Coinscribble – March 22, 2024 / The Solana memecoin world is buzzing yet again. This time around, with the debut of the JizzLord token ($JIZLRD) and its significant liquidity pool (LP).
$JIZLRD’s LP event follows the memecoin’s highly successful pre-sale, which closed on March 20. The pre-sale exceeded its initial goal by garnering 1301 $SOL.
Since the token’s official debut – which has been live for just over a day – $JIZLRD has demonstrated remarkable market performance.
Captivating the web3 world, within just 35 hours of going live, the token achieved an impressive trading volume of $1.2 million.
A Breakdown of $JIZLRD’s Surge
$JIZLRD’s breakdown of transactions reveals a buy-to-sell ratio of 72%, with 1542 purchases against 605 sales, underscoring confidence and positive sentiment among investors involved.
The trading volume within the first 24 hours alone hit over $1 million, with the price of $JIZLRD rapidly expanding from 0.0008766 SOL to reaching its current peak of 0.002492 SOL, thus doubling in growth.
What’s more, the amount of holders has boosted to 1,700, overriding the number of transactions owing to strategic airdrops, which are garnering significant hype and are poised to continue to do so.
To further enhance the token’s appeal and value, the JizzLord team —notably consisting of software engineers from JP Morgan — is burning 50 million tokens, lowering its circulating supply to 900 million for exclusivity.
JizzLord’s Strategic Steps
As the project continues to progress, it’s on a mission to capture the hearts of crypto Twitter users.
Similarly to Portal’s ‘Crystal Dash’ airdrop — which offered $PORTAL to those who tweeted about the project and now boasts a fully diluted market cap of $1.98 billion — it’s urging followers to tag and retweet about $JIZLRD.
As an act of goodwill, the person with the most popular post is to receive a whopping $1,000 in $JIZLRD tokens in return.
Additionally, the memecoin has taken a significant step forward by making its LP accessible on Dextools. As investors connect their wallets on the DeFi trading app, they can seamlessly become part of a promising venture.
Efforts to enhance the token’s accessibility beyond Dextools will include listing on numerous exchanges to broaden its investor base. Parallel to this, a diplomatic push toward paid marketing will help capture a broader audience.
The team also aims to advance innovation and growth with its new roadmap, loyalty NFTs as rewards, and a daily raffle that opens prizes, strengthening the community and enhancing users’ experiences.
For additional information on $JIZLRD, check out jizzlordcoin.com.
Dextools
Contract Address: 5RniAyjp4Ue2D7seRBHPv83dsRYRYF77d1VhbLQE3LCx
