Deez Nuts is a new meme coin that is quickly becoming a viral trend on social media as it has taken the cryptocurrency world by storm. Fondly dubbed the “Happy Coin,” Deez Nuts is the best new thing in cryptocurrency, and when it launched, it indeed made many celebrities, investors, and traders very happy. It has received massive promotions from A-list celebrities and artists on social media platforms such as Twitter, Instagram, TikTok, and Reddit. Because it is a celebrity-backed coin, the coin launched to great success.
Deez Nuts’ introductory price was $0.000008 per unit, an affordable price that enabled crypto enthusiasts to buy, keep, or trade as many coins as they wish. As a result, after it went public, the price went up 15x right out the gate.
The coin is currently listed on Pancake Swap, a user-friendly cryptocurrency platform that allows users to trade cryptocurrencies freely. The meme coin has also paired with Binance, a cryptocurrency exchange market. Deez Nuts’ token address is 0x01921a94e68f8d54f33c5d6f71d6664c35e33269.
For many people, investing in Deez Nuts will also solve the conundrum of giving back to society and create the much-needed balance of making long term investments and contributing meaningfully to society. To make a positive impact in not just the lives of cryptocurrency enthusiasts but also everyone, the developers behind Deez Nuts have pledged a percentage of the total proceeds from the coin will go toward testicular and prostate cancer research. The goal is to raise $2 million for medical research within a year.
Cryptocurrency is here to stay, as many individuals and organizations depart from the traditional brick-and-mortar model of regulated financial institutions such as banks and government preceding each financial transaction with the power to interfere or manipulate. With the decentralized system of cryptocurrency, individuals and organizations are immune to interference manipulations by regulatory bodies. Because of the volatility and bullish nature of the cryptocurrency market, a few market drivers or individuals can significantly raise the value of a coin as glimpsed from the rising value of Dogecoin, endorsed by Elon Musk.
With several A-list celebrities who can’t get enough of Deez Nuts, the new viral meme coin is set to surpass Dogecoin. And judging by its launch performance, it is well on its way to do just that.