2026-01-10 04:35:20

One memecoin pumped to $1.6 million in just 5 hours—though traders were getting the name confused at first. The correct ticker is $KNEDLIK. This kind of explosive move reflects the volatile nature of emerging tokens in the current market cycle, where attention and liquidity can shift rapidly.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
9
Repost
Share

Comment

0/400

Frontrunner

· 01-12 08:33

5 hours, 16 million. This wave of meme coins is again cutting leeks. The problem is, it's so ridiculous that people can't even remember the names but still manage to make money.

View OriginalReply0

MetaLord420

· 01-12 08:08

5 hours 1.6M, this wave of the market is really amazing, but the confusion at the beginning was hilarious. Luckily, I wasn't cut.

View OriginalReply0

LayoffMiner

· 01-12 06:21

Rise from 0 to 1.6 million in 5 hours? How crazy is this FOMO... But even the name is mixed up, showing that retail investors really don't care about anything and just rush in.

View OriginalReply0

ContractBugHunter

· 01-10 17:42

Rise to 1.6 million in 5 hours? The ticker name is brilliantly chosen, no wonder everyone got confused haha

View OriginalReply0

SellLowExpert

· 01-10 05:04

5 hours 16 million? Bro, you're really aggressive this time, but the name $KNEDLIK is indeed easy to confuse, no wonder some people bought the wrong one at first.

View OriginalReply0

PanicSeller69

· 01-10 05:03

Jumped to 1.6 million in 5 hours, this wave of market movement is really incredible... but at first, I even got the ticker wrong haha

View OriginalReply0

UnluckyMiner

· 01-10 04:43

5 hours $1.6 million? LOL, this ticker can be mixed up, KNEDLIK is really amazing haha

View OriginalReply0

DaoResearcher

· 01-10 04:39

From the perspective of tokenomics, the 1.6M pump within 5 hours is essentially caused by liquidity fragmentation leading to the failure of price discovery. It is worth noting that the ticker confusion incident precisely verifies the information asymmetry issue mentioned by Vitalik in "The Future of Governance Tokens"—when the market lacks effective governance mechanisms, retail investors will become the bagholders for liquidity providers.

View OriginalReply0

MetaverseLandlord

· 01-10 04:39

Rushed to 1.6 million in 5 hours, this is the magic of memecoin, but everyone has misunderstood the code haha

View OriginalReply0