As DEX tokens continue to dominate the headlines, GUISE has emerged as the latest market entrant to undertake a sensational +30,000% pump on launch.
The magnificent display - driven by a flood of trading volume, has seen GUISE surge to take top spot at 'Hot #3' on leading aggregator DEXtools.
This latest pump comes amid a month of high-octane DEX moves, with similar tokens such as QR and TELE shooting-up in the last few days.
Amid the jaw-dropping price action, GUISE is trading high, at a current price of $0.21 (a 24-hour change of +33,850%).c
Launched at just 10PM on August 21, an initial +3,000% explosion in the first two hours - followed by a well-defended consolidation - caught the attention of eagle-eyed DEX traders.
A steady trickle of volume continued to feed price action in a fight against hard resistance around $0.10.
But by 8AM on August 22, crypto markets became decisive - with a huge flood of $1.5m in trading volume (triggered by the strong consolidation overnight) surging into GUISE.
Price erupted from $0.08 to an all-time high (ATH) at $0.375 in just two hours, in an explosive movement that brought gains for early GUISE backers to a monumental +35,000%.
However, all good pumps must come to an end, and at 10AM retracement was triggered, which has so far bled-out -40%.
Yet, despite the localised retracement move, buy pressure remains dominant - accounting for 59% of DEX trades over the past hour.
This suggests that a strong consolidation here could provide the footing for an impressive recovery.
But while 461 GUISE bag-holders await their fate, smart money has already begun to rotate profits into a superior meme coin trade with long-term value accrual locked-in.
As the meme coin vertical makes a resurgence, there is
Read more on cryptonews.com