Memecoins have started a new trend in the world of cryptocurrency. In the early stages, coins like Dogecoin and Shiba Inu were seen just as a joke, but later they received a market cap of millions of dollars. Today Memecoins are not just social media but have become a market movement. One of these new name has recently come into the headlines, Comic. This token is built on the pump.amusing platform and is recognizing it as a unique thinking and art symbol. Its special thing is that it is not related to any technology or utility.
Where did COMIC start from?
COMIC has been inspired by a viral artwork of Maurizio Cattelan. This artpeace is also a tick of this token, in which a banana tape was pasted on the wall. This art was named Comic and it went viral on the art forums and social media around the world. This artwork raised a big question whether art has any real price or is it based only on symbols and branding? This debate laid the foundation of COMIC. This token was launched by Michael Bouhanna, which are digital art and NFT experts.
Which network is COMIC?
Comic was launched on pump.amusing platform in October 2024 and attracted a lot of trading volume in a few days. This token Solana Blockchain Is based on Solana is a high performance network, which works on fast transaction speed and low fees than Etreum. Because of this, solana is considered a better platform for tokens with high transaction volumes such as memecoins.
How does COMIC TOken work?
Comic is only a Memecoin. This means that it is not associated with any technical solution or decentralized application. Its value depends entirely on the demand and supply of the community’s interest, market sentiments, social media virality and traders. There is no Defi feature of this token, smart contract based utility or NFT integration. It is a speculative digital asset used only for trading.
What is the use of ban token?
Comic’s native token is ban token. This token only serves as a tradable asset. There is no staking facility in it nor any project has voting rights nor any developer-based ecosystem. Ban token value Only based on market movement. Its creator Michael Bouhanna has clarified that he has neither made this token with the purpose of promotion nor investment. According to him, it was an independent initiative who came into the limelight in its own market. So if you want to make a speculative investment only keeping in mind the market movement and virality, then you can see it as an alternative. But if you are looking for a token that has a long term defi utility, NFT integration or governance feature, then Comic Token is not for you.
Ban Token’s bar
According to Coingecko, currently 1 billion is in Ban Token Circulation. This token is listed on Centralized Exchange like Bybit, Bitget and Lbank and the most volume of this token is trading on BITGET. The market is about $ 66,252,254 of this token and its ranking is 640 on coingcko according to the market cap. There is no utility other than trading this token.
Conclusion
Comic Token is a Memecoin inspired by a modern artwork. This token on Solana Community is based on more artistic value and social virality than technology. Its success depends on how much serious the community takes it and in which direction the market movement goes.
Also read:Best Possible Crypto Presale, Invest and Get Best Rewards
