London, United Kingdom, 9 July 2024 – Laika, a utility-focused memecoin with a broad ecosystem, boasts a nearly $4M 24-hour trading volume. The rise comes after the coin was listed on tier-1 exchanges such as Bitget and MEXC earlier in June. These figures indicate strong community support, backed by infrastructure development and the upcoming Moon Mission campaign.
Laika: Aiming to the moon
Stats show that 2024 has been favorable for memecoins so far — they outperformed other niche crypto markets with an astonishing average return rate of 1,800%. Newly launched tokens like Book of Meme (BOME) and Dogwifhat (WIF) saw over 1,000% increases in the first half of the year. It’s safe to say memecoins have won this bull market, creating opportunities for new tokens to develop unique ecosystems.
Every memecoin aims to bring something unique to the table, but only a few succeed. Laika is a community-driven Solana memecoin whose ambitions go far beyond Earth. Recently, the project sent a Laika toy dog into Earth’s lower orbit, live-streaming it on its official YouTube channel. According to the team, this move aimed far above hype: the goal was to replicate and transcend the feat of the original Laika, the first dog sent into Earth's orbit, this time endorsed by Web3 enthusiasts worldwide.
Exploring the ecosystem
Launched in early 2024, Laika quickly captured the crypto community's attention with its innovative approach and bold initiatives. First, the team introduced the Laika Wallet for iOS and Android, making sure it’s intuitive even for crypto novices: Multi-Party Computation (MPC) technology eliminates management hassles, making it possible to use the wallet by simply logging in via email or a social media account. Laika Wallet integrates seamlessly with other products in the Laika ecosystem, such as decentralized exchanges, marketplaces, and staking platforms.
Another Laika’s venture is the Moon Mission Game scheduled for release soon. This mobile game invites users to dive into Laika Metaverse, where they can participate in various missions, tournaments, and leaderboard challenges. The game gives utility to LAIKA tokens, allowing players to connect and earn rewards.
A strong community is the cornerstone of Laika. The project regularly launches contests and initiatives to keep users engaged. Thousands of community members participated in the AI dancing contest and meme competition and interact with the project daily, adding to its long-term growth.
Laika's daily volume highlights strong community interest
June 2024 marked a milestone, as Laika successfully completed its Token Generation Event (TGE). Soon after the token launch, LAIKA was listed on prominent cryptocurrency exchanges, including MEXC and Bitget. Trading volume figures suggest the community perceives the token as something more than just a memecoin for quick profits. Three weeks after the TGE, the 24-hour volume remains at $3.9M, with top-tier CEXes accounting for over 90% of trader activity. The continued interest of traders in the meme token weeks after the TGE is a good predictor of its long-term viability.
Laika sustains growth by developing innovative ecosystem products, which continue to engage and expand its dedicated community.
About Laika
Laika is a community-driven memecoin on Solana that draws inspiration from the eponymous dog – the very first animal to enter space and orbit Earth. Laika builds an ecosystem featuring Metaverse, Wallet, DEX, Moon Game, and even plans to send Laika to the actual moon in a space mission. Strong community engagement, ecosystem development, and space initiatives make Laika stand out in the competitive memecoin landscape.
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