball.
I’ve not purchased $NIGHT. I’ll purchase $NIGHT in some unspecified time in the future for enjoyable however may not.
If I purchase it, then it’ll be with none diligence… pic.twitter.com/YOdb5sjjHI
— Marc Boiron (@0xMarcB) Might 21, 2024
The put up by Marc was adopted by a pump of over 2x, rising from round $0.0004 to $0.0009 as buyers started scrambling to purchase NIGHT after what they deemed was an endorsement from the CEO of a distinguished Ethereum Layer-2 chain. CEO/Founder pet meme cash have a superb observe file. MYRO on Solana is called after Solana co-founder Raj Gokal’s canine, and TOSHI is called after Coinbase CEO Brian Armstrong’s cat. MYRO has a present market cap of $205 million while TOSHI sits at $139 million.
Traders of NIGHT are hoping that it may very well be their model of those tokens for Polygon. The market cap of NIGHT is $6.6 million at present, processing over $1.2 million in quantity throughout the previous 24 hours.
(DEXSCREENER)
SEALANA Presale Nears $2.5 Million Raised And Retains Going
The Sealana presale ($SEAL) has raised over $2.3 million in just some weeks as buyers eagerly seek for the subsequent Slothana. Slothana ($SLOTH) raised over $15 million throughout the presale, and each presale buyers and early consumers of the token have seen positive factors of over 800% at its peak price of $0.06 and are even now up over 300% at its present price of $0.039.
Sealana will launch on Solana at an undisclosed date, however till then, the presale continues to be ongoing. Customers should purchase SEAL with ETH, SOL, BNB, USDT, or perhaps a bank card. The workforce has introduced that after the presale ends, contributors will routinely be airdropped their SEAL allocation instantly into the pockets supplied.
EXPLORE: Ethereum Value Explodes After Main ETH ETF Temper Swing
Disclaimer: Crypto is a high-risk asset class. This text is supplied for informational functions and doesn’t represent funding recommendation. You may lose your entire capital.