Mafia Tate (MAFTATE) is a newly launched memecoin on the Solana blockchain, and it has the potential to become a mainstream coin, like Dogecoin (DOGE) and Shiba Inu (SHIB).
An early buyer of Mafia Tate (MAFTATE) has generated a profit of over 900%, turning a $320 investment into around $3,000.
The shrewd investor made the purchase several hours after MAFTATE began trading on Raydium, and he hasn’t sold any of his tokens yet, as the price of Mafia Tate is expected to rise another 22,000% from its current price.
In fact, most buyers of MAFTATE are deciding to hold onto their tokens and wait for further gains in the coming days and weeks, rather than realize their current profits.
MAFTATE will be listed on KuCoin, one of the largest centralized exchanges in the world, in July – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Mafia Tate.
Mafia Tate has rallied over 800% to reach a market cap of $657,000 – and it is expected to soon hit a $30 million market cap.
Currently, Mafia Tate can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
To buy MAFTATE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Mafia Tate by entering its contract address – AHi2iF9QmihvZ9xP7LeczZi2J5pExatYtcDFAMjeZS8 – in the receiving field.
If you don’t have one of these wallets already, you can easily create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors in MAFTATE could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.