This Viral Meme Coin Explodes 400% in a Day, Becomes 4th Largest Meme on the Market

TL;DR

A newly launched cryptocurrency, Black Agnus (FTW), has surged over 400% in the last 24 hours, propelling it to a market capitalization of nearly $2 billion and becoming the fourth-largest meme coin in the market.

Market Debut with a Bang

The meme coin segment continues to generate fresh tokens, some of which gain significant traction within days of their debut. FTW, a bull-themed cryptocurrency, is a recent example. Its price has skyrocketed by more than 400% in the past 24 hours, currently trading at approximately $0.0001812.

FTW's market capitalization soared to nearly $2 billion, making it the 50th-largest cryptocurrency and the fourth-largest meme coin, surpassing Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). This impressive performance follows its listing on popular crypto data aggregators CoinGecko and CoinMarketCap.

Beware of Scams

However, the FTW team has issued a warning regarding counterfeit versions of the asset created by malicious actors to deceive users. The team urges caution and thorough due diligence before investing.

Other Notable Gainers in the Meme Coin Space

FTW is not alone in experiencing substantial gains among meme coins. NEIRO (+43%) and BABYDOGE (+13%) have also made notable strides. Their impressive performance may be linked to Binance's recent launch of NEIRO/USDT and 1MBABYDOGE/USDT trading pairs.

In contrast, major meme coins like DOGE, SHIB, PEPE, FLOKI, BONK, BRETT, and others are currently in the red. Dogs (DOGS) is the worst-performing token among the top 10 meme coins, with a 6% price decline.

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