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Cryptocurrency News Articles
Meme Coin Mumu The Bull (MUMU) Races Towards the Top 100 Cryptos
Jul 30, 2024 at 03:14 am
Mumu The Bull MUMU/USD, a meme coin on Solana SOL/USD is racing towards the top 100 cryptos off the back of exchange listings and rising volume
A meme coin on Solana is making impressive strides in the crypto market, having recently entered the top 250 cryptos by market capitalization. Lucky noted that the project, which was launched only two months ago, has already achieved a valuation of $250 million, thanks to the team’s dedication and the overwhelming community support. With exchange listings and a continuous influx of big players, Lucky predicts it will not be surprising if MUMU breaks into the top 100 rankings in the future.
Another crypto trader tweeted that Mumu would be the most important meme coin in this cycle. He forecasts Shiba Inu’s all-time high of $46 billion to ‘get smahed.’
Trading Axe calls Mumu the “highest beta animal coin.” Another trader still sees Mumu having exponential upside.
Don`t fade $MUMU, we are going to do a solid 100X here with volume, liquidity and huge upcoming listings. Stick to the S-tier…… pic.twitter.com/IqssE6N5sk
Also Read: Dogecoin Owner’s New Dog Neiro Gets Memed, Developer Turns 3 SOL Into $2.85M In Suspected Foul Play
Mumu The Bull is considered the mascot of the bull market and currently trades around a valuation of $232.6 million. The meme coin was created only in March this year.
The writing is on the wall $MUMU pic.twitter.com/N5uJyn0jJY
In the past 24 hours, MUMU is up 27%, bringing its seven-day gains to over 120%. The meme coin will be listed on BingX for spot trading shortly.
Kakashi also discovered a trader who swapped 1 million WIF, valued at $2.2 million, for MUMU. The trader has already recovered an initial loss of $1 million and is currently breaking even on his trade.
The influence of meme coins and Bitcoin as an institutional asset class will be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
See the original article here
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