Bittime - HarryPotterObamaSonic10Inu (BITCOIN), a meme coin inspired by the legendary backpack meme of the 2010s, has just announced the launch of their own blockchain. This blockchain was developed with the help of AltLayer and EigenDA (specifically the data availability layer of EigenLayer).
This announcement coincides with the meme coin's first anniversary. Through their official Twitter account, they stated:
"OUR FIRST YEAR, WE TAKE YOU TO THE BIGGEST MEMECOIN IN THE WORLD! OUR SECOND YEAR, WE TAKE YOU TO... THE BIGGEST MEMECOIN IN THE WORLD!"
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What is HARRYPotterObamaSonic10Inu?
HARRYPotterObamaSonic10Inu (BITCOIN) is a DeFi (Decentralized Finance) token built on the Binance Smart Chain. This means that these tokens are used in various decentralized financial services, such as:
- liquidity pool (liquidity pool)
- platform staking
- marketplace NFT
Also read: Slerf, a Memecoin that Loses Before Launch and Memecoin Trends, Potential for Profit or Loss?
Additionally, HARRYPotterObamaSonic10Inu is also used to reward those who create new and entertaining meme content. This meme coin community is known to be very active in producing funny and original memes.
What is HARRYPotterObamaSonic10Inu's Mission?
HARRYPotterObamaSonic10Inu is on a mission to use blockchain technology to create a more inclusive and just world. The way to do this is by providing financial access for everyone, regardless of their background or financial status.
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Apart from that, HARRYPotterObamaSonic10Inu also aims to promote creativity and freedom of expression. This project encourages its community to continue producing new and innovative meme content.
HarryPotterObamaSonic10Inu Price Increases
Although technical details regarding this blockchain have not been disclosed, the price of this token has increased by 8.5% since the announcement. In fact, if you look at it since its initial launch, the price has increased by a fantastic 1,140%!
However, it should be noted that the current price is still around 60% below the highest point ever reached.
HarryPotterObamaSonic10Inu's move follows a growing trend among meme coins. Previously, Shiba Inu (SHIB) had raised $12 million from large investors to develop their own layer-3 blockchain.
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Additionally, the Berachain project originating from the NFT community Bong Bears also recently raised $100 million to build their layer-1 blockchain.
It can be seen that blockchain specifically for meme coins seems to be an interesting new trend. Will the HarryPotterObamaSonic10Inu blockchain reap success? Let's wait for developments!
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Solana: Memecoin & Scam Boom, Is That All?
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