Nansen CEO Alex Svanevik has launched a new meme coin on the Solana platform called IQ.
According to Foresight News and The Block, Alex Svanevik, CEO of the analytics platform Nansen, has introduced a new meme currency called IQ based on Solana. Data from DEXScreener shows that IQ reached a market capitalization of $5 million within a day of its launch. The current price of IQ is $0.0061, marking a 7000% increase in the past 24 hours.
Svanevik launched the meme coin using the MakeNowMeme platform, which allows users to create a new meme coin from a post on X, requiring users to tweet with specific text formatting.
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