Moonshot Potential: $1.1B Whale-Backed Memecoin MOONPIG Lists on Poloniex

A new Solana memecoin, MOONPIG, has skyrocketed in popularity, reaching a market cap of over $120 million after its debut on the Poloniex exchange. Backed by the renowned $1.1 billion Hyperliquid whale, James Wynn, this memecoin is centered around a charming pig character sporting a spacesuit, attracting over 10,000 holders on Solana’s Pump.fun launchpad. The token surged past its all-time high of $0.1212 just hours after listing on Poloniex, though prices have since retreated to below $100 million.

James Wynn, who previously made headlines with his massive Bitcoin perpetual position worth $1.1 billion, is a key figure in the MOONPIG ecosystem.