The new Solana memecoin called Daddy Powell (DADDPOWE) is named after Federal Reserve Chairman Jerome Powell and is expected to increase in price by 14,000% in the coming days.

DADDPOWE will reportedly be listed on many crypto exchanges soon. This will allow the memecoin to reach millions of new investors.

Currently available only on the Solana decentralized exchange, Daddy Powell promises big returns to early investors.

Daddy Powell was launched with a liquidity of $3,000, giving it an advantage over other new memecoins.

Investors can purchase Daddy Powell by connecting their Solflare, MetaMask or Phantom wallets via Raydium.io or Jup.ag.