Laughing Shiba Inu (LSHIB) has been attracting investment from early investors of Shiba Inu (SHIB) and Dogecoin (DOGE).
Laughing Shiba Inu, a newly launched Solana memecoin, is set to surge 3,200% due to 20% of the total LSHIB supply being burned.
The LSHIB devs made the burn announcement on Thursday morning via the official Laughing Shiba Inu Telegram channel, and it is expected that the burn will take place in the next 72 hours.
Laughing Shiba Inu was launched a day earlier, and the memecoin has already been attracting investment from early investors of Shiba Inu (SHIB) and Dogecoin (DOGE).
LSHIB has rallied 730% since its launch, according to DEX Screener data, but its market cap is still just $22,000.
This means that Laughing Shiba Inu has immense upside potential, and it will create a new wave of memecoin millionaires when its market cap hits $250,000-$500,000.
Shiba Inu (SHIB) and Dogecoin (DOGE), two other dog-themed memecoins, have been losing momentum in recent weeks, leading investors to cash in their profits and pour funds into new memecoins, such as LSHIB (contact address: 28UNYzpJxAd3PXbPZcfwpBgEhbfQMZV7wZHFoAi8MYx5).
Another exciting memecoin which has huge upside potential is Bitcoin Bull (BTCBULL).
Bitcoin Bull (contract address: 3Yijkd9pDyQJEgesWCJmQ2PWvbVc4qdd1HieQsJ7gjE9) is also on the Solana blockchain, and it was launched this morning on Raydium.
BTCBULL is forecast to rally at least 1,800% in the next 24 hours and over 7,000% within the coming five days.
BTCBULL is currently trading at around $0.00000236, while Laughing Shiba Inu’s price is hovering around $0.00000357 after a period of consolidation, before the next rally.
Both Laughing Shiba Inu and BTCBULL are currently only available on decentralized Solana exchanges, like Raydium and Jupiter, but listings on centralized exchanges are planned in the near future.
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