New Solana Memecoin 804 (KHAN) Makes Waves: Potential for Growth, But Proceed with Caution
A new memecoin on the Solana blockchain, 804 (KHAN), has launched and is generating buzz. Proponents believe it could surge in value by over 14,000% in the coming days. However, it's crucial to approach such claims with caution.
Currently, 804 can only be bought on Solana-based decentralized exchanges (DEXes) like Raydium. This limited availability could lead to high volatility.
While early investors in memecoins like Shiba Inu (SHIB) and Dogecoin (DOGE) saw incredible returns, it's important to remember that these are outliers. Most memecoins fail to achieve such success.
Key Points:
* 804 (KHAN) is a new Solana memecoin with the potential for growth.
* Investors should be cautious and aware of the risks involved in memecoins.
* Consider the limited availability of 804 before investing.
To buy 804 on Raydium ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for 804 by entering its contract address –
6dJ7U3fuzDXhFjkYF1tykeY3Y7mNkCUcQus16KmUQKXa
– in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.