HahaYes RIZO, which achieved a 3372.65% increase in 7 days, is the latest example of how well the meme coin frenzy will generate profits. This incredible surge has attracted more and more traders, creating a trading volume of 24 million dollars in the past 24 hours.
This article will get into the roots of this extraordinary uptrend, investigate the reasons, and predict its upcoming movements. Also, we will get into a purchasing guide and test the trustworthiness of the coin.
Reasons for HahaYes RIZO’s Extraordinary Surge
The main reason is the promotion by its community members and backing by various institutional investors. Despite the low number of members, the community is so strong that it managed to attract a large number of investors to the coin. It gained around 20 million in 7 days, where the DEX Raydium witnessed high volume of transactions.
As a recent low-cap coin with around 2.8K hodlers, the sudden investment of 20 million dollars drastically increased its upward momentum. The coin was trading around $0.000001968 on November 13th, 2024, and within five days, on November 18th, it achieved its all-time high of $0.0001607. However, various investors have cashed out their profit in the past 10 hours, and the coin is down by 57.31%. At the moment, it is being traded around $0.00006425 per coin.
HahaYes RIZO’s Tokenomics & Other Details
Inspired by the 2013 viral HahaYes meme, RIZO is a meme coin and a fan token built on Solana. The total supply is 420.69 Billion RIZO coins with regular burning events on the roadmap. Other token details are missing as the official website is not functioning.
RIZO is just 5 months old, and for the last four months, the coin was in some sort of hibernation where it didn’t attract any media attention and investments. Then the coin exploded into the mainstream meme market with its impressive pump, however, more public details are available at the moment.
To know more about HahaYes RIZO, you can engage with its official X (Twitter) handle and Telegram community. The platform has a private X group called “Hedgie CHADS ONLY”, where you can access exclusive insider data on the coin.
How to Purchase HahaYes RIZO?
It is not listed in any of the prominent centralized exchanges. However, you can purchase it via SuperEx (never heard of it) with USDT. It can also be swapped through DEX like Raydium and Meteora VD. RIZO/SOL and RIZO/USDC pairs are available.
Is it a Good Time to Invest in HahaYes RIZO?
Like any other meme coins, HahaYes RIZO will give you profit if you are lucky enough to get a perfect entry and exit plan. Talking about its use cases is worthless as the price is affected by various other factors. If the devs and the community are strong enough to attract and hodl investors for the long term, it will generate you decent amount of profit. However, the official website of HahaYes RIZO is down, indicating poor maintenance from the devs.
As Solana-based meme coins show high performance, there is a strong chance for HahaYes RIZO to surge more. Also, you can diversify your meme coin portfolio by taking a chance. Anyway, do your own extensive research and decide yourself.
Other Top Solana-based Meme Coins that Surged to 1000% in One Week
Like HahaYes RIZO, there have been some promising uptrends recently. Like its surge to 3000%, various other meme coins also managed to touch 1000% within one week. Here is the list:
- Dasha (VVAIFU): This recently launched meme coin managed to climb up as far as 3000%, however, the high volatility affected this one too. With its $168 million market cap, 8 times higher than that of RIZO, we can expect more investments soon.
- Top Hat (HAT): This new meme coin increased its market cap to around 1700%, generating high trading volume in seven days. But the latest data reveals that a large concentration of tokens were held in some unidentified wallets, indicating a possible market manipulation.
- First Convicted RACCON (FRED): This meme coin also witnessed a surge to 3000%, however, there is a possibility that it could also be a result of another market manipulation. With 100 million dollars of market cap, it is now training around $0.0966.
- ai16z: Although with high ups and downs, the token has increased its market cap to $512,223,089 within 7 days. This is mainly due to the support from its hardworking community and various investments from top venture capitalists.