PRAWN, a meme coin inspired by the character Pepe the King Prawn from the Muppets, within a few days of its launch, has already reached an impressive ATH of $48 million. After going viral on TikTok, the meme coin experienced a rapid rise, which, as is often the case, was followed by a sharp correction that brought PRAWN down to a market cap and all-time low of $3.5 million.<\/p>\n
However, the coin has rebounded over the past three days, surging more than 145% in just the last three days. Currently, it\u2019s sitting at a market cap of $15 million\u2014nearly a 5x recovery from its lowest point.<\/p>\n
Similar to Chillguy, this crazy-looking prawn became popular thanks to a TikTok. Memes and videos featuring Pepe the King Prawn, a funny Muppet with messy hair and big eyes, are trending. It all started on TikTok from a clip from the 1999 movie Muppets in Space.<\/p>\n
In the clip, Pepe\u2019s shocked and frazzled look perfectly captures awkward or embarrassing moments. Perfect for a generation that often cannot truly fit into this society.<\/p>\n
Pepe The King Prawn just made the TikTok sound \u201cLike a Prayer\u201d (Choir Version) the #2 trending sound in the world today.<\/p>\n
I\u2019m surprised it\u2019s not #1 after having 220,000+ uploads in less than a week<\/p>\n
This is the biggest TikTok & Instagram meme in the world and it\u2019s just getting\u2026 pic.twitter.com\/itmwa1ZWlg<\/a><\/p>\n \u2014 YoGChill (@yogchill_) December 13, 2024<\/a><\/p>\n\n EXPLORE:\u00a0<\/span>11 Best AI Crypto Coins to Invest in 2024<\/span><\/a><\/strong><\/p>\n (PRAWNUSDT<\/a>)<\/p>\n The chart of PRAWN shows a highly volatile price action, typical of meme coins, with sharp upward spikes followed by corrections. After its peak at $48 million, the coin is trading at $15 million, suggesting a consolidation phase. The recent 145% pump over three days highlights the renewed interest, potentially driven by its listing on Crypto.com and its vibrant community\u2019s activity on social media. These movements indicate that while PRAWN has yet to stabilize, its community-driven momentum plays a significant role in its price dynamics.<\/p>\n Can Pepe the King Prawn achieve the same level of success as ChillGuy? The rapid rise of this trend, which saw millions of users create their own variations of the meme, suggests a strong and active interest in the topic.<\/p>\n However, the broader landscape for meme coins presents a mixed picture. On Solana, the growth rate of meme coins appears to be slowing, signaling potential fatigue or saturation in that ecosystem. On the contrary, $PRAWN seems to be going against the grain and has reached almost $50 million in ATH in just a few days since its launch.<\/p>\n How i feel waking up to https:\/\/t.co\/4ni4dCtBs1<\/a> listing $prawn<\/a> after buying the dip last night pic.twitter.com\/lFOFtmBbC6<\/a><\/p>\n \u2014 oli (@Oligotsol) December 11, 2024<\/a><\/p>\n\n Like ChillGuy, Prawn\u2019s success is related to its virality online. The meme\u2019s adaptability, with various creative iterations appearing on TikTok and Instagram, keeps the coin\u2019s narrative fresh and engaging. PRAWN\u2019s community seems sure about this meme coin\u2019s future success. The listing on Crypto.com could be the first step in that direction.<\/p>\n EXPLORE:\u00a0URO is Now On ByBit Perps: URO Price Pumps +55% As DeSci Narrative Set to Erupt<\/a><\/strong><\/p>\n Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n The post PRAWN Crypto is New Muppets Meme Coin: Can This New TikTok Meme Replicate ChillGuy Success?<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" PRAWN, a meme coin inspired by the character Pepe the King Prawn from the Muppets, within a few days of its launch, has already reached an impressive ATH of $48 million. After going viral on TikTok, the meme coin experienced a rapid rise, which, as is often the case, was followed by a sharp correction […]<\/p>\n","protected":false},"author":0,"featured_media":28294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-28293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/28293"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28293"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/28293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/28294"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}PRAWN Crypto \u2013 The King Of TikTok And Now Of The Blockchain?<\/h2>\n\n