$MICHI Memecoin on Solana Reaches $350 Million Market Cap and 26.5K Holders

The memecoin $MICHI has seen significant growth in a short period. In less than 40 days, it has achieved a market cap of $350 million and garnered 26.5k holders. The community, which has become a cult-like following, has produced thousands of memes and profile pictures, and has interacted with multiple celebrities. The term 'Gmichi' has been coined by the community, reflecting its unique culture. Recently, $MICHI has officially incorporated, which will facilitate discussions with external parties such as centralized exchanges (CEXs) and market makers (MMs). The coin's success has established a new meta in the cryptocurrency world, and it aims to become the top memecoin on Solana.