As on-chain pumps continue to dominate crypto market activity, Real Smurf Cat token (шайлушай) has exploded overnight in an enigmatic moon-shot, as On-Chain Summer goes global - how high can this strange Russian smurf token fly?
The sensational slavic token has origins in 2023's break-out meme in Russian internet circles - which saw a strange blue toad smurf character juxposed with the word 'шайлушай'.
Falling under the bracket of 'abstract' memes, шайлушай is a meaningless nothing - when pronounced consonantly it forms a word in the middle of «послушай» (listen), «шайтан» (devil) and «лишай» (lichen).
And with initial traction from Russian traders, Real Smurf Cat token appears to have become a hit with western crypto markets - already delivering impressive 20x returns - with some speculating the run could push to 200x.
Amid the sensational price moves, шайлушай is currently trading at a market price of $0.00002448 (representing a 24-hour change of +156,649%.
Launched at just midnight on September 14, шайлушай saw little traction in the first hour, however, at 1AM a huge flood of trading volume triggered a dramatic +5,545% climb to a local high at $0.000029.
The seismic move was powered by an influx of more than $8.21m in trading volume - which has left price action reeling in heavy chop as шайлушай attempts to establish a consolidation level.
Overnight volatility saw шайлушай make an all-time high of $0.000038 at around 8AM this morning, bringing gains for early backers to a jaw-dropping +100,000%.
DEX traders are no awaiting a second bounce in what appears to be a forming double-bottomed support above $0.00017.
To the upside, шайлушай remains targeting the previous all-time high at $0.000038 (a potential +33.9% move from
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