After the huge success of BOME on Solana, the meme coin POGAI has also started its presale on Solana and quickly gained a lot of attention. Within one day, POGAI surged 2283.5% from $0.00001686 to $0.000385 and its market value also exceeded $60 million.
After the launch of the meme coin WIF on the Solana public chain, a super gold dog token called BOME (BOOK OF MEME) emerged this week, causing a lot of hype in the community and attracting many meme projects to follow BOME’s lead in conducting presales. Among them, POGAI, a Chinese meme coin that was once popular last year, announced its presale on Solana and successfully regained the attention of the community.
POGAI’s largest single-day increase was 2283.5%. According to DexScreener data, POGAI, newly issued by the official team on the 15th, surged from an opening price of $0.00001686 to $0.000385 later on the 15th, with a maximum increase of 2283.5%. Although it has slightly retreated to $0.0002942 at the time of writing, it still achieved a 1682% increase in the past 24 hours, and its market value exceeded $60 million.
POGAI Coin Price Trend. Source: DexScreener
Introduction to the meme coin POGAI
POGAI (Poor People Coin/Street Coin) is a purely humorous meme project named after the popular Chinese internet meme “Panda Man.” It was initially launched on Arbitrum with a total supply of 100 billion tokens, and the founder reserved 1 billion tokens.
The latest POGAI token issued on Solana is named Proof of Great AI, with its full Chinese name being “The Latest AI Proof.” The official explanation behind it is as follows: the first three letters “Pog” are derived from the expression PogChamp, which is used to express surprise or admiration. It is often used by viewers when streamers make amazing plays or have a burst of good luck. Therefore, Pog AI means being amazed by AI.
This project can be said to be fully capitalizing on the current hype around AI and Solana memes. The official team also announced yesterday that they have successfully joined the “Nvidia Developer Program.” However, after verification by the community, it was found that anyone can actually sign up for the program by simply registering an account on the official website and providing relevant information.
However, the community warns readers that the market for meme coins is volatile and advises them to carefully assess the risks and make decisions cautiously.
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