DWF Labs (@DWFLabs) has recently been entrusted with 10 million $NIKO tokens, valued at approximately $495,000, or 1% of the total supply, to support market-making efforts.
This isn’t DWF Labs’ first foray into market making; previously, the wallet handled a substantial 111.94 billion $X tokens worth $35.6 million for similar purposes. Now, many are speculating whether DWF Labs’ involvement might drive $NIKO’s growth.
DWF Labs(@DWFLabs) just received 10M $NIKO($495K, 1% of the total supply) for market making.
Previously, this wallet received 111.94B $X($35.6M) for market making.https://t.co/dC7F80BXT2 pic.twitter.com/GwTUzgbhbh
— Lookonchain (@lookonchain) November 13, 2024
Currently, $NIKO ranks among the top seven performing tokens in the TON Blockchain ecosystem, particularly standing out in the “AI Memes” category over the past week. Initially launched on Memepad at a price of $0, $NIKO has surged to a market cap of $129 million, marking an impressive 335% rise in just the past week.
We need a memecoin on #TON that gets listed on Binance due to trading buzz, community hype and engagement, growing from just a few hundred to millions in market cap, not because it’s a “big TG mini app” airdrop.
— damx.ton (@damxton) November 14, 2024
Adding to the excitement, Damxton recently tweeted on X, suggesting the TON ecosystem needs a memecoin that can organically reach Binance, fueled by trading buzz, community excitement, and a strong user base, rather than depending on airdrops from major Telegram mini-apps.
As $NIKO continues its upward trajectory, investors are curious about DWF Labs’ potential impact on the token’s growth. With such high engagement and a rapidly expanding market cap, $NIKO is becoming one of the more compelling tokens on TON, generating significant interest as a potential standout in the memecoin landscape.
Admin post:
$NIKO is within the Top 7 Performing Coin in the @ton_blockchain Ecosystem!
This milestone highlights the momentum behind @NikolAIToncoin, powered by an amazing community and groundbreaking AI innovations.
Let’s keep aiming higher!
pic.twitter.com/shlvnMtjEI
— NikolAI (@NikolAIToncoin) November 14, 2024
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any project.
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