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SEI’s Dog Meme Coin, MILLI Skyrockets By 210% in a Single Day

March 5, 2024
in Crypto News
Reading Time: 5 mins read
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SEI’s Dog Meme Coin, MILLI Skyrockets By 210% in a Single Day
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  • SEI-based meme coin MILLI has recorded more than 210% in 24 hours.
  • MILLI is a pioneering meme coin with growth stats that surpass established rivals.

MILLI, a new meme coin introduced on the SEI blockchain, has witnessed a surge of 210% in its price within just 24 hours, according to data from Dexscreener. This price jump has propelled MILLI into the spotlight, outshining even established meme coins like Solana’s BONK, Dogecoin (DOGE), and Shiba Inu (SHIB).

MILLI’s Success Story

The surge in MILLI’s price comes on the heels of its 400% spike just two days post-launch. Dexscreener’s data further reveals that MILLI has generated a transaction volume of $576,000, with 3,168 transactions and 1,088 makers actively as of the time of writing.

This sudden rally has not occurred in isolation. It is a testament to MILLI’s growing popularity and the concerted efforts of its development team. In a recent post on X, the platform noted that MILLI has reached a new all-time high market capitalization of $3 million.

The ticker is $Milli

Just woke up to a new ATH for the fastest dog coin on the fastest chain. Some of the biggest buys to date are happening right now at these levels.

3M Market Cap, nearing 3k holders, prepare to melt faces.

Let’s officially eat this zero that’s been teasing… pic.twitter.com/jH5n6S4hdA

— Willy ₿ullish 🍌 (@WillyTheDegen) March 5, 2024

Describing itself as “Born with a flash of inspiration and rooted in a bonded friendship,” MILLI positions itself not just as a cryptocurrency but as a mindset for those aiming for the pole position. The recent rally comes amidst the MILLI team’s proactive approach to addressing concerns surrounding market volatility, particularly responding to Fear, Uncertainty, and Doubt (FUD) within the community.

In a statement addressing specific claims, the team clarified their actions regarding token distribution and airdrops. They reassured the community by stating,

“With the relaunch of MILLI, the team aimed to restore the token distribution, price, and liquidity pool to their states just before the liquidity drain of the first $MILLI.” 

Additionally, they addressed accusations regarding airdrops, emphasizing transparency and security by stating,

“We took a snapshot of all transactions and airdropped EXACTLY the amount of tokens these wallets held up to the announcement.”

At the time of reporting, MILLI’s trading price stands at $0.058414. Furthermore, MILLI has not only witnessed a surge in its price but has also surpassed other SEI-based meme coins such as SEIYAN and SEILOR, which have experienced a decrease in value ranging from 8% to 12% recently.

MILLI’s success story unfolds within the broader context of the SEI blockchain, a Cosmos-based layer-1 blockchain with a Twin Turbo consensus mechanism designed for fast transactions and robust security. Contrary to popular assumptions, SEI is not solely focused on DeFi but also prioritizes social platforms, gaming, and carbon credits, as explained by Jeff Feng, co-founder of SEI Labs.

SEI prides itself on its speed, boasting transactions 10 times faster than Solana. Following a successful testnet phase, SEI witnessed over 200 teams building on its platform and more than 7.5 million unique wallets upon launch. The network’s debut saw the SEI token recording trading volumes exceeding $1.6 billion within the first 24 hours.

How to Buy MILLI

For those interested in investing in MILLI, the process involves a simple three-step procedure. Users can create a wallet using the Compass wallet from the App Store/Play Store or through the Google Chrome extension. 

Subsequently, they need to acquire SEI tokens in their wallet to facilitate the exchange for MILLI. Finally, users can navigate to Astroport, click on the buy button, connect their Compass wallet, and confirm the swap.

Looking ahead, MILLI’s roadmap outlines ambitious goals, including listing on CoinMarketCap, securing tier 1 exchange listings, and positioning SEI as the leading altcoin in the market. However, it’s crucial to note that MILLI operates as a 100% community-driven meme coin with no intrinsic value or expectation of returns, as stated in its disclaimer.

For the latest updates and community engagement, users can connect with MILLI on various social platforms, including Twitter, Telegram, and Discord.

Join and become a MILLI member: 

Twitter: https://twitter.com/MilliCoinSei

Telegram: https://t.me/MilliCoinSei

discord: https://discord.gg/milli-token


Credit: Source link

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