Meme Insider
Yesnoerror (YNE): A Deep Dive into the Solana Meme Coin
Yesnoerror (YNE) is a meme coin that has rapidly gained attention within the cryptocurrency space. Launched on the Solana blockchain, YNE has experienced significant price fluctuations and a surge in popularity.
What is Yesnoerror (YNE)?
- Token Name: Yesnoerror
- Token Symbol: YNE
- Blockchain: Solana
YNE is an AI-associated meme coin powered by OpenAI's O1 model. It is designed to autonomously analyze scientific papers for mathematical errors and discrepancies. The coin was launched on the Solana blockchain and quickly reached a market cap of $20 million within hours of its launch.
Key Features and Characteristics
Rapid Growth: YNE experienced explosive growth shortly after its launch, reaching a market cap of $20 million within hours and later hitting $36 million, with a 155% increase in 24 hours.
AI Association: The token is linked to AI technology, enhancing its appeal as it serves as an AI agent powered by OpenAI's O1 model.
Solana Ecosystem: The Solana blockchain provides YNE with a fast and low-cost transaction platform, making it attractive for users.
Meme Coin Nature: Like many meme coins, YNE's value is primarily driven by market sentiment rather than intrinsic value.
Market Performance
As of today, January 11, 2025, here's a snapshot of YNE's market performance:
- Current Price: Approximately $0.081
- Market Cap: Approximately $81 million
- Circulating Supply: 1 Billion tokens (100% of Max Supply)
- All-Time High (ATH): $0.08942 on January 10, 2025
- All-Time Low (ATL): $0.01324 on December 23, 2024
- 24-hour Trading Volume: $26,181,411
- 24-hour Price Change: Increased +26.6%
YNE's price has experienced significant volatility, with substantial gains from its all-time low and a slight decrease from its all-time high.
Risks of Investing in YNE
Like all meme coins, YNE carries substantial risks:
Volatility: The value of YNE can fluctuate dramatically, leading to potential losses for investors.
Lack of Intrinsic Value: YNE's value is primarily based on market hype and sentiment rather than utility.
Rug Pull Risk: There is always the possibility that developers could abandon the project and take the funds.
Where to Trade YNE
YNE tokens can be traded on both decentralized and centralized cryptocurrency exchanges, including:
The most popular trading pair is YNE/SOL on Raydium.
Community Sentiment
The community sentiment towards YNE is currently bullish. As of today, 91% of the community holds a positive outlook on the token.
Additional Information
Website: yesnoerror.com
Contract Address:
7D1iYWfhw2cr9yBZBFE6nZaaSUvXHqG5FizFFEZwpump
Conclusion
Yesnoerror (YNE) is a meme coin on the Solana blockchain that has shown significant market movement and volatility. Its association with AI technology has contributed to its popularity, but it also carries the typical risks associated with meme coins. Investors should exercise caution and conduct thorough research before investing in YNE or any other cryptocurrency.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investing in cryptocurrencies involves significant risk, and you could lose your investment.
