The memecoin industry has seen significant growth recently, with the industry valued at $115 billion and a 24-hour trading volume of $21 billion. Dog-themed memecoin project, DCOIN, has experienced notable gains, with its price increasing by around 500% to $0.00455 during the early London session. The small-cap memecoin has a fully diluted valuation of $4.5 million and a 24-hour trading volume of $12.3 million. DCOIN has attracted more than 1.5k on-chain holders and has locked nearly 40 Ethereum worth around $130k in a liquidity pool on the Uniswap protocol. The DCOIN team has not participated in presale or team allocations, instead providing the entire supply of the memecoin to the liquidity pool. Traders can access DCOIN via popular wallets like MetaMask and Trust Wallet without any hidden fees. The DCOIN team describes it as a community-powered project focused on fun, opportunity, and long-term growth.
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