Despite the LUNC coin burn, the price of Terra Classic (LUNC) has been on a downward trend throughout 2023, with its total supply still at 5.87 trillion tokens.
New cryptocurrency Copium is burning 30% of its supply, aiming to do what the former Terra Luna hasn’t. Since then Announcement Due to its token burn, the price of $COPIUM has increased by more than 100%.
Mim Coin has a total supply of 1 billion, so 300 million tokens will be burned.
Next Terra Luna Classic? Price Prediction for Copium
A dispute message The team also confirms that “the liquidity pool will also be directly locked” after the token burn event.
plans to reduce the supply of $COPIUM token Attracting buyers before the event. If the number of buyers continues to increase, the reduction in supply will potentially increase the value of the remaining coins.
According to DEXTools there are currently 2,800 Copiam token holders. $COPIUM is now also listed on multiple CEX platforms – AscendEx, lbank, poloniex, MEXC Global And bitcoin,
First listed on Uniswap, the new coin is also regular ‘Hot Pair’ on DexTools,
A more centralized exchange listing is believed to be in the works as the team continues to promote the marketing of the digital asset.
Launched on Uniswap on May 18th, $COPIUM is backed by some of the biggest and most influential names in crypto trading, such as Faiz Banks who has 2.8 million Twitter followers, dez at 250k, Cosimo de’ Medici with 289k followers and foo bar With 130k.
$COPIUM features the entertainment X factor, a play on the notion of ‘coping’ with the slings and arrows of the crypto space.
Attracting even more buyers to Mem Coin are its NFT reward airdrops and other promotional gifts, including exclusive events and product deals.
Higher upside potential than LUNC
$COPIUM reached its all-time high on the launch day at $0.00164. It is currently priced at $0.005, providing a low entry point for new buyers of the token.
Burning a token supply is similar in effect to the buybacks seen for stocks. To remove from free float a company can buy back its shares from the shareholders.
In the case of crypto, instead of buying from existing holders at a fixed price, the team sends a portion of the supply to a special address from where the coins cannot be shipped. Coins are removed from the overall supply through this combustion mechanism.
some crypto experts Predict 1,000% Returns For $COPIUM, given its low market capitalization of $5 million – compared to Terra Classic (LUNC) with a market capitalization of over $500 million and Terra (LUNA) with $240 million.
For traders and investors looking for the next Pepe or Dogecoin, $COPIUM is a prime candidate.
Only on its fourth day of launch, the coin presents an attractive target for inclusion in a crypto portfolio that fits perfectly into the meme coin allocation space.
Copium NFT Collection
Two hours after the launch of $COPIUM, the team took a snapshot to determine the top 200 token holders to receive NFT Copium Tanks.
The more $COPIUM a holder owns and buys, the more their NFT tank will be filled.. Copium Tank NFT holders have two weeks to fill their tank as much as possible.
NFTs can be publicly traded secondary market like Opensea, Anyone who owns the NFT at the time of the airdrop will receive the full amount, regardless of whether the wallet address is in the top 200.
The Top 200 criteria only apply to the initial distribution of the Copium Tank NFT. get more info on 200 nft In this twitter thread.
After that two-week period has expired, Copium Tank NFT owners can use their tanks to claim their $COPIUM airdrop tokens.
The number of tokens an owner receives is directly related to the completion of their Copiam Tank NFT.
The claim date for the NFT airdrop has not been released yet. NFTs can be held or traded in the secondary market.
10 million $COPIUM tokens were made available to the top 200 $COPIUM token holders during the airdrop, representing 1% of the total 1 billion supply of tokens.
The current minimum price for Kopium Tank NFTs on OpenSea is 0.69 ETH.
Community Rivals Terra Classic
The Copiam token already has a vibrant social community. Its Twitter is following Got 18,100 followers.
But Wire Its community has grown to 2,380 members.
But the team is leaving no stone unturned. But discord server It was announced that there would be “a new wave of PR globally to push the 300m token burn”, potentially the new crypto coin to rival Terra Classic after the infamous LUNA crash and hard fork last year. setting up the discussion.
To Buy $COPIUM All you need is a crypto wallet funded with ETH directly on decentralized exchanges like Uniswap.
On centralized exchanges, simply set up your account and complete KYC verification, fund your account and then trade the COPIUM/USDT pair on one of the three exchanges mentioned above.
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