Another meme coin DAVE has entered the arena. The asset’s price has skyrocketed since its launch on May 30 at 05:00 UTC.
Meme coins have amassed many holders worldwide, with the category starting in 2013 when dogecoin (DOGE) was born. However, many scammers have used some of these fan-favorite tokens to steal investors’ funds in different ways.
Moreover, the asset’s starting price was $0.00281, with a maximum supply of 100,000,000 DAVE coins per CMC. The crypto price aggregator suggests that the project is still not verified, and the token’s owner has been self-reporting all the data.