MAD (SOL: $MAD) is a meme coin inspired by the #MemesAfterDark Movement, which aims to reshape the meme coin world via community efforts and a commitment to making meme coins mainstream. The token mascot is called MAD and is an embodiment of the Degen mentality of chasing the next big meme coin.
Bringing Meme Coins To The Mainstream
The MemesAfterDark Movement aims to bring meme coins into the mainstream of the crypto sector. Traditionally, meme coins have been viewed as fringe investments with limited staying power. The movement aims to demonstrate that meme coins have huge value as a cultural phenomenon that can promote strong, engaged communities.
A major focus of the movement is community; it recognizes that a strong community is what drives the success of any crypto project. As such, they have continuously worked on impactful initiatives that will help broaden the reach of the MAD meme coin.
MAD Crypto-Native IP
The MAD project is also focused on creating crypto-native intellectual property on the Solana blockchain. It integrates a vibrant community that could lead to sustained growth while achieving huge milestones in its market cap. The IP will include unique and recognizable digital art, gaming merchandise, and more.
MAD Token Team
One unique aspect of MAD is that it has a committed team running it. The project operates like a real company, with a team that delivers on its promises. Professionalism has been crucial to getting MAD listed on various centralized exchanges.
Rumours swirling around that MAD is on the verge of a major high-profile collaboration have helps to drive up the price of the token. While nothing has been announced yet, the team’s commitment to pushing meme coins to the next level could pay off in the medium term.
The Token Details
The total supply of MAD tokens is 1 trillion. The ownership of the smart contract has been revoked, and liquidity burned. Additionally, there is no tax on transactions.
According to on-chain data, there are 38,114 holders of $MAD tokens, with about 89% of the tokens in the hands of the community, while the top 10 holders own 10.94% of the tokens.
Social Media Following
The $MAD token has a huge social media following, with 73.7K followers on X, 60.4K followers on Instagram, and 14,397 members on its Telegram group.
MAD Token Performance
The MAD token saw an explosion on Thursday, November 21, 2024, when its price soared over 100%. On Friday, the rally continued, with the token up 56.16% in the past 24 hours. Over the past month, the token has risen by 507.26%.
A few hours earlier, the token soared to a new all-time high of $0.00007374, but has since fallen 27.06% as investors take profit. Since its all-time low of $0.0000006817 on June 14, 2024, the token has gained 7,789.26%. it has a market cap of $55.01M, and a 24-hour trading volume of $22.33M. The token is listed on several mainstream exchanges including MEXC, LBank, Orca, and several decentralized exchanges like Raydium, and Jupiter.
Is MAD The Best Meme Coin Buy Of 2024?
With only a few weeks remaining until the end of 2024, MAD could be one of the best buys of the year. While it has just recently hit a new all-time high, the size of its community, and the commitment of its developer team to promoting it means that there is still room for growth. $MAD has a relatively small market cap compared to other Solana meme coins, which means that in the short team, it could potentially offer huge returns.
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