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Shibarium's New Meme Coin "DAMN" Records Over 6x Price Surge

Witness the meteoric rise of "DAMN," Shibarium's latest meme coin phenomenon, as it captures the crypto world's attention with a sixfold price increase in mere days.

Delve into the story behind its quirky icon, community-chosen name, and the vibrant excitement it brings to the Shibarium ecosystem.

DAMN: The Talk of the Town in Cryptocurrency Circles

The cryptocurrency community is buzzing about the price surge of Sol Killer (DAMN), a new meme coin issued on Shiba Inu (SHIB)'s Layer 2 platform, Shibarium. Remarkably, the value of Sol Killer soared more than sixfold in just four days.

Launched for trading on March 18, 2024, Sol Killer is distinguished by its icon—a Shiba Inu wearing a yellow cup. Since its inception, DAMN quickly topped the charts on DEXTools, a platform for tracking and analyzing decentralized exchanges (DEX), by becoming the number one trend. From an initial price of $0.000015, it surged to $0.000095.

Although the price has since dipped to $0.0073, a rebound appears to be on the horizon. This has sparked excitement within the community, with many hopeful for a breakthrough past the $0.0001 mark.

What is Sol Killer (DAMN)?

Sol Killer (DAMN) is an experimental meme coin created to energize the Shibarium ecosystem. It is now available for trading on WoofSwap, a decentralized exchange supporting Shibarium.

Initially, sending BONE to a designated wallet would yield DAMN in return. This mechanism successfully gathered "500,000 BONE" within 24 hours, which was then used for liquidity provision before being burned.

The DAMN name was chosen by the ShibaArmy community through a voting process, underscoring its community-driven nature.

Key details of Sol Killer (DAMN) are as follows:

It's important to note that, as of the time of writing, Sol Killer ($DAMN) is considered a meme coin without intrinsic utility, posing a high risk for significant price volatility and potential losses.
This article is not financial advice, nor does it endorse investment. Any purchase decision should be made at one's own risk.

>> Read the latest SHIB-related articles here.

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