Flying Shiba Inu is a newly launched memecoin, and it has the potential to create a new wave of crypto millionaires, as Dogecoin (DOGE) did.
Flying Shiba Inu (FLYSHIB) is poised to rally 7,000% before Tuesday, ahead of an announcement that the new memecoin will be listed on MEXC.
This will be Flying Shiba Inu’s first centralized exchange listing, with it currently only trading on Solana decentralized exchanges, such as Raydium.
The CEX listing will give Flying Shiba Inu (FLYSHIB) exposure to tens of millions of new investors, so the announcement will be a major bullish catalyst for FLYSHIB’s price action.
It is currently trading at $0.00000535, giving Flying Shiba Inu (contract address: BEU7zWb6AC2SyKR1pAQU8aTj9AFuodxWSkScStJtSWDF) a market cap of just around $4,300.
This means the token has massive upside potential, and it could turn a few thousand dollars into millions once the MEXC listing and other listings on centralized exchanges are announced.
It’s therefore not surprising that many early investors of Shiba Inu (SHIB) and Dogecoin (DOGE) – who made astronomical returns by buying their coins early – are also choosing to invest in FLYSHIB, particularly before its first CEX listing is officially announced.
Specifically, FLYSHIB’s market cap is set to grow to $250,000 before the end of next week, meaning that a $500 investment would turn into over $60,000.
And, even after these huge gains, FLYSHIB will have plenty more upside potential, with it forecast to reach a $5 million market cap by mid-May.
If it reaches the heights of SHIB and DOGE, FLYSHIB could even end up creating memecoin billionaires.
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