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Highlights:
- Milo Inu is a project based on the Binance Smart Chain that intends to make intellectual property (IP)-based virtual idols with animation's richness in the cryptocurrency space.
- The token is currently available on PancakeSwap (V2), BKEX, MEXC, etc.
- It gave a return of 184.92% over the last seven days.
Altcoins and meme-coins are rapidly gaining popularity in the market. Meme-coins like Dogecoin (DOGE), Shiba INU (SHIB), etc., are drawing huge attention from investors. Their prices have jumped manifold since their inceptions.
Milo Inu (MILO) is another meme-coin drawing attention. The MILO coin was up over 36%, and the one-day trading volume surged over 78% on Friday morning.
Also Read: Why did Thorchain (RUNE) crypto gain 150% in one month?
What is Milo Inu (MILO) crypto?
Milo Inu is a project based on the Binance Smart Chain. According to the company, it intends to build a global brand with the richness of animation that not only the crypto community would recognize but also other industries. Milo Inu aims to make intellectual property (IP)-based virtual idols in the cryptocurrency space that would carry the animation's richness.
This idol will be marketed differently, including non-fungible tokens (NFTs), physical dolls, peripheral products, GameFi, competitive LAN e-sports, etc. The token is currently available on exchanges like PancakeSwap (V2), BKEX, MEXC, etc.
Also Read: Why is Tracer DAO (TCR) crypto gaining attention?
Why is it rising?
There could be various reasons for the price surge. On March 19, Milo Inu was the top one-day gainer on BNB Chain following its partnership with Baby DogeCoin (BabyDoge).
Also Read: Why is Cardano (ADA) crypto rising?
Recently, the OKX exchange has created a poll for seven meme-coins for users to vote for their favorite coins. Any two of these seven tokens, with more than 5,000 votes, would be listed on the OKX exchange.
Milo Inu (MILO) is one of the coins on the list. Other coins include Shibnobi (SHINJA), Saitama (SAITAMA), and CATCOIN (CATS). The voting period would continue from March 25 (10 am) UTC to March 27 (4:00 pm) UTC. These developments may have triggered the MILO price rally.
Also Read: Why is Cronos (CRO) crypto rising?
Source: *Data provided by CoinMarketCap.com
Bottom line:
The MILO token was priced at US$0.0000000707 at 11:01 am ET on March 25, up 36.55%, while its volume for the last 24-hours jumped 78.72% to US$13.76 million. Its market cap is not provided on coinmarketcap.com, but its fully-diluted market cap is US$49.96 million.
The token's total supply is 690 trillion, and its current circulating supply is not provided. It gave a return of 184.92% over the last seven days.
Also Read: What is Anyswap (ANY) crypto and why is it rising?
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