Since people are talking about KRC-20 token minting and prices, I thought of writing about the biggest token on Kaspa, NACHO
It was inspired by Shai Wyborski’s pet cat Nacho! lol. Shai is one of the main researchers and founders of Kaspa. He even thanked Nacho cat on his graduation! This token was 100% fairly minted. This token also has the highest number of holders as of today. Not many wallets hold more than 1% supply of Nacho. Great distribution tbh. It has the best background story for a meme coin on Kaspa, in my opinion.
official website: nachowyborski .xyz
Current market cap: $42m
More details about the token: https://kas.fyi/token/krc20/NACHO
This token can be bought on KSPR bot: Link can be found on kas.fyi website
The NACHO team is pretty good. I attended their call on discord recently. The creators were patient in explaining everything. The immediate targets on the roadmap include CEX listing, starting a Kaspa pool, improving Governance, and creating NFT collection. The roadmap for next year is not ready yet. They have something called Kaspa Alliance for Transparency for 2025.
I feel that one meme coin on each chain will have 3-5% of main chain’s market cap during the bull run. The second best might have 2-3% of main chain’s market cap. Nacho is the main contender for the first place on Kaspa network. Once it gets listed on CEX, it will explode for sure. I cannot wait for the bull run! Even if it captures 1% of Kaspa’s market cap during peak bull run, it is gonna have a MC of $300m, assuming Kaspa crosses $1(I am sure that this is inevitable).
I also see that the team has been collecting funds for CEX listing.
Nacho can be traded on:
Pionex us
pionex com
coinex
submitted by /u/InternalOpen7578
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