Web3’s hottest new South Park-themed shitcoin Mr Hankey Coin ($HANKEY) has seen an explosive start to life in wake of its decentralized exchange (DEX) launch.
After launching on Uniswap at 17:00UCT/12:00EDT at a price of $0.00125, $HANKEY quickly rallied as high as $0.0028.
The shitcoin has since been going sideways around $0.0025, with presale investors who got in for $0.00125 still in the region of 2x up.
But 2x gains could just be the beginning for $HANKEY.
Over $500,000 worth of liquidity has now been locked, a strong signal to the broader meme coin degen community that this is a project to be reckoned with and not a rug pull.
In light of high-volume trade in the last hour, which has now surpassed $600,000 as per DEXTools, $HANKEY is expected to soon start trending on DEXTools.
$HANKEY is already trending elsewhere, such as Telegram's Trending pairs.
New degens should then start piling in, especially when they see the huge liquidity lock and when the DEXT score rises to 99 out of 99, which it should given Mr Hankey Coin’s solid token contract, website and strong community.
With a market cap of still only around $2.5 million, there is plenty of room for $HANKEY to explode to the upside.
Much lesser shitcoins with far weaker communities, far worse tokenomics, a far weaker marketing engine and a far less compelling story have achieved market caps in the 10s of millions of dollars.
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Meme coin degens who managed to get in on Mr Hankey Coin’s presale, which sold out in less than 10 hours to raise $500,000, may have hit the jackpot with $HANKEY.
Indeed, the coin is demonstrating that it very much has the recipe for explosive upside.
Here are a few reasons why it can 100x.
At its current price of $0.0025, Mr Hankey
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