Meme Coin Reached $100 Million in 1 Hour, This Made the Whale Rich! - Coin Newsletter

Inspired by the dog named Kokoro (COCORO), the meme coin reached a market cap of $100 million just 1 hour after its launch.

The cryptocurrency world is witnessing a new meme coin trend. Inspired by the rescue dog named Neiro, which Dogecoin adopted after its symbol dog Kabosu, **Neiro (NEIRO)****, was overshadowed by the new dog Kokoro, which was introduced recently. Kabosu's owner, Atsuko Sato, announced that she has adopted a new dog after Neiro, whom she adopted recently, and announced that she named this dog Kokoro.

The newly introduced Kokoro is a rescue dog just like Neiro and is 10 years old. However, unlike Neiro, the meme coin Kokoro (COCORO) was a huge success as soon as it launched. He

According to n-chain analysis platform Lookonchain data, COCORO, which exceeded $100 million in market capitalization in just 1 hour, made investors rich. An investor purchased 22.3 million units of COCORO** using 172.2 Ethereum (ETH) worth just $365.2K, an investment that has now reached nearly $2 million.

On the other hand, there was a sudden and sharp drop in the price of NEIRO in the past few days. The price of NEIRO dropped by 22.33% when Kabosu's owner Sato announced his ownership of Kokoro, but soon recovered by 11.25%.