Carlos Rodriguez, who goes by the Twitter handle of @CarlosR and is the former CEO of massive esports team G2 Esports, has a new crypto meme coin project and its token is pumping.
$SHIA, the native token that powers the ShibaSaga meme coin gaming ecosystem, is the number one trending cryptocurrency on DEXTools, having surged nearly 100x from its DEX launch price just three days ago.
As per DEXTools, $SHIA last had a market cap of close to $3 million, with nearly 4,000 holders and 24-hour trading volumes of $11 million.
$SHIA markets itself as a meme coin with utility, given that it powers a platform that hosts multiple games (ShibaCrush, ShibaKart) and will soon launch features such as a metaverse (Shiaverse), NFTs and $SHIA staking.
Carlos Rodriguez stepped down as CEO of G2 esports in late 2022 amid controversy following footage surfacing of him partying with controversial influencer Andrew Tate.
At a market cap of still under $3 million, some meme coin degens might look at $SHIA as a bargain.
Given the project is backed by such a high-profile influencer and has already made substantial progress in building a gaming ecosystem to give its token real utility, $SHIA could see significant upside from here.
10x gains to $30 million should certainly not be discounted.
Another meme coin with a lot of promise is Sonik Coin.
Sonik Coin is a hilarious new meme coin that takes its inspiration from SEGA’s multi-billion-dollar Sonic the Hedgehog franchise, although it is not affiliated with it.
The new crypto is introducing a dose of the degenerate humor typical of the meme coin space.
Sonik Coin’s presale recently surpassed $400,000, a sign investors are already clamoring for the token ahead of its DEX launch.
Sonik Coin is selling 50% of a
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