Shiba Inu (SHIB) and DogWifHat (WIF) have struggled to build momentum in recent weeks, while new memecoins have delivered massive returns.
Flying Monkey (FLYMONK), a new memecoin that was launched on Solana today, is set to deliver huge returns amid Shiba Inu (SHIB) and DogWifHat (WIF) losing steam in recent weeks.
FLYMONK (contract address: J35nRFe64N6EYkmgag41HuN4YBdiF1LxCjS2yg7dQakD) currently can only be purchased on a Solana decentralized exchange, like Raydium, but centralized exchange listings are planned in the coming days.
These listings will be very bullish for Flying Monkey’s price, as they will give millions of additional crypto investors access to the token and lead to huge inflows, which will cause its price to skyrocket.
Even prior to these listings being announced, Flying Monkey is set to skyrocket 3,600% before then targeting further gains and eventually looking to reach a $20 million market cap.
The developers are also set to unveil a huge marketing campaign in a bid to make the token go viral, and potentially challenge the likes of Shiba Inu and DogWifHat.
If Flying Monkey is able to replicate the success of SHIB and WIF, it would turn early investors into multi-millionaires.
Given the huge potential for gains offered by new memecoins, such as FLYMONK, it is not surprising that many crypto investors are choosing to invest in these coins, instead of larger altcoins.