Hold on to your seats, folks. We've found ourselves amidst a meme coin renaissance, and this time, it's one for the ages.
With the likes of Pepe Coin, Wojak, and Turbo relishing in the limelight, the meme coin scene just welcomed a fresh entrant - Copium ($COPIUM). What's more? It's ready to set the stage on fire!
Just yesterday, Copium made a grand entry on Uniswap and the market reaction was nothing short of extraordinary.
Within a mere five hours of its listing, the value of the token catapulted to $0.0162, which marked an astounding 800% surge from its initial price.
Although the price has since corrected, it's currently forming a strong support level around $0.0070.
That's right, this might be the calm before the storm, the preparatory phase for $COPIUM before it soars even higher.
DEXTools.io reports over $41 million worth of $COPIUM has already changed hands, and this is all within less than 24 hours of the token going live.
As for the number of holders, it stands at over 2,100, and growing rapidly, pointing towards the increasing interest in this newborn token.
The $COPIUM launch has struck a chord with the crypto community.
Influential voices on crypto-Twitter, such as moonpie666 and VonDoom.eth, are amplifying the excitement by egging on their followers to "cope harder" and "get coping."
This groundswell of influencer support underscores the potential $COPIUM has to truly disrupt the meme coin space.
For starters, its presale setup is unlike the usual, resembling more of a private sale.
Limited to just 200 participants, with a cap of 1 ETH per person, the Copium project ensured that the token supply is not concentrated within a few hands - a common issue that often triggers price manipulation.
Furthermore, they've installed
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