A new Shiba Inu-themed token, VICKY, surges 22% as Vitalik Buterin holds 13% following the initial sale

A new Shiba Inu-themed token named VICKY has surged by 22% in the last 24 hours, drawing significant attention within the cryptocurrency space. As of the latest data, VICKY has accumulated a trading volume of approximately $630K, showing a strong upward momentum. This surge comes shortly after the token’s launch on January 6, and in the wake of a post made by VICKY’s CTO on X (formerly Twitter), expressing gratitude to Vitalik Buterin, Ethereum’s co-founder, for his substantial support of the project.

The VICKY token stands out because it was allocated 16% of its total supply—equivalent to 420.69 billion tokens—to Buterin during the token’s launch. Notably, Buterin has opted to retain 13% of his allocated tokens, a decision that the CTO believes signals a strong vote of confidence in the project’s long-term potential. This gesture by Buterin, one of the most prominent figures in the crypto world, has likely played a key role in the token’s positive performance.

VICKY, dubbed the “Daughter of Shiba Inu,” is a meme-based token following in the footsteps of its predecessor, Shiba Inu (SHIB). The total supply of the token is capped at 420.69 billion, and the project has incorporated permanent liquidity locking to provide more stability and security for its holders. The token can be traded on decentralized exchanges like Uniswap and CoinScan, which facilitate seamless transactions for users.

The VICKY project has outlined a three-phase roadmap to guide its growth and adoption. The initial phase focuses on laying a strong foundation, which includes launching the official website, deploying the token, engaging the community, and securing a CoinGecko listing. As part of Phase 2, the project plans to expand its visibility by seeking listings on centralized exchanges, ramping up marketing efforts, forging strategic partnerships, and hosting community events. In the final phase, Phase 3, VICKY aims to further scale its ecosystem by introducing an NFT collection, developing a staking platform, launching a mobile app, and adding other utilities to bolster the project’s sustainability and long-term value.

Given the backing from Buterin and the ongoing strategic efforts outlined in its roadmap, VICKY is positioning itself as a meme token with aspirations to build a more robust ecosystem than many of its predecessors. The decision to keep most of his tokens is seen as a strong signal that Vitalik believes in the potential of the VICKY project, which may continue to attract attention and investment in the coming months. As meme coins have gained popularity in recent years, VICKY’s performance and developments will be closely monitored by the crypto community, especially with its focus on long-term utility and ecosystem expansion.