With the huge success of BOME on Solana, the meme coin POGAI has also launched its presale on Solana and quickly attracted a lot of attention. Within a day, POGAI surged 2283.5% from $0.00001686 to $0.000385, and its market value also exceeded $60 million.
(Previous summary:
Meme Bomb! BOME Soars 11x to $0.011, Developer Darkfarm: No Token Sale Plans)
(Background:
MAP and NFPrompt skyrocket after joining “NVIDIA Developer Program”, community mocks: only riding the hype, even cats and dogs are partnering with NVIDIA)
After the birth of the meme coin WIF on the Solana public chain, another super gold dog BOME (BOOK OF MEME) exploded this week, instantly creating many stories of getting rich and attracting a lot of attention in the community. This also prompted many meme projects to follow in the footsteps of BOME and conduct presales. Among them, POGAI, the once-popular meme coin in China last year, announced that it would open a presale on Solana and successfully regained the attention of the community.
POGAI’s largest daily increase was 2283.5%
According to DexScreener data, POGAI, newly issued by the official POGAI on the 15th, soared from the opening price of $0.00001686 to $0.000385 later that day, with a maximum increase of 2283.5%. Although it has fallen to $0.0002942 at the time of writing, it still gained a 1682% increase in the past 24 hours, and its market value exceeded $60 million.
Trend of POGAI coin price. Source: DexScreener
Introduction to the meme coin POGAI
POGAI, also known as “Poor Man’s Coin/Street Coin,” is a purely humorous meme project named after the popular online meme “Panda Man” in China. It was initially issued on Arbitrum with a total supply of 100 billion, and the founder reserved 1 billion tokens.
The latest official POGAI issued on Solana is called “Proof of Great AI” in its full name, with the Chinese full name being “The Latest AI Proof.” The official explanation behind it is that the first three letters “Pog” are derived from the PogChamp emoticon, which is used to express surprise or astonishment. It is commonly used by viewers when streamers perform exceptionally well or have a burst of luck. Therefore, Pog AI means being amazed by AI.
The project can be said to fully ride the current hype of AI and Solana memes. The official also announced yesterday that it has successfully passed the “Nvidia Developer Program.” However, after verification by the community, it was found that anyone can actually sign up for the program by simply registering an account on the official website and filling in the relevant information.
However, the community still warns readers that the market for meme coins is volatile, and they should carefully assess the risks before making investment decisions.
Further reading:
MAP and NFPrompt skyrocket after joining “NVIDIA Developer Program”, community mocks: only riding the hype, even cats and dogs are partnering with NVIDIA
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