As Bitcoin’s mini-bull cycle continues, profits have rotated through altcoins and are now attacking memecoin and on-chain plays, and SamurAI Bot token (SAMBO) has exploded 7x overnight in an impressive rally.
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, MOONEY, OGGY, REFUND, DRS and THING.
Our mission is simple. Find the giants, watch their movements, and move with them without their knowledge.
When we can see them yet remain invisible ourselves, we give ourselves the opportunity to feed and protect our village in the process. pic.twitter.com/Av3sSAiuGV
— SamurAI Bot (@SamuraiBot_erc) May 29, 2023
SamurAI Bot is a new ‘alpha bot’, which aims to invisibly track the movements of big wallets across four different channels – tailored to the users’ risk tolerance.
As SAMBO price action consolidates and finds feet, Samurai Bot token is currently trading at a market price of $0.0003928 (representing a 24-hour change of +0.74%).
This comes following a sensational SAMBO token launch, which saw a jaw-dropping +977% gain in the first 6-hours of trading.
DEXtools / SAMBO WETH
Rejection from a local high of $0.0005 triggered a -45% retracement move, as early-backers too profit on their lucrative gains.
However, a well-defended consolidation level has since been established above $0.00032 – with price finding feet in an upside move this morning.
This comes as buy-pressure remains strong amid $82k in 24-hour trading volume, with buys currently representing 58% of ongoing transactions.
Growth potential seems promising here, with the project still clearly in its early stages – with just 245 holders and a lowly $395k market cap.
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