Copium Token Price Prediction - Is $COPIUM The Next Pepe?
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The meme coin explosion has continued to gain steam in recent weeks with dozens of new meme projects launched every day.
While many of the speculative projects never get off the ground, a few manage to attract huge interest, hype and investment from day one.
Copium ($COPIUM) is one such project and after launching straight-to-DEX on Uniswap on May 18 it saw more than $45 million of trading volume in its first 24 hours and pump more than 1,000% from launch and became a top trending token on DEXTools.
With a market cap of $10 million, there is still huge room for growth in the project, especially given the interest around its upcoming NFT collection and airdrop and with $COPIUM now listed on three major exchanges - LBank, MEXC and Poloniex - within 24 hours of launch.
Copium’s private, invite-only presale saw 33% of the coins distributed on an invite-only basis to prominent and influential figures in the crypto community.
All in all, 33% of tokens were sold for $0.001213. The presale equated to a value of $363,999, giving the coin roughly a $1 million fully-diluted market cap at launch.
The private sale aimed to involve 200 famous crypto community members who could serve as project ambassadors and holders.
Each private sale member could purchase a maximum of 1 ETH worth of $COPIUM making for a fair launch, which was further enhanced by only 10% of their tokens being unlocked at launch.
One such figure was prominent YouTuber and crypto investor FaZe Banks, one of the founders of FaZe Clan, who revealed to his 3 million Instagram followers that having sold made his 1 ETH back he is
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