Turbo Shiba Inu (SHIBTUR), a new memecoin on the Solana blockchain, has launched and is now available to purchase via Solana decentralized exchanges, like Raydium.io and Jup.ag.
The memecoin is projected to rally in the coming days, as early Dogecoin investors begin purchasing the new token, and early investors could generate huge returns if they get in early.
It is reported that Turbo Shiba Inu (SHIBTUR) will be listed on centralized exchanges later this month, unlocking hundreds of millions of dollars of additional liquidity. This could potentially cause its price to skyrocket.
Before the coin gets listed on centralized exchanges, it can only be purchased via Solana decentralized exchanges, like Raydium.io and Jup.ag.
To buy the coin, you need to create a Solflare wallet and fund it with Solana, and then go to Raydium.io or Jup.ag and enter SHIBTUR’s contract address –  8zDZ1N8YeMuKEbvAAt1GY1gvwiKKSc1SRtTqd3CJCx1i – in the buying field, and then swap Solana for SHIBTUR tokens.
It currently has a market cap of just a few thousand dollars as the initial liquidity pool only contained a few hundred dollars of Solana, meaning early buyers can accumulate a huge number of tokens for just a few hundred dollars.
Solana memecoins are speculative and risky investments, as they are extremely volatile and can rally very quickly or lose value quickly.
In early 2025, President Donald Trump received backlash after launching his own Solana memecoin, which turned early investors into millionaires, but investors who held the token for several months lost significant amounts of capital.
