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CHEWY solana
Good afternoon everybody.
Chewy (CHEWY)The next crypto that could explode in July is Chewy (CHEWY).This new meme coin, hosted on Solana, benefits from the interest around its namesake pet supply company.That company recently got an endorsement (and investment) from Keith Gill himself.
Since launching last week, CHEWYโs price has surged, dropped, and surged again.๐๐Chewy developers have plans to move beyond meme coin status and add utility to the token. The future of Chewy entails NFT integrations, engaging reward programs for users, meme contests, DeFi staking for yield earning, and social media campaigns.
CHWY launched four days ago, and the price has been extremely volatile, although it is contained in a consolidation zone. Immediately after the launch, CHWY price began soaring as Gill had, on the previous day, disclosed to the Securities and Exchange Commission (S.E.C.) that he owned a 6.6% stake worth $229 million in the pet product company.
At just four days old, the meme coin has risen to a $4 million market cap and promises to rise higher. Gill posted a picture of a puppy on his X (formerly Twitter) account on June 27, immediately sending the CHWY stock flying, and triggering the birth of the Chewy meme coin.
Chewy price launched at $0.000000000001236 and briefly fell to $0.000000000001183 before surging in price. Presently, early buyers are up over 74X. The current all-time high price for CHWY is $0.0000000002429, and if the meme coins break out of the current range, it can surge past this ATH price.
Chewy has a total supply of 42.069 quadrillion tokens, with the entire supply in circulation. Within just four days, Chewy has moved from zero to 8,562 holders at press time.
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