DOLLUR is a Memecoin “Inspired” by the US Dollar and It’s up 10,000%
The
US
dollar
is
the
latest
establishment
institution
to
get
the
memecoin
treatment. DOLLUR was
launched
on
Coinbase’s
Base
network
and
shot
up
10,000%
soon
after
launch.
As
the
crypto
bull
run
continues,
memecoins
have
made
huge
gains
and
DOLLUR
is
no
different.
“Inspired”
by
the
Greenback,
the
memecoin
promises
to
be
the
reserve
currency
of
the
Base
network
“wif
no
inflashun.”
“When
you
examine
USD,
you
find
that
it’s
quite
poorly
designed
from
a
tokenmonics
perspective,”
said
a
DOLLUR
developer
who
prefers
to
remain
anonymous
to
stay
safe
from
hackers.
“There
are
$2.7
trillion
US
dollars
in
circulation
with
an
infinite
potential
supply,
and
the
top
1%
hold
the
vast
majority
of
them
via
dollar-denominated
assets.
Our
motivation
in
creating
DOLLUR
was
to
show
that
even
a
memecoin
could
be
better
designed.”
Political
memes
have
had
a
stellar
run
this
year
with
Jeo
Boden
and
Doland
Tremp
peaking
with
100,000%
gains.
People
are
buying
them
to
be
part
of
a
joke,
be
part
of
a
community,
or
just
to
have
fun.
But
on
another
level,
these
projects
resonate
by
shining
a
light
on
the
concerns
of
the
day,
in
the
words
of
the DOLLUR
website,
“DOLLUR
go
brrr.”
While
some
traders
see
these
coins
as
fun
games
to
throw
some
money
into,
professional
traders
are
adding
them
to
their
risk-adjusted
portfolios.
Speaking
at
the
Digital
Asset
Summit
in
London
in
March,
Avi
Felman, Principal
and
Head
of
Digital
Assets
Trading
at
GoldenTree
Asset
Management, said,
“The
optimal
[crypto]
portfolio
is
a
barbell
Bitcoin/memecoin
portfolio,
which
is
85%
Bitcoin
and
15%
memecoins.”
After
enduring
some
intense
sell
pressure
after
its
phenomenal
rise, DOLLUR
currently
sits
160%
up from
its
first
day
price
and
is
growing
fast.
“We’re
seeing
a
steady
increase
in
community
members
and
people
joining
in
on
the
joke,”
said
the
DOLLUR
developer.
“We’re
currently
implementing
a
roadmap
to
take
DOLLUR
to
one
dollar.”
DOLLUR
is
currently
trading
at
$0.0007.
#DOLLUR
/
#NoInflashun
Website:
https://www.dollur.xyz/
Twitter
X:
https://twitter.com/dollur_official
Telegram:
https://t.me/DOLLURonBase
Disclaimer: The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
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