Shiba

Dogecoin

Shiba Inu

Kitty

Coin

Shiba Inu (SHIB) and Dogecoin (DOGE) both delivered astronomical returns to early investors. 
<a href="https://dexscreener.com/solana/9ppfuyyximbg6h7invsepld7xxjl9qqeykywxo2wtglm" data-wpel-link="external" target="_blank" rel="nofollow external noreferrer">Kitty Queen Coin</a> (KITQUE) has burned 40% of the 5 billion tokens that were minted, by transferring all tokens in the Raydium liquidity pool to a dead wallet. 
Specifically, 2 billion KITQUE tokens were burned just around three hours after the memecoin began trading today. 
This comes after Kitty Queen Coin’s price has rallied 2,024% in the last three hours, with it currently trading at $0.00002478. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large is-resized">
 <img loading="lazy" decoding="async" width="1024" height="380" src="https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-1024x380.png" alt="" class="wp-image-13113" srcset="https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-1024x380.png 1024w, https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-300x111.png 300w, https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-768x285.png 768w, https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph-480x178.png 480w, https://cryptointelligence.b-cdn.net/wp-content/uploads/2024/04/KITQUE-graph.png 1243w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
Despite this impressive rally, KITQUE (contract address: F6LdtNP9zThSuCwdweAGqngC9XufhDfMYjFio3mWZT9e) currently has a market cap of just $120,000, meaning it still could easily rally another 7,000%-10,000% in the coming weeks and months. 
Its market cap is forecast to hit at least $2 million by the end of April, meaning investors who buy in at the current price will generate approximately 1,600% returns within a couple of weeks. 
<a href="https://dexscreener.com/solana/9ppfuyyximbg6h7invsepld7xxjl9qqeykywxo2wtglm" data-wpel-link="external" target="_blank" rel="nofollow external noreferrer">KITQUE</a> is one of the most exciting Solana memecoins to be released this month, and it does appear to have the potential to eventually challenge coins such as Shiba Inu (SHIB) and Dogecoin (DOGE). 
SHIB and DOGE both generated massive returns for their early investors, as they surged and became mainstream. 
It remains to be seen if KITQUE will be able to achieve a market cap of $100 million or over, but it certainly has plenty of potential to achieve a $5mn-$10mn market cap, so it’s not surprising that there is huge buying pressure on the token’s first day of launch. 
Kitty Queen Coin is currently only available to trade on decentralized exchanges, such as <a href="https://raydium.io/swap" data-wpel-link="external" target="_blank" rel="nofollow external noreferrer">Raydium</a> and <a href="https://jup.ag/swap" data-wpel-link="external" target="_blank" rel="nofollow external noreferrer">Jupiter</a>, but it will be listed on several centralized exchanges later this month, providing another bullish catalyst which early investors will profit from. 
<a href="https://www.cryptointelligence.co.uk/crypto-intelligence-blockchain-council/" data-wpel-link="internal">Discover the Crypto Intelligence Blockchain Council</a>

Kitty Queen Coin (KITQUE) Rallies 2,024% in 3 Hours and Burns 40% of Supply, But Can It Copy SHIB and DOGE?

Crypto Intelligence

Other articles published on Apr 12, 2024

Excitement Builds for Upcoming Altcoin Season Despite Market Fluctuations

GATO Pioneering the Future of Travel and Gaming in the Crypto World (12 Apr)

Ethena (ENA) Price Rally to $2 Begins Amid Massive Whale Buying

Voyager Digital Recovers $484M From FTX, 3AC Settlements

Crypto Market Update: Bitcoin (BTC) Bounces Back, Shib Inı (SHIB) Faces EMA5 Challenge, and Furre...

Robert Kiyosaki Advocates Self Bitcoin Custody to Bitcoin ETFs, Here’s Why

Join our free newsletter for daily crypto updates!