bitcoin
Bitcoin (BTC) $ 68,085.24
ethereum
Ethereum (ETH) $ 3,532.80
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 601.56
xrp
XRP (XRP) $ 0.600374
cardano
Cardano (ADA) $ 0.442354
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.54832
binance-usd
BUSD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.140737
okb
OKB (OKB) $ 42.44
polkadot
Polkadot (DOT) $ 6.42
shiba-inu
Shiba Inu (SHIB) $ 0.000018
tron
TRON (TRX) $ 0.134511
uniswap
Uniswap (UNI) $ 8.14
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 68,098.25
dai
Dai (DAI) $ 0.999982
litecoin
Litecoin (LTC) $ 73.80
staked-ether
Lido Staked Ether (STETH) $ 3,530.88
solana
Solana (SOL) $ 183.54
avalanche-2
Avalanche (AVAX) $ 32.61
chainlink
Chainlink (LINK) $ 14.94
cosmos
Cosmos Hub (ATOM) $ 6.51
the-open-network
Toncoin (TON) $ 7.15
ethereum-classic
Ethereum Classic (ETC) $ 24.17
leo-token
LEO Token (LEO) $ 5.69
filecoin
Filecoin (FIL) $ 4.78
bitcoin-cash
Bitcoin Cash (BCH) $ 399.42
monero
Monero (XMR) $ 163.97
bitcoin
Bitcoin (BTC) $ 68,085.24
ethereum
Ethereum (ETH) $ 3,532.80
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 601.56
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.600374
binance-usd
BUSD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.140737
cardano
Cardano (ADA) $ 0.442354
solana
Solana (SOL) $ 183.54
matic-network
Polygon (MATIC) $ 0.54832
polkadot
Polkadot (DOT) $ 6.42
tron
TRON (TRX) $ 0.134511

‘Hawk Tuah’ crypto token soars 1,300% in a week

Must Read

A comparatively frequent function of cryptocurrency bull cycles is each noteworthy web occasion getting was a coin or token – often of a meme selection.

The 2024 crypto market has confirmed no totally different with its deluge of election-inspired cryptocurrencies, such because the much-discussed Jeo Boden (BODEN). The newest addition, nevertheless, discovered a decidedly totally different inspiration.

The Hawk Tuah (HAWKTUAH) meme coin was launched on June 21 and quickly discovered success. Certainly, it’s, at press time, price some $0.00825, which suggests it’s up 1,400% because it was launched lower than every week in the past.

Then again, HAWKTUAH is already buying and selling under its all-time excessive (ATH) – and ATH of $0.3 it reached and briefly held at some point after its launch – and the upcoming days of buying and selling will reveal if its press time worth is a chance to ‘purchase the dip’ – because the 24-hour spike in quantity hints some merchants consider – or if it has already approached the tip of its life-cycle.

The comparatively persistent success of HAWKTUAH – particularly given its inspiration – not solely serves as a testomony to the relative longevity, in web phrases a minimum of, of the meme it was based mostly on however in the end would possibly pave the best way for its becoming a member of the ranks of different distinguished related belongings.

Nonetheless, the way forward for Hawk Tuah stays unsure because it retains a comparatively modest market cap of below $10 million – Dogecoin (DOGE), for instance, boasts virtually $18 billion market capitalization – and the quantity, regardless of repeatedly rising, is at $15 million – Shiba Inu’s (SHIB) day by day quantity, for instance, stands at almost $200 million.

The origins of Hawk Tuah

Hawk Tuah itself relies on a meme of the identical title. It traces its origin to a YouTube video posted by the channel ‘Tim & Dee TV.’ Within the video, a blonde woman in Nashville, Tennessee, is requested, ‘What’s one transfer in mattress that makes a person go loopy each time?’ solely to answer, ‘Oh, you gotta give him that hawk tuah and spit on that thang.’

The video rapidly went viral, producing a brand new meme template. A deluge of remixes, reformates, derivatives, and tributes, together with a spoof nation tune devoted to the woman within the video, prolonged its lifespan.

The true take a look at for the meme coin will come as soon as the ‘Hawk Tuah’ meme leaves the zeitgeist.

HAWKTUAH is already buying and selling under its all-time excessive (ATH) – and ATH of $0.3 it reached and briefly held at some point after its launch – and the upcoming days of buying and selling will reveal if its press time worth is a chance to ‘purchase the dip’ – because the 24-hour spike in quantity hints some merchants consider – or if it has already approached the tip of its life-cycle.

Meme coin merchants not the one ones benefiting from the virality

Regardless of the destiny of the cryptocurrency could also be, it’s evident the meme coin shouldn’t be the one factor benefiting from the virality of the video. The woman herself – Hailey Welch – has reportedly launched a line of merchandise impressed by the meme.

In accordance with experiences from June 26, she already offered $65,000 price of hats. In an amusing intersection of present memes, mentioned hats learn ‘Hawk Tuah ’24’ and have confirmed exceptionally profitable for Fathead Threads, the Tennessee-based embroidery and attire firm with which Welch partnered.

Disclaimer: The content material on this web site shouldn’t be thought of funding recommendation. Investing is speculative. When investing, your capital is in danger.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

XRP Ledger Sees 80% Transaction Surge Fueled by Micropayments

Micropayments on the XRP Ledger (XRPL) have pushed a considerable development in transactions. The notable enhance in transactions per second...
- Advertisement -

More Articles Like This