TWITTER Token is Up 10,000% in 24 Hours But Crypto Whales are Accumulating This Other Coin Now – What Do They Know?
In the latest move sending ripples across crypto markets, new token TwitterDAO (TWITTER) has exploded +11,800% in just ten hours.
The stunning moon-shot is the latest straight to DEX token surging off the back of meme value related to Twitter and Elon Musk.
Earlier in August, markets witnessed significant pumps for DEX-launched tokens related to Twitter's rebrand to 'X' - with some climbing as high as +3,000%.
As technical structure holds strong into the final day of this week's trading, TwitterDAO is trading high with a current price of $0.000098 - as intrepid DEX traders look to smash another zero of TWITTER price.
Showing no signs of slowing down, the incredible +11,800% rally was ignited at midnight last night (August 4), this followed an inactive period of 12-hours trading, which saw TWITTER struggle to gain traction at launch.
However, a significant influx of trading volume at midnight, which pumped price action an initial +1,200% soon snow-balled into a frenzy - as almost $700k of trading volume flooded in from the market.
DEX traders were emboldened by the apparent legitimacy of this emerging token, which passes through contract verification and honeypot detectors with flying colors - further solidified by $412k liquidity locked.
Over the subsequent 7 hours a +600% pump slowly pushed up after the initial surge at midnight, and despite a minor retracement (-30%) around 8AM this morning, price has gained traction once again continuing to push up.
With a steadfast bank of 436 holders after more than 1.2k transactions, TwitterDAO surpasses expectations as a DEX market entrant that might be here to stay.
Yet, despite the skyrocketing traction, many market participants are concerned about the vulnerability of DEX launched
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