Just A Lotto ($LOTTO) Coin Trends on X Overnight: What is It and Why is it Trending?

There are many cryptocurrencies out there, but only a select few have made it to the spotlight, and on Thursday, Just A Lotto (LOTTO) did that

Just A Lotto (LOTTO) has become a hot topic among crypto holders and is fast-becoming a favorite memecoin. The team behind the token describes it as one that’s "trying to provide a fun environment to generate wealth together as a community."

However, they also add that the LOTTO coin is "never a guarantee we are going to win," so investors should only put in what they're willing to lose.

The LOTTO token allows users to utilize nonfungible tokens (NFTs) as "tickets" to a variety of giveaways. A community-driven memecoin, LOTTO is reshaping the way crypto combines meme tokens and NFTs.

Built on the ever-popular Solana blockchain, LOTTO also has other events where "Lotto Ballers" can win tokens. It currently has a $9.02 market cap. "It's not just a lotto, it's a movement," as the digital coin's tagline states.

According to DEX Screener data, in the past day, Just A Lotto was the second-largest gainer among Solana coins, just below terminal of truths (j🧃nus).

Not every coin will ever be a trend, especially on X. Usually, the bigger, more prominent crypto coins, altcoins, and major memecoins will make it on X's trends list. However, LOTTO is an example of a smaller coin that proved it's possible to get there.

As of early Friday, there have been over 12,000 posts about LOTTO in the last 24 hours. The chatter around the coin appears to have affected the token's price positively.

Data from GeckoTerminal shows that the meme token has been up by over 80% in the past day. Over 2,600 of 3,700 trades on the memecoin were buys, as per the platform.

A deeper look into the coin's seven-day chart shows that the token posted a massive green candle on Monday and has since been on an uptrend.

The coin's time in the spotlight may be attributed to the memecoin's listing early Friday on crypto trading platform AscendEX.

Also, the team announced that Daily Lotto is back, with January's total loot at 5,000 LOTTO tokens.

While Bitcoin is the king of all crypto and altcoins are the frontrunners of utility, memecoins are usually the drivers of engagement in the crypto space.

In the case of the LOTTO token, a strong community is what appears to be the driving force around it.

One coin holder praised the developers for "actually trying to make you rich and not themselves," while another expressed gratefulness for having held on even through the memecoin's lows.