Pitbull's Pitcoin Album Sparks 100% Surge in Unaffiliated Tokens

Meme coins named after Pitbull's upcoming album Pitcoin surged approximately 100% today, with the leading token recording a daily volume of 583231 dollars. The rapper promoted the project on X, but none of the tokens trading under the Pitcoin name are endorsed by him or his label. Billboard reported the album title on August 12, and Pitbull, born Armando Christian Pérez, is set to release Pitcoin in early October. Trading data indicates that the top PITCOIN token's Solana (SOL) pool launched on August 12, coinciding with Billboard's announcement. This token trades on PumpSwap and has a liquidity of 54387 dollars, with its daily volume approximately 14 times higher than the next busiest Pitcoin pool. A newer version in a Uniswap V4 pool on Robinhood's chain increased by 207% in under seven hours, valued at 35475 dollars. Most copycat tokens remain small, with dozens trading under the Pitcoin name, most holding market caps below 3000 dollars. Pitbull's post attracted 115500 views and directed fans to a pre-save page.

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