As crypto majors struggle alongside news of faltering U.S. and global economies, a new currency has garnered the attention of memecoin enthusiasts: DOLLAR. Led by the resilient team behind Solana token FLERIDA, the thesis behind DOLLAR is simple: DOLLAR to $1. Should this lofty goal be achieved, DOLLAR would join the ranks among only a handful of other billion dollar memecoins.
Like millions before them, DOLLAR launched on leading memecoin launchpad Pumpdotfun and faced few obstacles in its meteoric rise to a million dollar market cap, something only a select few coins originating from the platform have achieved. The team behind DOLLAR has worked tirelessly since its launch to grow their community and sustain the momentum. The project has garnered support from many known as well as unknown whales in the spaces, including recognizable names like “Mr. Punk,” "viiibe," and "sp00n1cus."
Like many successful projects before it, DOLLAR inspired a “currency” meta that saw projects like “EURO” and “Dollarwifhat” emerge in hopes of finding success in its wake. Despite the currency meta largely doing out since DOLLAR launched, the project has been resilient through its ups and downs and looks to continue its journey to the $1 price so many believe is programmed.
But the team says it has bigger goals than just reaching $1.
“We’re not here to overpromise with complicated roadmaps and unrealistic missions. It’s a memecoin, and the fun is in the simplicity. Our goal is to send a message about the inflationary mechanics of the US dollar.”
“Think about it: the US dollar used to have serious buying power, but now it takes more of those dollars to buy the same things. We’re flipping the script with DOLLAR. Instead, our goal is to make it take less and less DOLLAR to buy the same things. When we hit $1, we’ll aim for $1.50, so you can buy a Costco hotdog with a single DOLLAR. And after that, we’ll shoot for $2, $5, $10, etc. all so that DOLLAR goes further and further.”
“It’s our way of poking fun at inflation and showing how wild the world of finance can be. We’re fixing inflation, bro, one DOLLAR at a time. We're doing it for the lulz.”
Whether DOLLAR can reach the fabled billion dollar market cap remains to be seen, but one thing is certain: the team and the community behind them not only believe it’s possible, but likely and they won’t slow down even when they get there.