Discover MANEKI's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is MANEKI?

MANEKI is a Solana-based meme token inspired by the traditional Japanese maneki-neko, symbolizing good luck and prosperity. It was launched on April 22nd, 2024, and has gained significant attention and trading volume due to its rapid price surge, major exchange listings, and social media buzz. The token aims to bring fortune and success to its holders, leveraging its unique blend of meme culture and digital trends.

How is MANEKI used?

MANEKI (MANEKI) is a meme token inspired by the Japanese beckoning cat, known for attracting good fortune and success. It is a Solana native coin that symbolizes good luck, prosperity, wisdom, and leadership. The token has been alive in the market since its launch on April 22nd, 2024, and has gained popularity among meme coin traders.

How do I store MANEKI?

To store MANEKI (MANEKI) tokens securely, it is recommended to use cryptocurrency wallets rather than storing them on exchanges. There are two types of wallets: software wallets (hot wallets) and hardware wallets (cold wallets). Hardware wallets are considered more secure as they store crypto keys offline. Ledger is a highly secure hardware wallet option. Each hardware wallet comes with a seed phrase, which acts as a key to unlock the wallet. It is advised to store the seed phrase in a physical form, such as metal seed phrase storage solutions, to protect it from loss or destruction.

How to buy MANEKI?

To buy MANEKI (MANEKI) tokens, you can follow these steps:

  1. Create an account: Sign up on a cryptocurrency exchange that supports MANEKI, such as Bitrue, MEXC, KuCoin, or Binance. Ensure you have a strong password and secure your account with two-factor authentication.

  2. Verify your account: Complete the Know-Your-Customer (KYC) verification process by providing your personal information and a valid photo ID.

  3. Add a payment method: Link a payment method such as a credit/debit card or bank account to your exchange account.

  1. Choose a buying method: You can buy MANEKI directly through spot markets or use other methods like decentralized exchanges (DEX) if supported. On KuCoin, you can buy MANEKI with stablecoins like USDT or transfer your existing crypto holdings to exchange for MANEKI.

  2. Place an order: Use the exchange's trading interface to place an order to buy MANEKI at the current market price or set a limit order for a specific price.

  3. Store your MANEKI: After purchasing, you can store your MANEKI tokens in your exchange account or transfer them to a cold wallet for long-term storage and security.

Remember to carefully review the fees and risks associated with buying and storing MANEKI tokens before making a purchase.

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History of MANEKI

The cryptocurrency MANEKI, inspired by the traditional Japanese Maneki-neko, aims to bring good luck and financial gains to its holders. The Maneki-neko, a symbol of good fortune, has a rich history in Japanese culture. Two popular stories explain its origins: one tells of a poor temple owner who offered shelter to a starving cat, which then invited a wealthy merchant to the temple, saving it from financial ruin; another story involves a wealthy lord seeking refuge under a tree during a storm, where a cat raised its paw, prompting the lord to move just before lightning struck. These tales cement the Maneki-neko as a symbol of luck and prosperity.

MANEKI, built on the Solana blockchain, translates this symbolism into a cryptocurrency. It has captured significant attention in the crypto space, with a 30,000% surge in April and reaching a market capitalization of $240 million shortly after its launch on Jupiter Exchange. The coin's connection to a cultural icon adds to its appeal, leveraging the reliability of the Solana blockchain for secure growth.

Despite its initial success, MANEKI has experienced market volatility and underperformance compared to some peers. It has also secured global trademark rights through Madrid Protocol filings, enhancing brand protection and market reach.

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How MANEKI works

MANEKI (MANEKI) is a Solana-based meme coin inspired by the traditional Japanese beckoning cat symbol, which represents good fortune and success. The token operates on the Solana blockchain, leveraging its fast and scalable infrastructure to facilitate transactions and interactions within the MANEKI community.

Community and Tokenomics

By holding MANEKI tokens, users become part of a community united by the pursuit of good luck and prosperity. The token's value is influenced by market demand and supply, as well as the overall sentiment of the community. MANEKI has a significant liquidity pool, with millions of dollars locked up in the token, indicating a strong market presence.

Staking and Earnings

One of the key benefits of MANEKI is its staking mechanism, which allows holders to earn passive income. By staking their MANEKI tokens, users can earn up to 55% APY, providing a lucrative opportunity to maximize their crypto earnings.

Trading and Market Dynamics

MANEKI's market dynamics are influenced by various factors, including trading volume, liquidity, and demand from both retail and institutional investors. The token's price can fluctuate rapidly, making it essential for investors to stay informed about market trends and on-chain data to make informed investment decisions.

On-Chain Analytics

On-chain analytics play a crucial role in understanding MANEKI's market performance. By analyzing data such as total value locked, liquidity pools, and trading volume, investors can gain insights into the token's potential for future growth. This data helps identify trends and patterns that can inform investment strategies.

Centralized Exchange Support

MANEKI's growth is also dependent on support from centralized exchanges. As the token gains more listings and liquidity on these exchanges, its market capitalization and trading volume are likely to increase, attracting more investors and further driving its value.

In summary, MANEKI works by leveraging the Solana blockchain to facilitate transactions and interactions within its community. The token's value is influenced by market dynamics, staking mechanisms, and support from centralized exchanges, making it an attractive option for investors seeking to capitalize on the meme coin phenomenon.

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MANEKI's strengths

The token MANEKI (MANEKI) has several strengths that contribute to its appeal and potential for growth:

Cultural Connection

MANEKI is inspired by the Japanese Maneki-neko, a symbol of good fortune and prosperity. This cultural connection adds to its appeal, leveraging the rich symbolism of the lucky charm to attract investors and users.

Reliable Foundation

Built on the Solana blockchain, MANEKI benefits from the reliability and security of this established blockchain network. This foundation provides a solid base for the token's growth and development.

Community Engagement

The Maneki team initiated an airdrop campaign, reserving 10% of the total MANEKI supply for the community. This move helped build a strong community around the token and fostered early adoption.

Intellectual Property Protection

MANEKI has secured global trademark rights through Madrid Protocol filings, ensuring brand protection and enhancing its market reach. This move also supports the launch of upcoming global anime series.

These strengths position MANEKI as a unique and promising meme coin, combining cultural significance with a secure blockchain foundation and strong community engagement.

MANEKI's risks

MANEKI (MANEKI), as a cryptocurrency, is exposed to various financial risks that can impact its value and performance. These risks include:

  1. Market Risk: MANEKI is vulnerable to market fluctuations, which can cause its value to drop or rise rapidly. This includes risks associated with interest rates, exchange rates, and inflation, which can affect the overall market sentiment and investor confidence.

  2. Credit Risk: As a cryptocurrency, MANEKI does not directly extend credit to clients. However, its users and investors may face credit risks if they borrow money to invest in MANEKI and are unable to pay back their loans.

  3. Liquidity Risk: MANEKI's liquidity can be a concern, especially if there is a sudden need for cash. If investors are unable to quickly convert their MANEKI holdings into cash, it can lead to significant losses.

  1. Operational Risk: MANEKI's underlying technology and infrastructure are susceptible to operational failures, such as technical issues, mismanagement, or fraud. These failures can negatively impact the performance and value of MANEKI.

  2. Currency Risk: As a global cryptocurrency, MANEKI is exposed to currency risks due to exchange rate fluctuations. This can affect the value of MANEKI for investors who operate in different currencies.

  3. Leverage Trading Risks: MANEKI's high leverage trading options can amplify both gains and losses, making it a significant risk for investors who use leverage.

To mitigate these risks, investors and users of MANEKI should employ effective risk management strategies, such as diversification, hedging, and position sizing. It is also essential to stay informed about market conditions and MANEKI's performance to make informed investment decisions.

We give you the tools to invest your time and money in 1000+ tokens.

Did MANEKI raise funds?

We give you the tools to invest your time and money in 1000+ tokens.

MANEKI’s team

  • Team Behind MANEKI: The team behind MANEKI is the same team that created Egg on Dog ($EGGDOG), indicating a connection between the two projects.

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