TLDR:
- Market: idrawline ($MITCH) hit an all-time high (ATH) market cap of $41.58M in just two hours and is currently trading at $33M with a 24-hour trading volume of $24.1M.
- Narrative: $MITCH, developed by Solana meme trader Mitch, takes his popularity from all-time-highs of an $8M portfolio to all-time lows of $500K after adopting a “diamond hands” policy. With 80% of the total coin supply locked and giveaways promoted via live streams, $MITCH is the ultimate meme trader coin, but its volatility and entertainment-themed focus carry extremely high risks.
idrawline ($MITCH), contract address FDEF2U9geiWS7sdGPCUo2r1wGswkJr2mmVTECiH6pump, exploded onto the Solana blockchain, reaching an all-time high market cap of $41.58M in just two hours on September 3, 2025, with a current market cap of $33M and a 24-hour trading volume of $24.1M. Launched on Pump.fun, $MITCH is the brainchild of Mitch, a well-known Solana meme trader whose portfolio soared to $8M through precise trades, attracting countless copy-traders.
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The $MITCH narrative thrives on Mitch’s rollercoaster story and meme trader archetype. He purchased 80% of the token supply and committed to locking it, leaving 20% as circulating supply, per X announcements. Mitch plans to give away some tokens during live streams, boosting community engagement, but emphasized the token’s purpose is purely personal entertainment, not charity. His journey from retail investor to meme coin legend resonates on X, where posts highlight his authenticity despite massive losses. However, $MITCH’s rapid $8.58M market cap drop and reliance on Mitch’s fame signal extreme volatility.
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