NALA Crypto Coin Explained: Origin, Versions, and Market Reality
NALA Token Price Tracker
Ethereum Version
Supply: 1 Quadrillion
Contract: 0xb74f...b8c30e
Gas Fee: ~$15-$30
Current Price: $0.0000006180
24h Change: -98.6%
Solana Version
Supply: 920 Million
Contract: 9mmPix...UT2ixx
Gas Fee: ~$0.00025
Current Price: $0.0000006180
24h Change: -98.6%
Market Overview
Market Cap: $58,000
All-Time High: $0.000115
Volume (24h): $0
Holders: ~2,160
Volatility: 28%
Green Day Ratio: 0%
Expected Price (Dec 2025): $0.0000001064
Expected Drop: -73.4%
Analyst Rating: Bearish
Risk Assessment
- High Price Volatility Extreme
- Low Liquidity Severe
- No Public Audit Critical
- Rug Pull Risk High
- Regulatory Risk Medium
Key Takeaways
- NALA is a meme token built around Instagram star Nala Cat, launched in 2023.
- Two main versions exist: an Ethereum contract with a 1quadrillion supply and a Solana contract with a 920million supply.
- Market cap hovers around $58000, price below $0.000001, and daily volume is effectively zero.
- Liquidity is thin, fees vary by blockchain, and the token has no real utility or roadmap.
- Expert sentiment is overwhelmingly bearish; most analysts consider it a high‑risk speculative play.
What Is NALA?
When the crypto world got hooked on meme coins like Dogecoin and Shiba Inu, a new furry mascot emerged: Nala (NALA) is a meme cryptocurrency token created as a tribute to Nala Cat, the Guinness‑record holder for the most‑followed cat on Instagram (over 4million followers in 2023). The token launched in 2023 with the cheeky tagline “Not a lion, a…”, positioning itself as a fun, community‑driven joke rather than a utility‑focused project.
The core idea is simple: attach a recognizable internet celebrity to a digital asset, hope the fandom buys in, and let market speculation do the rest. In practice, NALA lives and dies by hype cycles, pump alerts, and the tiny handful of holders who actually own it.
Token Versions and Technical Specs
Unlike most coins that stick to a single blockchain, NALA deployed two separate contracts, creating confusion for anyone trying to trade it.
- Ethereum version: Contract address
0xb74f...b8c30e. Total supply=1quadrillion (1P) tokens. As of September2024, only about 2,160 unique holders were recorded on Etherscan. - Solana version: Contract address
9mmPix...UT2ixx. Total supply=920million tokens. Holder count mirrors the Ethereum side, also around 2,160 according to Solana Explorer.
The Ethereum chain brings the usual gas costs (often $15‑$30 per transaction in 2024), while Solana advertises ultra‑low fees (~$0.00025 per swap). Both versions suffer from low liquidity, meaning you’ll need a slippage tolerance of 15‑25% just to move a modest amount.
Market Performance and Price History
Price data paints a bleak picture. NALA’s all‑time high hit $0.000115 in early2024, but by October2024 it sat roughly 98.6% below that level. The latest price reported by CoinCodex on 15September2024 was $0.0000006180, with virtually no 24‑hour trading volume on major exchanges.
Market cap stays under $60000, a drop‑in compared to the multi‑billion valuations of Dogecoin ($11.5B) and Shiba Inu ($7.2B) as of September2024. Over a 7‑day window, NALA posted 0% gain while the broader crypto market rose 6%.
Volatility metrics are extreme: a 28% volatility rating and a 0% green‑day ratio over the last 30days, indicating that price moves are mostly downwards or flat. Technical models from CoinCodex predict a further decline to $0.0000004624 (‑25%) in the short term and even down to $0.0000001064 by December2025.
Community, Sentiment, and Risks
Community engagement is mostly noise. Telegram’s “NALA Army” (≈2,100 members) is dominated by automated pump alerts; genuine discussion is rare. Reddit’s r/CryptoMoonShots saw a thread on 5September2024 where a user lamented being unable to sell due to nonexistent liquidity.
Expert sentiment is uniformly bearish. Marcus Thompson of CryptoInsight Weekly called NALA “the worst of the meme coin market” in August2024, citing zero utility and negligible trading volume. CoinCodex’s technical assessment gave it a “Bearish” rating with an RSI of 46.67, suggesting limited upside momentum.
Regulatory risk adds another layer. The SEC’s “Project Crypto” initiative targets meme tokens lacking utility, and NALA’s complete absence of a roadmap or development activity makes it a likely candidate for future scrutiny.
How to Acquire NALA and What to Expect
If you still want to dabble, you’ll need a crypto wallet that supports the relevant blockchain:
- For Ethereum NALA, install MetaMask and fund it with ETH for gas.
- For Solana NALA, install the Phantom wallet and top up with SOL.
- Connect to a decentralized exchange (Uniswap for Ethereum, Raydium for Solana).
- Enter the contract address exactly; a typo will send your funds to a dead address.
- Set slippage tolerance to at least 20% and confirm the swap.
Be prepared for a high transaction‑failure rate (about 68% of attempts in September2024) and the fact that you may not be able to sell the tokens after purchase.
Security wise, the Ethereum contract still lists an owner address, meaning the creator can mint or move tokens arbitrarily. No third‑party audit has been published, raising the specter of a rug pull.
Comparison: Ethereum vs Solana Versions
| Attribute | Ethereum Version | Solana Version |
|---|---|---|
| Contract address | 0xb74f...b8c30e |
9mmPix...UT2ixx |
| Total supply | 1quadrillion (1P) | 920million |
| Typical transaction fee | $15‑$30 (gas) | ≈$0.00025 |
| Primary DEX | Uniswap V3 | Raydium |
| Liquidity depth (approx.) | Very shallow; slippage >20% | Very shallow; slippage >20% |
| Audit status | No public audit; owner not renounced | No public audit; ownership unclear |
Practical Tips and Red Flags
- Do your own research - the token’s only claim to fame is the cat’s Instagram fame, not any technology.
- Expect high slippage and possible transaction failures; keep a backup wallet funded with extra gas.
- Watch for sudden token dumps; the owner can move large chunks of supply at any time.
- Consider the opportunity cost - $100 could buy a tiny slice of a low‑cap DeFi project with real utility.
- If regulatory news hits meme coins, NALA is likely to see a sharp price drop.
Frequently Asked Questions
What does the NALA token actually do?
NALA has no built‑in utility. It functions purely as a speculative meme asset tied to the fame of Nala Cat.
Which blockchain should I use to buy NALA?
Both Ethereum and Solana host NALA, but the Solana version offers cheaper fees. Liquidity is thin on both, so choose the network you’re most comfortable with.
Is NALA a good long‑term investment?
Analysts overwhelmingly label NALA as high‑risk with negligible upside. Without utility, community growth, or regulatory clarity, it’s not considered a solid long‑term hold.
Can I sell NALA on a centralized exchange?
No major centralized exchanges list NALA. You’ll need to use DEXs like Uniswap or Raydium, and even then liquidity may be insufficient to execute a trade.
What are the main risks of buying NALA?
Key risks include: extreme price volatility, near‑zero liquidity, owner‑controlled token supply, lack of audit, and potential regulatory action against utility‑less meme tokens.
In short, NALA crypto is a novelty coin that rides on internet fame rather than any technical merit. If you’re chasing quick thrills and can afford to lose the entire stake, the token might offer a brief adrenaline rush. For anyone looking for stability, utility, or a credible growth story, there are far better options in the crypto space.
