Top meme coin $COPIUM is exploding higher today as its massive burn event ignited a buying frenzy. Today, Tuesday 23 May at 18:00 CET 30 percent of the token supply will be burned.
$COPIUM is already up 36% from $0.005072 to $0.06993 as it looks to reclaim its all-time high and pump higher from there.
$COPIUM Price It put in a solid floor at $0.0032 and hasn’t looked back as the price climbed up the rising trend line.
The $COPIUM price trajectory at the time of writing hints at a parabolic angle of attack for near-term price action.
It shouldn’t be underestimated what a cost-positive impact a 30% burn will have. Those hoping to ‘buy the rumor and sell the news’ could be leaving a lot of money on the table, as they could be 100 times Profits are waning for $COPIUM,
youtuber crypto analyst watching HUGE PROFIT FOR $COPIUM,
$COPIUM price pumps on news of burn and liquidity lock
Cleverly, the team at Copiam Tokens has anticipated profit-takers by announcing that the liquidity will be closed immediately following the burn event. This double whammy of ‘burn and lock’ can provide an ideal setting for the bulls.
Stalling liquidity on a DEX like Uniswap not only encourages new entrants to the market from the DEX side, but it rings loud as a vote of confidence in the project. This can be called a demonstration of ‘skin in the game’ in traditional markets, as liquidity providers commit to liquidity pools.
Withdrawal of funds by Liquidity Provider Tokens – COPIUM tokens deposited by the team in this case will no longer be possible, thereby eliminating fears about a ‘rag pull’.
The duration of the lock is determined by the smart contract. This information has not yet been released by the team.
Will there be a $COPIUM buyback by the team?
In another positive for $COPIUM bulls, in addition to sending 30% of the supply to a dead address, a certain portion can be bought and burned, providing yet more price support – which appears to be indicated in the tweet above. It happens.
NFT giveaway meme coin $COPIUM Yesterday Uniswap reached a high around $0.0070 and threatened to take out that level before burning down.
If the tweet is anything to go by then the burn could be followed by a ‘buyback’ programme, perhaps an open-ended period to maintain price momentum.
Presumably, when the ‘buy and burn’ begins and ends will depend on price performance, and the momentum being gained for escape velocity, sending the price higher in a parabolic progression.
$COPIUM Price Going Parabolic
As can be seen in the chart below, the parabola trend is developing strongly, as the price breaks out of the flag formation. The bulls will now be watching to see if the price can sustain yesterday’s retracement lower after touching $0.0070.
There is strong evidence that momentum will move ahead of the 18:00 CET burn event. Adding to that notion is the knowledge of alpha callers getting onboard to draw attention to the possibility of burn and post burn liquidity lock and buyback programs.
BUY $COPIUM ON DEX AND CEX – JOIN THE ALPHA CALLER PARTY
$COPIUM is listed on the following centralized exchanges: AscendEx, lbank, poloniex, MEXC Global And bitcoin,
It can also be bought on top decentralized exchange Uniswap. the coin is also regular ‘Hot Pair’ on DexToolsTop data and trading site in the decentralized trading space.
More centralized exchange listings are in the works and the team advises community members to watch their social media channels for announcements.
$COPIUM launched on Uniswap on 18th May and is backed by big names in crypto trading, including faiz banks who has 2.8 million Twitter followers, dez at 250k, Cosimo de’ Medici with 289k followers and foo bar With 130k.
Alpha callers are making waves about being burned out. For example Sweden posted two hours ago:
Although the project makes no bones about being built around humor and community, it’s far from the end of the story where $COPIUM is concerned.
$COPIUM has caught the imagination of crypto fans, but also serious long-term investors.
$COPIUM is the next pepe
Against of meme coins like pepe that have no use$COPIUM is the core asset of an NFT rewards airdrop ecosystem that also includes giveaway exclusives and product deals.
crypto analysts Predict 1,000% Returns For $COPIUM. However, considering its utility and the ongoing meme craze, it could achieve much more than 10x returns.
The Copiam token already has a vibrant social community. Its Twitter is following Got 18,200 followers.
But Wire The Copiam token community has grown to 2,422 members.
To buy $COPIUM directly on decentralized exchanges like Uniswap you need a crypto wallet funded with ETH.
To buy, on centralized exchanges, if you don’t already have one 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 Do it.