Solana

Raydium

Kitty

Coin

Book of Meme (BOME) and Pepecoin (PEPE) both delivered astronomical returns to early investors.
<a href="https://dexscreener.com/solana/9ppfuyyximbg6h7invsepld7xxjl9qqeykywxo2wtglm" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Kitty Queen Coin</a> (KITQUE) has burned 40% of the 5 billion tokens that were minted, by transferring all tokens in the Raydium liquidity pool to a dead wallet.
Specifically, 2 billion KITQUE tokens were burned just around three hours after the memecoin began trading today.
This comes after Kitty Queen Coin’s price has rallied 2,024% in the last three hours, with it currently trading at $0.00002478.
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 <figure class="aligncenter size-large is-resized"><img fetchpriority="high" decoding="async" width="1024" height="380" src="https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-1024x380.png" alt="" class="wp-image-13113" srcset="https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-1024x380.png 1024w, https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-300x111.png 300w, https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-768x285.png 768w, https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-480x178.png 480w, https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph.png 1243w" sizes="(max-width: 1024px) 100vw, 1024px">
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Despite this impressive rally, KITQUE (contract address: F6LdtNP9zThSuCwdweAGqngC9XufhDfMYjFio3mWZT9e) currently has a market cap of just $120,000, meaning it still could easily rally another 7,000%-10,000% in the coming weeks and months.
Its market cap is forecast to hit at least $2 million by the end of April, meaning investors who buy in at the current price will generate approximately 1,600% returns within a couple of weeks.
<a href="https://dexscreener.com/solana/9ppfuyyximbg6h7invsepld7xxjl9qqeykywxo2wtglm" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">KITQUE</a> is one of the most exciting Solana memecoins to be released this month, and it does appear to have the potential to eventually challenge coins such as Book of Meme (BOME) and Pepecoin (PEPE).
PEPE and BOME both generated massive returns for their early investors, as they surged and became mainstream.
It remains to be seen if KITQUE will be able to achieve a market cap of $100 million or over, but it certainly has plenty of potential to achieve a $5mn-$10mn market cap, so it’s not surprising that there is huge buying pressure on the token’s first day of launch.
Kitty Queen Coin is currently only available to trade on decentralized exchanges, such as <a href="https://raydium.io/swap" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Raydium</a> and <a href="https://jup.ag/swap" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Jupiter</a>, but it will be listed on several centralized exchanges later this month, providing another bullish catalyst which early investors will profit from.
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Kitty Queen Coin (KITQUE) Rallies 2,024% in 3 Hours and Burns 40% of Supply, But Can It Copy BOME and PEPE?

Crypto Intelligence

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