Event:
A relatively new memecoin that popped up about a little less than 3 weeks ago is again showing huge growth. In the past 24 hours, the token rose by 89%, and its capitalization hit $12.9 million. Such growth rates create a huge buzz around the token and welcome new people.
Should we thank the team for the pump?
Upon considering all the assets of this token, our experts have not seen any expectation of the pump from the team, but we would like to say that some influence on growth was produced by the owners' and team's communication with the community. We would like to say that the entire pump was pumped up because of the community.
$GASS community:
After reviewing these people's posts, our specialists are sure they were shilling the token. Their amazing shilling is responsible for drawing in new people - probable $GASS token buyers. We also believe that some large holders of the $GASS community are deliberately ordering positive posts about the token in order to attract new buyers and sell their tokens to them, in other words, to hide from them.
Future realities:
Our analysts believe that the token chart reflects good dynamics for the next couple of days, then there can be a decline which will stabilize the price and continue to develop further. We believe that all these actions will occur, but under the condition of the existing actions of the team and community.
Conclusion:
$GASS is a great memecoin, and it may have a wonderful future but only with a sane strategy from the team. For more information regarding the token, you can inspect its contract - 0x774eaF7A53471628768dc679dA945847d34b9a55
We continue looking at trends regarding $GASS.
This article is not investment advice!
