'BONK Killer' MILLI Skyrockets 400% In A Day, Outshining Dogecoin And Shiba Inu Within 2 Days Of Launch
Portfolio Pulse from Mehab Qureshi
'BONK Killer' MILLI, a new meme cryptocurrency, surged 400% in value on the SEI blockchain, outperforming Dogecoin, Shiba Inu, and BONK. MILLI's market cap reached approximately $1 million with significant transaction volume. The MILLI team addressed market volatility concerns, aiming to restore token distribution and liquidity. MILLI also outperformed other SEI-based meme coins.
March 04, 2024 | 6:34 am
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NEGATIVE IMPACT
Solana's BONK saw a 1% decrease in value as MILLI, the 'BONK Killer', surged on the SEI blockchain.
BONK's decrease in value directly contrasts with MILLI's surge, indicating a potential shift in investor interest from BONK to MILLI.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Dogecoin saw an 11% increase in value amidst the surge of MILLI.
Dogecoin's increase in value, despite MILLI's surge, indicates a positive market response for DOGE, potentially due to increased attention on meme cryptocurrencies.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Shiba Inu experienced a 3% increase in value during MILLI's significant surge.
Shiba Inu's modest increase suggests a neutral to slightly positive market reaction, possibly overshadowed by MILLI's dramatic rise.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50