NYAN Meme Coin (ETH: $NYAN) is a rising star in the meme coin world, with a market cap of over $2.9 million. Its community has grown steadily and is worth considering. Below is an in-depth look at its history and future price prediction.
NYAN Meme Coin History
According to the on-chain data, NYAN went live on Friday, May 5, 2023. A few days later, on May 11, 2023, it hit an all-time high of $0.0000001601. The meme coin was most inspired by the Nyan Cat video uploaded to YouTube in 2011.
At the height of the NFT boom, the video’s creator launched an online game that tracks the time you have spent watching the Nyan cat video. It also sparked the Nyan Cat NFT collection, which has retained its value amid the fall in NFT price in recent years. The creation of the collection, which soared to $600K at one point, was covered by BuzzFeed in 2021.
The NYAN Mission
Like most other meme coins, NYAN has no purpose, goal, or mission. It exists purely as a celebration of cats worldwide. It aims to bring together cat lovers in what is called the Meow-vement. According to the project’s website, NYAN exists only for entertainment.
The project was launched in stealth mode and has no tax. The liquidity pool is burned, and the contract is renounced. At the time of launch, there was no token presale. It has no formal roadmap or developer team.
Tokenomics
The total supply of the NYAN Meme Coin is 69,420,000,000,000 NYAN, with 91% of the tokens sent to the liquidity pool. The tokens in the LP pool were burnt, and the contract was renounced.
The remainder of the tokens were placed in a multi-sig wallet, to be accessed as tokens for CEX listing, bridges, and liquidity pools. The project also pledged to donate some of the tokens to animal shelters worldwide, and shine a light on them on their social media platforms.
NYAN Price Performance
The NYAN Meme Coin’s price was $0.00000004562 as of Tuesday, November 19, 2024, after appreciating 5.97% in the past 214 hours. In the past seven days, the token has soared an astounding 228.59%, while it is up 152.26% in the past month. The token has appreciated 187.44% in the past 12 months.
Its 24-hour volume is $513.51K, marking a 12.52% increase, and its market cap is $2.92 million. Its holders have increased by 2.04% in the past 24 hours to 2,478.
Since the all-time low of $0.000000004407 on May 20, 2023, NYAN has risen 947.88%. Despite this huge gain, it is trading at a 71.15% discount to its all-time high of $0.0000001601. The meme coin is currently available for trading on Uniswap.
Social Media Following
NYAN has a huge following on social media, with 6,323 followers on X and 26,502 members on Telegram.
Is Now The Time To Buy NYAN Meme Coin?
NYAN has seen an explosion in price in recent weeks, rising by triple digits in the past month alone. Despite this huge gain, it is trading at a huge discount to its peak price. Coupled with the ongoing meme coin boom, adding NYAN to your meme coin portfolio could potentially provide a boost. Best of all, the meme coin is not listed on any major centralized exchanges yet, which could boost the price if it happens.
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