Solana SOL/USD memecoin Anita Max Wynn WYNN/USD bounced back with a 70% price increase in past 24 hours.
What Happened: On Jan. 17, cryptocurrency exchange Poloniex announced the listing of celebrity-endorsed Solana memecoin, Anita Max Wynn, which has a total supply of 1 billion tokens.
The involvement of Drake’s partner Stake.com, a gambling site, was the latest development around the rapper’s casual joke, as reported by U.Today.
Stake.com took to X to state it would inquire about Drake mentioning Wynn at a December concert. After Drake’s announcement, which said “I’m on it,” Wynn prices dropped for a brief period before rallying.
Read Next: WYNN Vs. Dogecoin Vs. Shiba Inu: Can Drake’s Coin Beat The Dogecoin Superstars?
Why It Matters: Wynn surged 70.5% over the past 24 hours on $7.7 million in trading volume. In comparison, dogwifhat WIF/USD saw a 5.1% gain in the same period. Established memecoins such as Dogecoin DOGE/USD and Shiba Inu SHIB/USD saw gains of around 1% in the past 24 hours.
Social media is, once again, buzzing with excitement.
One X user stated, “You’re simply not ready for what’s coming on $WYNN”
Another X user simply said, “ANITA MAX $WYNN. That’s the tweet”
Crypto analyst, CEO of Labs Ecosystem, MrEdu.Sol tweeted:
Photo: Shutterstock
Image and article originally from www.benzinga.com. Read the original article here.