What is "Nyanmaru Coin (NYAN)"? A thorough explanation of its practicality, future potential, and investment value

In recent years, a large amount of money has flowed into the cryptocurrency market, and one of the reasons for this is the existence of "meme coins."

Meme coins are a type of cryptocurrency that was created based on jokes, trends, characters, etc. on the Internet. There have been a number of cases where projects created half as a joke, such as Dogecoin (DOGE), have generated explosive value due to the enthusiasm of social media and communities. In short, meme coins have no intrinsic value, but they are attracting the attention of the market as extremely speculative cryptocurrency (virtual currency).

Among them, "Nyanmaru Coin (NYAN)" has been attracting attention in recent years. The concept of the token and related trends have become a hot topic, and this is reflected in the price, etc.

In this article, we will comprehensively explain the origins of Nyanmaru Coin (NYAN), its technical foundation, use cases, market valuation, future prospects, and even points to note when investing.

The motif is Maruhan's original character "Nyanmaru"

Nyanmaru Coin (NYAN) is a relatively new meme coin launched in 2024. It was issued based on the original character "Nyanmaru" of Maruhan Co., Ltd., which operates comprehensive entertainment businesses such as bowling, amusement, and cinema, mainly in pachinko halls, and its cuteness is also a factor in its popularity.

Nyanmaru Coin (NYAN) has been officially recognized by the Web 3.0 project "TAMAGO Project" supported by Maruhan as a form of "support", and is positioned as a meme coin that utilizes IP from Japan.

The token's ticker is "NYAN" and the issuance limit is set at 1 billion (1,000,000,000 NYAN). Initial distribution is clearly divided into development team, community reserve, marketing, and distribution by airdrop.

Nyanmaru Coin (NYAN) Technology Platform

Nyanmaru Coin (NYAN) is a meme coin based on the SPL token standard issued on the Solana (SOL) blockchain. Solana is a Layer 1 blockchain that specializes in high-speed, low-fee transaction processing, and has been adopted by a variety of projects in recent years due to its excellent scalability and usability.

The intrinsic value of Nyanmaru Coin (NYAN)

As stated in the white paper, Nyanmaru Coin (NYAN) is not a token focused on creating intrinsic value.

The white paper states that "Nyanmaru Coin (NYAN) has no function, utility or intrinsic value, and no promise or expectation of monetary return, profit, interest or dividends," emphasizing that it is officially just a meme coin with no practical use cases.

Roadmap for Nyanmaru Coin (NYAN)

There is no roadmap for Nyanmaru Coin (NYAN), and it is unlikely that one will be set up in the future. It is intended to be used solely as a meme coin for entertainment purposes.

Current price of Nyanmaru Coin (NYAN)

The price and price trends of Nyanmaru Coin (NYAN) are as follows.

Price: $0.0009348 (approx. JPY 0.13)

As of June 2, 2025 (CoinMarketCap "NYAN/SOL price, chart, market cap")

The price of Nyanmaru Coin (NYAN) per coin is very low, so it can be purchased relatively easily. However, because it is a meme coin, the price fluctuates greatly, and investing a large amount of money at once can result in a large loss, so care must be taken when purchasing.

How to purchase Nyanmaru Coin (NYAN)

Nyanmaru Coin (NYAN) can be purchased on Raydium, a decentralized exchange (DEX), and Bybit Web3, a Web 3.0 service provided by Bybit, a major cryptocurrency exchange.

You can purchase from these services by connecting your wallet. A representative wallet that is compatible with Solana's blockchain is Phantom. If you are unsure which wallet to use for Solana, we recommend downloading and using Phantom from the App Store or Google Store.

As interest in Nyanmaru Coin (NYAN) grows, there are also cases where Japanese listed companies have publicly announced that they will be investing in it.

GFA Inc. (listed on the Tokyo Stock Exchange Standard Stock Exchange: stock code 8783) announced that it will begin investing in Nyanmaru Coin (NYAN) in December 2024 through its subsidiary GFA Capital.

This was carried out as part of GFA's crypto asset (virtual currency) dealing business, and is an extremely unusual case of a listed company investing in an emerging meme coin.

In recent years, the number of companies holding Bitcoin (BTC) has been on the rise, but it is rare to see companies investing in and holding meme coins. It is likely that this trend will not be limited to GFA, but will spread to other companies in the future.

Nyanmaru Coin (NYAN) is a popular meme coin, but it also carries some investment risks.

Specific risks include the following:

• Price volatility: Due to the nature of being a small to medium-sized and meme coin, the price fluctuates greatly and may fall sharply in the short term.
• Copycat tokens and scams: As popularity increases, there is a possibility that counterfeit tokens with similar names will be circulated, so caution is required.
• Changes in the regulatory environment: There is a risk that future transactions and distribution will be affected due to the strengthening of international regulations on crypto assets (virtual currencies), including in Japan.

To prepare for these risks, it is extremely important to adopt a "DYOR (Do Your Own Research)" approach. We recommend that you get into the habit of verifying the veracity of information posted by famous influencers and others, rather than simply accepting it.

Nyanmaru Coin (NYAN) is an SPL token issued on the Solana (SOL) blockchain, and its design philosophy is meme-like familiarity.

In addition, its association with Maruhan, a major entertainment company, and its position as a token that utilizes IP are also unique elements.

In addition, it is noteworthy that listed company GFA has invested in Nyanmaru Coin (NYAN). It is possible that the company will increase its involvement in Nyanmaru Coin (NYAN) in the future, so we should continue to keep a close eye on its developments.

On the other hand, as stated by the issuer, Nyanmaru Coin (NYAN) does not have any utility or functionality, but is merely a cryptocurrency (virtual currency) that exists as a meme coin.

Compared to traditional cryptocurrencies, price fluctuations are more drastic, so when purchasing, you should consider certain risks and try to manage the amount that is appropriate for your means.

Images: Shutterstock, various official websites

Related articles

GFA makes unusual investment in meme coin "NYANMARU Coin" that utilizes the IP of pachinko giant Maruhan

What is CAW (A Hunter's Dream)? A thorough explanation of its appeal, risks, characteristics and future prospects!