Why Is Everyone Going Crazy For A Crow With A Knife: Is CAW The Next Billion Dollar Meme Coin?
Cronos chain, a Layer-1 (L1) blockchain backed by digital asset exchange, Crypto.com has been experiencing an on-chain boom recently. Now, many are calling for the next cycle of top-performing meme coins to be on Cronos – with the market led by Crow With Knife (CAW).
This resurgence of the Cronos network is being led by a unique meme coin, $CAW (Crow With Knife). CAW has spiked over +40% in price over the past 24-hours with over $4.4 million in trading volume.
(COINGECKO)
Is Crypto.coms $20,000 Bitcoin Giveaway The Reason Behind The CAW Pump?
Yesterday (October 16), the Crypto.com exchange announced a $20,000 BTC giveaway on social media in partnership with CAW. Their announcement states, ‘All you need to enter the running is a US$50 CAW purchase or deposit. Then, race to the top and lock your prize in by continuing to build up your CAW balance.. The top 2,000 eligible users ranked by CAW Net Buys will win US$10 in BTC each’.
The competition runs for two weeks, starting yesterday and ending on October 30. The timing of this announcement lines up with the price of CAW shooting upward. Prior to the announcement, the market cap for CAW was around $25 million, and it briefly touched $48 million before retracing to its current level of $40 million.
Score a $BTC bonus for building up your $CAW balance!
💰 US$20,000 of BTC awaits. Join in with a US$50 CAW purchase or deposit.
🏆 The top 2,000 CAW Net Buyers will be rewarded
📆 16 – 30 Oct
📝 T&Cs apply
Learn More 👉 https://t.co/wyt0Wym0v1 pic.twitter.com/oXWUIDi3Bn
— Crypto.com (@cryptocom) October 16, 2024
What Makes CAW So Special?
One reason CAW is gaining so much traction is that it is multi-chain. The token is now available across five premier blockchains: Cronos, BNB Smart Chain, Base, Polygon, and Solana.
More than 20,000 holders of the CAW token are across those five chains. The official Crow With Knife X account has 16,800 followers and nearly 6,000 members in the community Telegram channel.
An extremely cult-like and organic community surrounds the Crow With Knife as its social media manager is one of the most engaging and active of any meme coin on the market.
The great thing about CAW being multi-chain is that it doesn’t have to rely on a specific blockchain having its own ‘meme coin szn’; however, the ongoing competition on crypto.com looks to be giving CAW fuel to continue its moon mission.
Just letting you know you can buy $CAW on multiple chains. https://t.co/dEMY0s2mUW
— Stonefox Media (@StonefoxMedia) October 17, 2024
EXPLORE: Is The UK About to Decimate British Crypto Industry With 39% Capital Gains Tax?
Price Predictions For CAW – Is This The Next POPCAT?
Many are calling for CAW to become the next billion-dollar market cap meme coin with this latest surge. Right now, the signs are positive. It is trending on X, and all metrics are in the green. The holder count is up, chain availability is up, and most importantly, the price is up.
With a market cap of around $40 million, CAW could potentially offer a 25x return if it indeed begins a run toward becoming the next billion-dollar meme coin. It ticks all of the boxes with a cultish community, active social media team, hilarious memes, and being multi-chain.
Investors are calling for the next leg up on CAW to come with future CEX listings, as a Binance listing has been rumored for some time.
$CAW is trending on x..
Spam tf out of it.. spread the word of the next Shiba.
it’s not too late to own BILLIONS, when the next wave will be bragging about millions.
crow with knife pic.twitter.com/lfIfa4dVul
— mike caw myers ( with knife ) 🔪 (@mikecawmyers) October 17, 2024
BONUS: Crypto All-Stars ($STARS) Is One Of The Hottest Presales On The Market Right Now – Here’s Why
Crypto All-Stars ($STARS) is a brand new meme coin still in presale. It is about to hit $2.5 million in funding as high-IQ investors learn about its revolutionary ‘Meme Vault’ technology.
Meme Vault will act as an all-in-one staking platform for the biggest and most popular meme coins. Platform users can finally put their meme coin portfolio to work, staking SHIB, DOGE, WIF, PEPE, and many more.
Rewards for staking in the Meme Vault will be paid out in STARS, the native token for Crypto All-Stars. To top it off, rewards are multiplied for those already holding STARS in their wallet.
The Crypto All-Stars team has also built a staking protocol just for the presale stage. Over 610% APY is on offer for investors who choose to stake their STARS bag.
Crypto All-Stars can be bought using ETH, BNB, USDT, or credit and debit cards. Be quick if you want to purchase the STARS token. The next price stage increase begins in less than 48 hours, which will see STARS increase from its current price of $0.0015 per token.
To stay up to date with the latest project info, follow Crypto All-Stars on X , and join the Crypto All-Stars Telegram .
VISIT CRYPTO ALL-STARS HERE
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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