Meme Coin $MITCH Surges 22,655% in 24 Hours to $24.3M Market Cap
According to Alphai Snipe, the newly launched meme coin $MITCH skyrocketed by over 22,000% within a single day, leaving only one significant Cabal holder in the market.
Summary
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Terms & Concepts
Meme Coin: A cryptocurrency often created as a joke or parody, typically driven by online communities and social media hype rather than intrinsic value.
Market Cap: The total value of a cryptocurrency, calculated by multiplying its current price by the circulating supply.
Cabal Holder: In this context, refers to a major investor or entity holding a significant share of the token supply.