Emoticon Token Shoots Up 1,000,000% and Blockchain Experts Say This Lesser Known Crypto is Next – How to Buy Early?

cryptonews.com:

As on-chain markets continue to witness sensational price moves, EmotiCoin (EMOTI) has exploded over-night in an almost unbelievable +1,000,000% skyrocket.

Market frenzy has been ignited around EmotiCoin's promise of a Reverse Split protocol - a deflationary mechanism that reduces total supply every 4 hours over 14 days in -20% increments.

These unparalleled tokenomics induce intense scarcity in EmotiCoin supply - and with the price of a crypto asset equalling the market cap divided by the circulating supply - price is likely to continue skyrocketing.

At the time of writing EmotiCoin is currently trading at a market price of $0.00001846 (representing a 24-hour change of +445.7%).

EmotiCoin was launched on September 1, and saw slow initial traction with the newly-hatched coin gaining just +3,150% in 9-days.

However, on September 9 the tides began to turn as DEX traders took notice of the consistent project growth driven by the reverse split tokenomics.

This triggered a trickle of trading volume, which pushed price up +236% over the next 24-hours, until mid-day on September 10 which saw $175k in trading volume surge into the project.

The sudden on-chain flow catalysed dramatic upside movements, with price exploding an additional 400% in the next 48-hours - as traders raced to take position in this tokenomic marvel.

The whopping surge has brought gains since launch to a jaw-dropping +1,000,000% return, a return that is only likely to grow as buy pressure continues to dominate representing 67% of transactions over the last 6-hours.

But, while DEX traders are riding this moon-shot token, other traders are shifting their attention to an upcoming tier-1 CEX listing that has been tipped as the biggest meme coin launch of 2023.

Wall Street