Daddy Powell, a novel Solana memecoin introduced today and inspired by Federal Reserve Chairman Jerome Powell, holds the potential for a massive surge in value, reaching up to 14,000% in the upcoming days.
Sources suggest that Daddy Powell (DADDPOWE) will soon be listed on multiple cryptocurrency exchanges, offering significant exposure to a vast investor pool. This influx of funds is expected to propel the coin's price upwards.
Currently accessible only through decentralized Solana exchanges such as Jup.ag and Raydium.io, early investors stand to reap substantial returns.
Shiba Inu (SHIB) and Dogecoin (DOGE) have witnessed phenomenal gains for early investors, and Daddy Powell has the potential to emulate their viral success.
Daddy Powell launched with an initial liquidity exceeding $3,000, an advantage over most emerging memecoins. Investors entering early stand to reap significant profits.
To acquire Daddy Powell on Raydium.io or Jup.ag ahead of exchange listings, users may connect their Solflare, MetaMask, or Phantom wallets. Exchanging Solana for Daddy Powell requires inputting its contract address – 2XidSrhJDwhfyrW19V1owYU8fyThngbroz8ZURxYp6i1 – into the recipient field.
For individuals lacking these wallets, creating a new one takes only a few minutes. Solana can be transferred from platforms such as Coinbase and Binance for purchasing the memecoin.
Similar to investors in Shiba Inu (SHIB) and Dogecoin (DOGE), early adopters of Daddy Powell may potentially realize substantial returns as the memecoin gains popularity. Weeks or even days could witness the creation of a new wave of memecoin millionaires.
Amidst a period of sideways price movements and declining momentum for established memecoins like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF), the Solana memecoin craze continues unabated. Consequently, many investors are shifting their focus to emerging Solana memecoins like DADDPOWE.
While such memecoins lack utility and inherent value, they appeal to investors seeking high returns due to their rapid price appreciation potential.