As New Nutcoin Token Goes Up +9,000% Overnight, This New Project May Be the Next Crypto to Explode – 100x Possible?
In the latest DEX launched memecoin to skyrocket, new Nutcoin token has undertaken a sensational +9,000% NUT price explosion, but how high can this moon-shot fly?
Recent months have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO Bot, Baby Meme, MILK, XDOGE and IO.
$NUT
New MEME
One word?
Nope,more marketing plan !!! pic.twitter.com/JAx1IZpzeh
— NutCoinOffice (@NutCoinETH) November 9, 2023
Nutcoin appears to be a straight-up meme coin skyrocket, with no apparent utility, and a marketing strategy seemingly reliant on meme absurdity.
As NUT price continues to hammer-up high amid intense buying pressure, Nutcoin is currently trading at a market price of $0.0003128 (representing a 24-hour change of +9,938%).
This comes only hours after the impressive launch, at just 3:00AM on November 13 (suggesting the launch likely comes from the Asian market).
Instant traction swept the chart in the initial hours of trading, with price hammering up to establish a strong ascendant upper trendline in the first 3-hours (an electric +2,884% move).
The dramatic pump upon launch captured the interest of eagle-eyed DEX traders, triggering a huge influx of move than $536k in trading volume over the subsequent 5-hours.
With price still fuelled up by the surging interest, Nutcoin is continuing to post new all-time highs as I write, this stems from significant buy pressure which currently represents 64% of transactions (over the past hour).
Still, it appears room remains for significant growth in Nutcoin from here, with just 268 holders at present, a lowly market cap of $2.13m, and 16 hours until the end of its first day of trading.
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