After the BONK incident, a new meme coin called $Silly, which is highly praised by Toly, co-founder of Solana, has taken the community by storm. Just four days after its launch, its market value surpassed $86 million.
($Silly Token Explained:
$Silly Token Performance After Launch
Why Did $Silly Token Become Popular?
Solana’s meme coins are not limited to just $Bonk. Recently, another meme coin called $Silly has emerged on Solana and has quickly gained popularity within the Solana community. What exactly is this meme coin that Toly, co-founder of Solana, has been promoting in the community?
$Silly is a meme coin that was launched on Solana on December 17th. According to the official description by Silly Dragon:
The aforementioned meeting was actually the Solana Breakpoint event. At that time, Toly appeared on stage wearing a silly dinosaur costume, attracting the attention of the audience. In retrospect, it seems that Toly had already planted a surprise.)
($Silly Token Performance After Launch:
$Silly was launched on December 17th and has been online for only four days. At the time of writing, the highest price of $Silly has exceeded $0.09, with the price hovering around $0.086. Within 24 hours, it has experienced a surge of over 186%, and its market value has exceeded $86 million.)
($Silly Token’s Popularity Reasons:
1. Strong endorsement from Toly, co-founder of Solana
The relationship between this token and Toly can be understood from the official statement by Silly Dragon. The timing of $Silly’s launch also indicates their connection. On December 16th, Toly posted a tweet on X platform stating that Solana needs Silly Dragon memes. The current sales of Samsung and Apple phones have exceeded 1 billion units, while Solana’s sales are only 20,000 units. The next day, $Silly was launched. Furthermore, Toly’s recent posts often use emojis to express his love for Silly Dragon.)
2. Increased expectations for $Silly due to the Saga phone giveaway of $Bonk
Recently, Solana announced that purchasing a Saga phone would result in an airdrop of $Bonk, with the value of the airdrop surpassing the price of the Saga phone. The community speculates that $Silly could be the next token to be airdropped, leading more people to consider buying Solana phones, thereby increasing user stickiness and laying the foundation for Solana’s DePIN, forming a flywheel loop.)
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