Ethereum News Today: Manyu's Deflationary Model Sets It Apart From Inflationary Ethereum

Manyu ($MANYU), a Shiba Inu-themed meme coin on the Ethereum blockchain, has surged in popularity, achieving a market capitalization of $36.15 million as of October 9, 2025, according to CoinGecko and BeInCrypto. The token, which launched in July 2025, has attracted attention for its viral social media presence and deflationary mechanics. Traded across 11 exchanges, including MEXC, Uniswap, and LBank, Manyu's 24-hour trading volume reached $5.74 million, with a circulating supply of 1 quadrillion tokens. Despite a 6.41% price decline in the last 24 hours, the token has gained 142.70% in value over the past month, outperforming Ethereum's 12.70% increase during the same period.

The project centers around Manyu, a Shiba Inu dog with over 20 million social media followers, whose "main character energy" and pampered lifestyle have driven community engagement. The token's design includes 100% liquidity burned and a renounced contract to ensure decentralization, though the team retains minting and freezing rights. This model mirrors successful meme coins like Dogecoin but incorporates a roadmap for expanding into a multi-utility ecosystem, including NFTs (Manyushi NFT Collection) and a play-to-earn game (Manyuverse) .

Market dynamics highlight Manyu's dominance on Ethereum's decentralized exchanges. On Uniswap V2, the MANYU/WETH pair generated $8.08 million in 24-hour trading volume, while MEXC reported $358,680 for the MANYU/USDT pair. The token's price volatility is evident, with a 30% drop recently reported by community observers, despite a theoretical fully diluted valuation (FDV) of $36.15 million . Analysts note that Manyu's success hinges on sustained community-driven hype, with social media followers exceeding 11.9 million and 4,600+ token holders .

Ethereum's broader ecosystem context is critical to Manyu's trajectory. While Ethereum's burn rate has declined sharply-dropping 95% year-to-date-Manyu's deflationary model contrasts with the network's inflationary pressures . However, this divergence does not directly link to Manyu's performance, as Ethereum's reduced activity stems from migration to Layer-2 solutions and rising competition from "Ethereum killers" like Solana.

Looking ahead, Manyu's roadmap includes launching a cross-chain bridge, decentralized exchange (ManyuSwap), and real-world integrations such as debit cards by Q1 2026 . The project's ambitions align with broader trends in meme coin evolution, where utility-driven narratives seek to transcend viral appeal. While the token's future remains speculative, its current metrics-ranked 1005 globally by market cap-suggest it has carved a niche in the Ethereum ecosystem .

: ($0.00002171) MANYU (MANYU) Price History and Historical Data (https://coincheckup.com/coins/manyu-token/historical-data)

: Manyu (MANYU) Price, MarketCap, Charts and Fundamentals Info (https://beincrypto.com/price/manyu-2/)

: Manyu Price Today - Manyu Price Chart & Market Cap | CoinCodex (https://coincodex.com/crypto/manyu-2/)

: Manyu ($MANYU) Unleashes Shiba Sass on Ethereum (https://blog.mevx.io/memecoin/manyu-manyu-unleashes-shiba-sass-on-ethereum)

: What Is Manyu (manyushiba.com) (MANYU) And How Does It Work? (https://coinmarketcap.com/cmc-ai/manyu-ethereum/what-is/)