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Reading: Meme Coin Soars 400% in a Day, Becomes 4th Largest in Market[embed]https://www.youtube.com/watch?v=rR-z1UMuY2A[/embed]
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Kriptoteka > Market > Meme > Meme Coin Soars 400% in a Day, Becomes 4th Largest in Market[embed]https://www.youtube.com/watch?v=rR-z1UMuY2A[/embed]
Meme

Meme Coin Soars 400% in a Day, Becomes 4th Largest in Market[embed]https://www.youtube.com/watch?v=rR-z1UMuY2A[/embed]

marcel.mihalic@gmail.com
Last updated: September 17, 2024 8:04 am
By marcel.mihalic@gmail.com 3 Min Read
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<div>
                                                                <p><strong>TL;DR</strong></p>
<ul>
<li>A new cryptocurrency has skyrocketed by over 400% in the last 24 hours, achieving a market capitalization of almost $2 billion and claiming the title of the fourth-largest meme coin.</li>
<li>While the surge piques interest, the team cautions against counterfeit versions aiming to defraud users, advising thorough research and caution before investing.</li>
</ul>
<h2><span data-preserver-spaces="true"><img class="alignnone size-full wp-image-360536" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxMjAxIDcyMCIgd2lkdGg9IjEyMDEiIGhlaWdodD0iNzIwIiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNCUyRjA5JTJGRlRXX0NCLmpwZyIgZGF0YS13PSIxMjAxIiBkYXRhLWg9IjcyMCIgZGF0YS1iaXA9IiI+PC9zdmc+" data-spai="1" alt="" width="1201" height="720"/></span></h2>
<h2>Making a Splash in the Market</h2>
<p><span data-preserver-spaces="true">The meme coin market is continuously launching new tokens, with some transforming into genuine sensations within days of their debut. The latest example is the bull-themed Black Agnus (FTW), whose price has surged by over 400% in the last 24 hours, currently trading at approximately $0.0001812. </span></p>
<figure id="attachment_360535" aria-describedby="caption-attachment-360535" style="width: 573px" class="wp-caption aligncenter"><img class="wp-image-360535" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA4NDMgNTg4IiB3aWR0aD0iODQzIiBoZWlnaHQ9IjU4OCIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwOSUyRkZUVy1QcmljZS5wbmciIGRhdGEtdz0iODQzIiBkYXRhLWg9IjU4OCIgZGF0YS1iaHA9IiI+PC9zdmc+" data-spai="1" alt="FTW Price" width="573" height="400"/><figcaption id="caption-attachment-360535" class="wp-caption-text">FTW Price, Source: CoinGecko</figcaption></figure>
<p><span data-preserver-spaces="true">Earlier today (September 17), FTW’s market cap soared to nearly $2 billion, positioning it as the 50th-largest cryptocurrency and the fourth-largest in the meme coin sector. The top three spots remain held by Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE).</span></p>
<p><span data-preserver-spaces="true">The coin's remarkable growth coincided with its listing on major crypto data platforms CoinGecko and CoinMarketCap. </span></p>
<p>It's important to highlight, however, that <span data-preserver-spaces="true">the FTW team </span><a class="editor-rtfLink" href="https://x.com/AgnusBlackToken/status/1834828985185841650" target="_blank" rel="noopener" data-wpel-link="external"><span data-preserver-spaces="true">issued</span></a><span data-preserver-spaces="true"> a caution regarding malicious entities creating phony versions of the token </span><span data-preserver-spaces="true">in a bid</span><span data-preserver-spaces="true"> to deceive users.</span><span data-preserver-spaces="true"> “Always verify the contract address before proceeding with any transactions,” the development team advised.</span></p>

<p><em><span data-preserver-spaces="true">CryptoPotato</span></em><span data-preserver-spaces="true"> has previously encouraged individuals to engage with the ecosystem after performing thorough research and investing only what they can afford to lose. For additional essential tips, feel free to watch our dedicated video below:</span></p>
<p></p>
<h2><span data-preserver-spaces="true">Other Notable Gainers in the Niche</span></h2>
<p><span data-preserver-spaces="true">FTW isn't the only meme coin showing significant gains over the past 24 hours. </span><span data-preserver-spaces="true">Other top performers include NEIRO (+43%) and BABYDOGE (+13%). This impressive increase may </span><span data-preserver-spaces="true">be attributed</span><span data-preserver-spaces="true"> to Binance launching NEIRO/USDT and 1MBABYDOGE/USDT trading pairs earlier this week.</span></p>
<p><span data-preserver-spaces="true">Conversely, major meme coins such as DOGE, SHIB, PEPE, FLOKI, BONK, BRETT, and others are experiencing declines. Dogs (DOGS) has recorded the largest drop among the top 10, suffering a 6% decrease in price.</span></p>
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