This is the memecoin season. Investors are racing into the crypto realm with only one goal: spotting the correct 100x token that could make them millionaires. However, crypto novice investors may need help to spot a good 100x token. That is why we talk about MANEKI in this article.
But What is Maneki?
Maneki is simply a memecoin. It is a cat coin based on the Solana blockchain network. It boasts of being a rising star in the Solana crypto realm, ready to challenge other top memes coins within the crypto space, including BONK, DOGE, SHIB and FLOKI.
The ambition behind creating this meme crypto asset is to redefine the realm of meme cryptocurrencies. So, how does MANEKI attain its goal?
First, the crypto asset draws inspiration from the Japanese beckoning cat, symbolizing wisdom. Secondly, MANEKI boasts of being able to blend the culture of meme tokens with the latest trends in a mission to offer users a great experience investing and using.
As per their web page, MANEKI, as a token, represents prosperity, wisdom, leadership and success.
Why Solana is A Good Coin for Memecoins?
Solana has recently been an excellent home for the memecoin revolution. Most memecoins trending in 2024 are products of the Solana blockchain.
So, why is Solana widely accepted as a home for altcoins and memecoins? Well, here are a few advantages brought by Solana:
- Top scalability – Solana blockchain is capable of scaling and holding more and more applications.
- Speed—Everyone demands speedy financial services. In essence, most people want the convenience of completing transactions nearly instantly. According to reports, the maximum TPS for Solana is set at 65K. This makes Solana way faster than Ethereum, Bitcoin, and many other chains.
- Lower transaction fees — Compared to the giant blockchain network Ethereum, Solana is easily the cheaper platform to transact with.
How Can You Buy Maneki Tokens?
One of the biggest questions many potential investors ask is, “how can I buy the Maneki tokens?” Well, here we provide a short guide to doing the same:
Where to Buy!
There are already dozens of exchanges and markets available to buy the tokens easily. As a Solana-based decentralized token, this cat coin is primarily accessible through Solana-based decentralized exchange networks.
Today, the largest DEX to purchase MANEKI is Jupiter, where the MANEKI/SOL pair is available. Raydium, another Solana-based DEX, offers a vast number of pairs, including MANEKI/SOL, MANEKI/SLERF, MANEKI/BODEN, MANEKI/MEW, and MANEKI/SHDW.
However, decentralized exchanges are only one of the places to purchase MANEKI. Several centralized networks have already listed MANEKI for trading. CEXs include MEXC, KuCoin, Gate.io, Crypto.com, Bitget, and BingX.
Steps to Buy on Jupiter
Here is a step-by-step guide to purchasing the MANEKI token from the Decentralized exchange platform Jupiter. Keep reading.
Create a Wallet
The first step is creating a wallet. Before making a wallet, visit the Jupiter network to see the most popularly supported crypto wallets. Open the web page, look at the top right corner, and click the connect wallet bar.
An information box with a list of wallets appears, with the most popular being WalletConnect, Torus, Ledger, and Solflare. Visit the official page of one of those wallets, WalletConnect, and create a wallet.
Afterwards, you can link your wallet directly to the Jupiter network.
Fund your Wallet with SOL
As already established, the primary pair for buying MANEKI at Jupiter is MANEKI/SOL. Hence, it would help if you funded your wallet with some Solana. Ensure you have enough Solana value to buy and some amount to pay the gas charges.
Swap SOL for MANEKI
Finally, spot the MANEKI/SOL pair in the DEX network and click it. Feed the necessary data, including the amount to transfer. The system will calculate the amount of MANEKI by stating the SOL amount—feed details such as slippages and more.
After confirming the details, swap the tokens. You must confirm before the MANEKI is eventually credited to your wallet.
The three steps above will make buying some fair share of MANEKI easy and allow you to await future price gains.
Steps to Buy MANEKI from CEX (KuCoin)
KuCoin has been a reliable centralized exchange platform for quite a while, giving access to many assets. MANEKI is one such asset. So, how can you buy MANEKI on KuCoin? Here are a few critical steps:
Create a Free KuCoin Account
Sign up for the KuCoin exchange network using your email address. Details like mobile number and country of residence are vital when creating an account. A strong password is also needed to secure the account entirely.
Moreover, in the early stages, you must apply 2FA, trading passwords, and anti-phishing mechanisms to secure the account entirely.
Account Verification
The second step involves account verification. You add the necessary details to verify your identity, including a valid photo ID. Adding payment options, including credit/debit cards, is also essential.
Buy USDT Stablecoin
Next is buying USDT. On the P2P or Fast Trade service, purchase the USDT stablecoin. This coin makes it super easy to exchange. Make sure the blockchain network you are using is the correct one.
Convert the USDT to MANEKI on KuCoin
Now, here is where you buy your MANEKI. It would help if you converted the USDT in your exchange wallet to MANEKI. Find your desired USDT and MANEKI pair in the KuCoin market, and place an order to exchange the assets.
Interestingly, the Kucoin exchange network has various order types for purchasing MANEKI limits and market orders.
MANEKI: The Token Economics
One of the most exciting things about the MANEKI token is its distribution. The token economics were precisely designed to ensure that the project is for the community, by the community.
The distribution of the tokens is as shown below:
- Token — Maneki
- Ticker — MANEKI
- Total Supply — 8,888,888,888
- Presale — 0%
- Team tokens — 0%
- Airdrop — 10%
- LP burnt — 90%
MANEKI Price Performance
Since its birth within the Solana network, MANEKI has thrived among the top meme tokens. Its price performance and other statistics back the claim that MANEKI is undoubtedly a top token.
When this report was written, MANEKI traded at $0.016, positioned at 468 based on Coingecko market cap rankings. In the 24 hours preceding the writing of this report, MANEKI surged by about 21.2%.
While MANEKI is already among the top 500 cryptos, it must still reach its full potential. For instance, the charts suggest that these tokens remain undervalued despite their vast potential.
When listing on Coingecko, MANEKI was trading at $0.02177. The coin surged almost immediately to $0.026. MANEKI has surged by about 24% since its dawn.
However, when this report was written, the cat coin had seen a significant price drop and is trading at 50% of its all-time high. The market cap at the time was about $103.9 million.
As a memecoin in the Solana ecosystem, MANEKI will likely see more price gains soon. The community strongly believes that the token has the potential to see 10x, maybe even 100x, gains.
Is MANEKI The Next PEPE or SHIB?
After the success stories of SHIB, PEPE, and many other meme tokens, everyone in the crypto realm has been actively looking for the next project with such potential. The big question is, can MANEKI make millionaires in the 2024-25 bull run? Absolutely yes.
MANEKI has a good community. When writing this report, the project had around 54K followers on its X page, which indicates a growing community.
As popularly known, Memecoins are always driven by the community hype. With over 50 thousand fans, MANEKI is already setting itself apart from the rest.
Does it have the potential to be the next PEPE or SHIB? The primary answer is yes. However, its large market cap as of May 2024 signals that the coin will unlikely make 1000x gains in the coming bull run. MANEKI is capable of price gains between 10x and 100x.
Should You Buy MANEKI?
Well, that is your personal decision. This guide has examined the MANEKI token and why many see it as a hub for massive potential.
As the Solana meme coin season takes shape, MANEKI will continue gaining traction and more value.