Bobaoppa

Solana

Oppa

Memecoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/celebritys-memecoin-project-leads-to-investor-disappointment/" data-wpel-link="internal">Celebrity’s Memecoin Project Leads to Investor Disappointment</a><br></p>
<p class="p1" style="text-align: justify"><a href="https://coin-turk.com/bu-ulkelerde-kripto-para-birimleri-gozde-verilerin-etkisi-ne" data-wpel-link="internal">Cryptocurrency</a> markets have seen a rise in <a href="https://en.coin-turk.com/dogecoin-struggles-amid-crypto-market-volatility-a-detailed-overview/" data-wpel-link="internal">memecoin</a> projects, with one such project called Bobaoppa, a Solana memecoin launched by Taiwanese musician and known blockchain figure Jeffrey Huang, taking token holders on a rollercoaster ride after a $40 million presale.</p> 
<h2 class="p1" style="text-align: justify" id="famous-personality-s-memecoin-project-disappoints">Famous Personality’s Memecoin Project Disappoints</h2> 
<p class="p1" style="text-align: justify">According to CoinGecko, the memecoin project Bobaoppa opened at its highest level at $0.001474 during the launch on March 30, only to fall by 74% to $0.0003854 shortly after. At the time of writing, the price of Bobaoppa had slightly recovered to $0.0007194.</p> 
<p class="p1" style="text-align: justify">On March 28, investors sent over 200,000 <a href="https://en.coin-turk.com/decline-in-solana-based-memecoin-projects-amid-rug-pull-scams/" data-wpel-link="internal">SOL</a> to the Bobaoppa memecoin address based on a single tweet, raising over $40 million for the venture. Since then, the token has reached a market value of $73 million, but not all participants are satisfied with the process.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-336580" src="https://coin-turk.com/wp-content/uploads/2024/04/machi-tweet.webp" alt="" width="500" height="462"></p> 
<p class="p1" style="text-align: justify">One user declared they would never participate in a presale again after their $10,000 investment plummeted to a value of $129. Meanwhile, crypto influencer borovik.sol joined the investor panic, asking:</p> 
<blockquote> 
 <p class="p1" style="text-align: justify">“What’s the point of presales if everyone sells after 5 minutes?”</p> 
</blockquote> 
<h2 class="p1" style="text-align: justify" id="memecoin-frenzy-in-the-solana-ecosystem">Memecoin Frenzy in the Solana Ecosystem</h2> 
<p class="p1" style="text-align: justify">Amid the trading frenzy, the most significant insight came from Machi Big Brother himself, who explained that unlike traditional memecoin pump-and-dump schemes, Bobaoppa was a dump-and-pump token, claiming it was different from other memecoins.</p> 
<p class="p1" style="text-align: justify">Inspired by the recent surge in dog-themed Solana memecoin projects, Huang created the Bobaoppa token with a backstory. The official website stated:</p> 
<blockquote> 
 <p class="p1" style="text-align: justify">“Once upon a time, Machi Big Brother’s son Boba Oppa embarked on a journey for generational wealth. Through trials and tribulations, he created the memecoin BOBAOPPA, leveraging the power of the <a href="https://en.coin-turk.com/defi-market-shows-strong-growth-despite-bearish-conditions/" data-wpel-link="internal">DeFi</a> sector.”</p> 
</blockquote> 
<p class="p1" style="text-align: justify">Memecoin projects in the Solana ecosystem have embarked on a wild run, with 33 presales in just the past month generating $149.2 million. Anatoly Yakovenko, co-founder of Solana, has since warned investors to stop amidst the ongoing frenzy.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/celebritys-memecoin-project-leads-to-investor-disappointment/" data-wpel-link="internal">Celebrity’s Memecoin Project Leads to Investor Disappointment</a></h5>

Celebrity’s Memecoin Project Leads to Investor Disappointment

Mục lục

COINTURK NEWS

Các bài viết khác được xuất bản trên 2 thg 4, 2024

Avail Partners With dWallet Network To Introduce Native Bitcoin Rollups to Web3

CORE surges by 300% despite wider market liquidation

Why is The Bitcoin (BTC) Price Down Today?

Dogwifhat (WIF) Becomes 3rd-Largest Meme Coin, Breaks $4 Billion Market Cap

Embark on DeeStream’s Presale Journey Toward 100X Gains: First Digital USD and Kaspa Rush In Earl...

D’CENT Wallet Enhances Astar Network Support with zkEVM Integration

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!