Crow with knife (SOL: $CAW) is a meme coin on the Solana blockchain that is built for fun and meme joy. As the project’s website states, it’s literally just a crow with a knife. Its mascot is the image of a crow holding a bread knife in its mouth.
Crow with knife History
Crow with knife is a meme coin that rose to fame in April 2024 when streamer Yassuo talked about it during one of his streams. During the stream, posted to YouTube, he finally came to the realization that it was a meme coin that was one month old. The meme coin was similar in style to another meme coin called dogwifhat (WIF), which is a meme coin inspired by the image of a dog wearing a beanie.
On the project’s website, you can build your own meme coin with several unique traits. Additionally, there is a merch section where you can purchase CAW-inspired mugs, beanies, stickers, and more.
Multi-Chain Listing
CAW is listed on multiple blockchains, including Base, BSC, Polygon, and Solana. Recently, the project was listed on the Cronos Chain (CRO), becoming the first project on Cronos to use LayerZero Core’s Omnichain Fungible Token (OFT) protocol. The developer’s objective for multi-chain listing is to make CAW as available to as wide an audience as possible. Additionally, it could help spawn new use cases outside the original objective of being a fun meme coin.
Burn Mechanism
After each bridge transaction to Cronos (CRO), 7.77% of the bridged CAW is burned. The result is that CAW supply will dip when one of the chain pumps, providing an incentive to bridge and burn for arbitrage.
Coupled with the slowly decaying price of CRO and the massive $3M LP tied to it means that CAW’s volatility has been tame, making it into a mostly CRO stablecoin, with the price of CRO tied to CRO price movements. It also makes other chains more independent from CRO since to perform arbitrage with the CRO LP, 7.77% has to be burned.
CAW Moves To New Address
CAW recently moved from the buggy Wormhole Solana token to a new contract address. The old address had a tedious bridge process, incorrect token metadata, and the downside of being displayed as an NFT. Additionally, the token had an annoying title: crow with knife (Wormhole). The move also came with a cool vanity address: CAW777.
Crow with knife (CAW) Market Performance
As of March 7, 2025, the price of CAW is up 9.30% in the past week to $0.00000002552 per token, with a market cap of $19.64M. Its 24-hour trading volume is at $220.71K, a 20.46% increase in the past 24 hours. Over the past 12 months, the token’s price has soared by 66.60%.
The token hit an all-time high of $0.0000001525 on April 30, 2024. Since then, it has experienced an 83.45% market correction. However, it has gained 161.6% since its all-time low of $0.000000009647 on April 10, 2024.
CAW is listed on several centralized exchanges, including Crypto.com and Gate.io. Additionally, it is listed on several decentralized exchanges, such as VVS Finance, Raydium, MM Finance, and Uniswap.
Social Media Following
Crow with knife has a massive social media following with 18,2K followers on X, 5,220 members in the Telegram group, 6762 members on Discord, and 330 followers on Instagram.
Should You Add crow with knife To Your Portfolio?
Crow with knife has a massive online following and an active developer team. Additionally, it has been listed on multiple chains and implemented a burn mechanism when bridging to Cronos. The token also has an impressive market cap that is nearing $20 million, which signals a committed community. Consequently, adding CAW to your portfolio could potentially deliver positive results in the coming weeks.
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