In the fast-paced world of crypto, where announcements can ignite market movements, Anthony Scaramucci just dropped a bombshell that's got everyone talking. The former White House Communications Director and SkyBridge Capital founder took to X (formerly Twitter) to announce his upcoming book, Solana Rising: Investing in the Fast Lane of Crypto. And true to form in the meme token universe, the community wasted no time turning it into a tradable asset.
Scaramucci, known for his bullish stance on crypto, positions the book as a guide to understanding Solana's role in the ecosystem. He describes Bitcoin as "sound money" – basically, a reliable store of value like digital gold – while highlighting Solana as a powerhouse for tokenized assets. Tokenized assets are real-world items like stocks, real estate, or art turned into digital tokens on the blockchain, making them easier to trade and own fractions of.
The book, foreworded by Kyle Samani of Multicoin Capital, promises insights into why Solana could reshape finance. Pre-orders are live on Amazon, and Scaramucci is encouraging fans to grab a copy – or two – to support the launch.
But here's where it gets meme-tastic. Within minutes of the post, savvy traders spotted the opportunity and launched $RISING, a meme coin inspired by the book. The token's contract address is A29D5m1mE1p9iqRsKdjBfcwU5EB23FptMCrdSxqMpump, created on Pump.fun, Solana's go-to platform for fair-launch meme tokens. Pump.fun lets anyone create a coin with no presale or team allocation, ensuring everyone starts on equal footing.
As of now, $RISING is trading at around $0.000007462, with a market cap hovering near $7.4K. Liquidity sits at about $8.5K, and it's seen an impressive $592K in 24-hour volume – not bad for a token that's only been live for about 14 hours. You can check the live chart on DEXScreener for the latest stats.
The community reaction? Pure crypto chaos in the best way. Replies to Scaramucci's tweet flooded in, with users like @caryion and @gustavocrypto_ pointing out the new coin. One user even joked about Scaramucci's recent efforts to raise funds for Avalanche (AVAX), highlighting the tribal nature of blockchain loyalties. Others shared memes and expressed excitement, with some already ordering multiple copies of the book.
This isn't the first time a high-profile announcement has birthed a meme coin. It's a testament to Solana's vibrant ecosystem, where speed and low fees make it ideal for these viral launches. But remember, meme coins like $RISING are highly speculative – they can moon or rug in a heartbeat. Always do your own research (DYOR) and never invest more than you can afford to lose.
If you're into Solana memes or just curious about the tech behind tokenized assets, Solana Rising might be worth a read. And who knows? Maybe holding $RISING could be your ticket to the fast lane Scaramucci is talking about. Stay tuned to Meme Insider for more updates on this and other trending tokens.