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Cryptocurrency News Articles

What Is $LOTTO?

Jan 03, 2025 at 08:09 pm

The LOTTO token allows users to utilize nonfungible tokens (NFTs) as "tickets" to a variety of giveaways. A community-driven memecoin, LOTTO is reshaping the way crypto combines meme tokens and NFTs.

What Is $LOTTO?

Just A Lotto ($LOTTO) is a memecoin that allows users to utilize nonfungible tokens (NFTs) as “tickets” to a variety of giveaways. A community-driven coin, LOTTO is aiming to redefine the way crypto combines meme tokens and NFTs.

Built on the Solana blockchain, LOTTO also has other events where “Lotto Ballers” can win tokens. It currently has a $9.02 market cap. “It's not just a lotto, it's a movement,” as the digital coin's tagline states.

According to data from DEX Screener, in the past day, Just A Lotto was the second-largest gainer among Solana coins, just below terminal of truths (j⧉nus).

$LOTTO Coin Trends on X

As covered by Cointelegraph, not every coin will ever be a trend. Usually, the bigger, more prominent crypto coins, altcoins, and major memecoins make it on X's trends list. However, LOTTO is an example of a few smaller coins that proved it's possible to get there.

As of early Friday, there have been over 12,000 posts about LOTTO in the last 24 hours. The chatter around the coin appears to have affected the token's price positively.

Data from GeckoTerminal shows that the meme token has been up by over 80% in the past day. Over 2,600 of 3,700 trades on the memecoin were buys, as per the platform.

A deeper look into the coin's seven-day chart shows that the token posted a massive green candle on Monday and has since been on an uptrend.

LOTTO's time in the spotlight may be attributed to the memecoin's listing early Friday on crypto trading platform AscendEX.

News source:www.inkl.com

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Other articles published on Jan 05, 2025