Bitcoin Feed: 2024-06-11 ₿
bitfeed
A few weeks ago, $MOTHER, a memecoin led by Iggy Azalea, made waves on Solana by dominating volumes and delivering impressive ROI. Recently, I noticed on Dexscreener that another meme coin, DADDY, is making similar moves.
What caught my attention with DADDY is its burn mechanism, which has already burned 40% of the supply valued at over $140 million. The team is highly active and has secured listings on platforms like Bitget, increasing the token's exposure. In my opinion, with the current hype around DADDY, strong community support, and the burn mechanism in place, we could see some interesting moves and figures going forward. What do you think?