The Crypto community is expanding its network by releasing new coins and tokens each new day. The crypto market attracts the users to invest in these news coins which leads to price surge. Thus, the Ryoshi token surprisingly surged nearly 155% within a day and became one of the most successful tokens.
Ryoshi is a meme token created by the people and for the people. It intends to act as a fan created utility token. Moreover, the crypto space symbolizes that the community driven tokens are in high demand among the other tokens.
As an interesting fact, Ryoshi is the wiser father of Shiba Inu. The old father (Ryoshi) is very happy about the success and achievements of his son (Shiba). At the same time, Ryoshi the father worries about some gaps and issues the son faces in his life. So, the meme token is capable of solving the problems for both DOGE and SHIBA. Thus it provides the same energy level for both the success coins to rise in the price.
Besides, the Ryoshi token is a deflationary token in the market. The surprising part is even when the asset value decreases there will be a huge demand for this meme token. So, it falls into the formula of, larger the demand, the higher the amount of purchasing. More so, to gain more users, the Ryoshi continues to remain as a transparent token in the market.
Market Status of Ryoshi Token
According to CoinMarketCap, the Ryoshi token holds a price value of $0.0000001399 USD. The meme token rises upto nearly 155.11% in the last 24 hours. Notably, the 24-hour trading volume of Ryoshi is $712,245 USD and ranks 2985th position in the crypto market. The token symbol is $RYOSHI.
On August 17th, 2021 the Ryoshi network celebrated its success for expanding its holders’ strength. Thus, the Ryoshi token reached 10,000 holders for its meme token with a 300% increase. The community shared a tweet and celebrated with its happy holders worldwide.
However, the Ryoshi network is working on its goal project to build a strong squad that will HODL the meme token to reach $1. Thus, with developing community driven projects and with a strong holder base, Ryoshi will remain with huge demand in the crypto market. Also, Ryoshi’s fans and holders expect the meme token to reach $1 in the near future.
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