American Dad Meme Coin KLAUS Explodes, Is First Chicken Meme Coin Flockerz Next?
A journalist and copywriter with a decade's experience across music, video games, finance and tech.
The brand new American Dad themed meme coin Klaus ($KLAUS) has had a rollercoaster launch week.
Just yesterday it rose 700% and hit a market cap of $50 million dollars in the space of two days.
However, its sudden ascent has been accompanied with a just-as-sudden correction.
In the last 24 hours, Klaus dropped 18%, while its market cap contracted to $36 million to pull it down to $0.03552 at the time of writing.
Klaus launched last Thursday, presenting itself as little more than a meme coin made “for entertainment purposes”, but it appears to have given the community new inspiration.
Despite the fact that meme coins comprise a staggering $62.4 billion of crypto’s $2.45 trillion market cap, many fans of the sector agree that it lacks diversity.
For the best part of the space’s existence, dog-themed meme coins like $SHIB and $FLOKI reigned supreme, in homage to the original meme coin $DOGE.
There are also several successful coins inspired by characters from Matt Furie’s webcoming Boy’s Club: $PEPE and $BRETT have respective market caps of $4.3 billion and $1.1 billion.
Matt Furie meta has been drawn out for a long time on CT with all the different characters that he created (pepe, andy, brett, etc).
Is $KLAUS from American Dad the start of the Seth MacFarlane meta?
Potential first mover and first major fish coin that I can remember. I think… pic.twitter.com/QDrMgkuyyR
However, Klaus is the space’s first successful homage to Seth McFarlane, the cartoonist responsible for American Dad and Family Guy.
Over on X, Kelsier Ventures partner and crypto trader @TraderKoz welcomed the new face. YouTube influencer Austin Hilton also flagged
Read more on cryptonews.com
