Nansen CEO Alex Svanevik Launches Solana’s New Meme Coin IQ

Foresight News reported that according to The Block, Nansen's CEO Alex Svanevik launched a new Solana-based meme coin called IQ. According to DEXScreener data, IQ grew to a market capitalization of $5 million within a day of its launch. The current price of IQ is $0.0061, up 7000% in the past 24 hours.

Svanevik used the MakeNowMeme platform to launch his meme coin, which allows users to start a new meme coin from a post on X, requiring users to post a tweet with text in a specific format.

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