Homer Simpson Token Price Blasts Up 60,000% in 7 Days and Experts Believe This AI Meme Coin is the Next Crypto to Explode – $7.5 Million Raised Already
In an unexpected twist in the crypto universe, $HOMER, the cryptocurrency named after the iconic Homer Simpson character, is making waves.
Coined as the inaugural "DOH coin," this decentralized asset was designed solely for fostering a warm and vibrant community, with its creators affirming its lack of promises, roadmap, or practical use.
The token allocation for $HOMER is diverse: 55% has been set aside for presale, 27% for liquidity, 10% for marketing, 5% for the presale group, and the remaining 3% for the team.
An additional gesture sees 5% of the presale earmarked for distribution among 50 early supporters.
Despite a bot attack leading to the renouncement of the presale and the subsequent locking of liquidity, the $HOMER team remains undeterred.
In recent news, the token's trading volume surged to $15.3 million, reflecting an impressive 24-hour increase.
Currently listed on the Uniswap DEX, $HOMER boasts a market cap of roughly $68 million, fuelled by a massive supply of 89 billion tokens.
Interestingly, the coin's appeal extends beyond just its namesake, as evident from its top 10 ranking on Dexscanner, trailing just behind ETH. This feat underscores the extensive potential and attraction the meme coin holds for investors.
Launched on Friday May 12, $HOMER has enjoyed an explosive rally that has defied all predictions that meme coin season was coming to an end.
A surge of volume drove a skyrocket up to topside resistance at $0.00e48, before a swift tumbling rejection saw price collapse back down to $0.00e20 on Sunday night.
Steadfast support here, has ignited a resumption of technical rally structure Monday morning with price shooting-up impressively so far today,
With upside momentum once again growing, $HOMER is now back in
Read more on cryptonews.com
