Daily Memecoin Recap - June 23

Volume continues to decline

Market feels very PvP at the moment, focus on preserving capital

Jason Derulo Launches a coin
$jason -> hit $5 .7m
-
jasonderulo claims that Sahil (notorious influencer coin scammer) manipulated him for this launch
- Sahil posted the coin on his tg, market cap went from $115k to $1 .7m
- Price back down to $30k mc, and started to stagnate
- Jason posted saying he bought $20k worth & claims he's dedicated to his coin

YNW Melly Launches a coin while being incarcerated
$melly -> hit $537k ,

Influencer Coins
$afroman -> hit $513k , Afroman launches a coin ogafroman
, beta to $daddy
$tyga -> hit $408k , Sahil's launch, based on Tyga

Arabic Meta
$saif -> hit $2 .4m, cat meme, very active community
$abu -> hit $918k , penguin meme, 100+ people in vc
$hapepe -> hit $835k , habibi + $pepe

Scrat Launch
$scrat -> hit $90 .5m, heavily bundled, same team as $peng

CTO's with Good Communities
$genie -> $400k to $1 .7m (4.25x), based on Cobratate

$bicho -> $350k to $2 .2m (6.28x), dog meme
$shrub -> hit $1 .4m,
elonmusk's wife's hedgehog
$genie -> hit $855k , $pepe + genie, pushed by some callers
$lord -> hit $712k , 125+ people in vc, lord of the rings +Matt_Furie

More Cooks
$steve -> $1m to $6m (6x), good art & community
$bag -> $300k to $820k (2.73x), ikea bag
$wood -> hit $1 .1m, "tryna hold this wood"
$bif -> hit $870k , $brett + $wif
$ohno -> hit $500k , monkey meme, KOLs onboard, good community

Weekends are usually slow, looking forward to seeing what tomorrow brings us

Lock in