As NOLA Token Shoots Up 900%, This Lesser Known ETF Crypto May Explode in January – Here’s Why

cryptonews.com:

As meme coin markets continue to surge with activity amid stalling Bitcoin price action, NOLA token has emerged as the latest memecoin pump after shooting up +900% overnight, but could this new ETF crypto be next?

This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO Bot, BabyGROK, TIME, 4096 and IO.

So let me get this straight… $NOLA is Arbitrum founder's cat @ $7m market cap… $HEMULE is Ethereum (Vitalik) founder's cat @ $2m market cap?

I think there is room to run pic.twitter.com/bm47dVOD6l

— Troy (@trader_lav) December 18, 2023

In the latest move, NOLA token has rocketed up to an impressive $7M market cap, as traders flock to take position in the rally, which has been fuelled by humourous community sentiment around the cat owned by Founder of Arbitrum – Steven Goldfeder.

At the time of writing, NOLA is currently trading at a market price of $0.005848 (Representing a 24-hour change of +673%).

This comes after a slow first 48-hours of trading for the fresh-faced meme coin, which undertook steady and stable growth of +2,500% between December 15 and December 17.

However, at around 4PM Yesterday (December 16) price action was swept with a huge inflow of trading volume – which triggered a monumental rally.

Across the next 10-hours, NOLA price rocketed up +900% to hit an all-time high at $0.0097 – on the precipice of dropping a zero.

Yet, no pump can rally for ever, and this morning has witnessed minor localized retracement (-40%) as early backers take profit on their jaw-dropping +78,000% gain.

This leaves NOLA price currently fighting to consolidate above support at $0.0050, however, this is also