General Characteristics
Kaeru The Frog ($Kaeru) is a frog-themed meme coin launched on the Ethereum blockchain on June 9, 2024. Kaeru draws inspiration from the rich symbolism of frogs across various cultures in the universe.
The name “Kaeru” itself translates to “return” in Japanese as well as symbolizes bringing fertility and good fortune. Similarly, Kaeru The Frog promises to bring good fortunes to meme coin enthusiasts and investors in the Ethereum ecosystem.
Indeed, Kaeru rallied on its debut, offering early holders substantial returns. Internet personality Andrew Tate is a notable holder of Kaeru. This is currently the largest holding in his ETH portfolio.
Roadmap
The roadmap for Kaeru is currently unavailable, as the meme coin is just a day old as of press time. The team is expected to add a clearly defined roadmap to the project in the coming months.
For now, Kaeru’s team is working to secure more listings for the token on price-tracking platforms and cryptocurrency exchanges to enhance its visibility and accessibility.
Functionality and Utility
Currently, Kaeru offers no utility. However, with a growing community and a symbolic foundation, future utilities’ development is possible.
Market Performance and Dynamics
Kaeru’s chart looks impressive in just a day of conception. Since its launch, the meme coin has risen by a staggering 16,201%. With this surge, the token is being traded at
$0.0₉1311 at press time. The token’s market cap is now $53.76K.
The Ethereum-based meme coin has a maximum supply of 420T coins, all of which are already in circulation. All LP tokens have been burnt while the contract was renounced.
Data from DexTools shows that the token has a liquidity of $35.6K and the trading volume of $1.23K for the last 24 hours.
Community
Kaeru is gradually building a solid and active community. So far, it has garnered 1.3K followers on X, 895 Telegram subscribers, and 1.21K token holders.
Pros
- Strong symbolic foundation
- Impressive initial market performance
- Transparent ownership (contract renounced and LP burnt)
Official links
CA: 0x6987e0304d1b26a311e68e3f3da26b1c885a4e83
Website
Twitter
Telegram
Where to buy
Uniswap
This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space.
We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public.
While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.