Giga Niga, often referred to by its ticker GIGANIGA, is a digital token operating on the Solana blockchain. This article provides a detailed overview of its current market performance, key statistics, and essential information for anyone interested in this asset.
What Is Giga Niga (GIGANIGA)?
Giga Niga is a cryptocurrency token built on the high-speed Solana network. Like many other tokens in the decentralized finance (DeFi) space, it facilitates various transactions and interactions within its specific ecosystem. Its value and market presence are primarily driven by trading activity on decentralized exchanges.
GIGANIGA/SOL Market Performance and Key Statistics
Monitoring the key metrics of any cryptocurrency is crucial for understanding its market position. Here are the vital statistics for the GIGANIGA/SOL trading pair.
Current Price and Trading Data
As of the latest data, the price of GIGANIGA is $0.000002813. The token's price remained stable over the previous 24-hour period. The recorded 24-hour trading volume was $0.03893, stemming from a single transaction.
Liquidity and Valuation
Liquidity is a critical factor for any tradable asset. The liquidity pool for GIGANIGA/SOL currently holds $5,616.36. The Fully Diluted Valuation (FDV) of the token stands at $2,811.95. A healthy liquidity pool is essential for ensuring smooth trades and minimizing price slippage.
Historical Price Range
In the last 24 hours, the price of GIGANIGA has shown consistency. The highest price recorded was $0.000002813, and the lowest price was also $0.000002813.
Contract and Pool Information
The smart contract address for GIGANIGA is a fundamental piece of information for verification and transactions: 5CjvudUbmbTMZkknAv4TMq5sp8k4SMQnJMRiecRgsCC9.
This trading pool was established approximately 12 days ago. The most recent transaction occurred recently, indicating ongoing market activity. The liquidity provided to this pool is reported to be 100% locked, a positive sign for trader security.
Exchange Rate and Purchasing Power
The current exchange rate between GIGANIGA and SOL (Solana) is $0.000000019. Based on this rate, one US dollar would allow a user to acquire approximately 355,490 GIGANIGA tokens.
The composition of the liquidity pool is broken down as 985.59M GIGANIGA tokens (valued at $2,773.95) and 18.78 SOL (valued at $2,780.78).
Where to Trade GIGANIGA Tokens
GIGANIGA tokens are available for trading on several platforms within the Solana ecosystem. These include various decentralized exchanges and tools that support Solana-based assets. 👉 Explore more trading strategies
Token Distribution and Holders
Understanding the distribution of a token can provide insight into its decentralization and potential market stability. GIGANIGA currently has an estimated 62 holders.
The largest holder of GIGANIGA tokens is the PumpSwap contract itself, which holds 985.58M tokens valued at approximately $2,772.42.
Security and Technical Features
The GIGANIGA/SOL pair has been assigned a specific score by market analysts. Importantly, the token's minting and freezing authority has been disabled. This is a significant technical feature that prevents the creation of new tokens or the freezing of existing ones, adding a layer of security for investors.
A portion of the tokens, approximately 6.64%, were initially purchased via bundled buys.
Frequently Asked Questions
What is Giga Niga (GIGANIGA)?
Giga Niga is a cryptocurrency token built on the Solana blockchain. It is traded on decentralized exchanges and is part of the broader ecosystem of digital assets that leverage Solana's fast and low-cost transaction capabilities.
How can I buy GIGANIGA tokens?
You can acquire GIGANIGA tokens by using supported decentralized exchanges that list the GIGANIGA/SOL trading pair. This typically involves connecting a compatible Solana wallet and swapping SOL or other tokens for GIGANIGA.
What does a locked liquidity pool mean?
A locked liquidity pool means the funds provided for trading are secured in a smart contract for a set period. This prevents developers from removing the liquidity suddenly, which helps to build trust and reduce the risk for traders.
Is the GIGANIGA token secure?
The token's contract has had its minting and freezing functions disabled, which is a positive security measure. However, as with any cryptocurrency, potential investors should always conduct their own thorough research and due diligence before engaging in any transactions.
What is the fully diluted valuation (FDV)?
The Fully Diluted Valuation (FDV) represents the projected market capitalization of a cryptocurrency if its entire maximum supply of tokens were in circulation. For GIGANIGA, the FDV is $2,811.95.
Why is the trading volume low?
Low trading volume can be indicative of a newer or lesser-known token that has not yet gained widespread market attention. It can also lead to higher price volatility due to the lower depth of the order book.